You canโt have meaningful political democracy without functioning economic democracy.
Noam ChomskyCEOs pretty much pick the boards that give them salaries and bonuses. That's one of the reasons why the CEO-to-payment [ratio] has so sharply escalated in this country in contrast to Europe. (They're similar societies and it's bad enough there, but here we're in the stratosphere. ] There's no particular reason for it.
Noam ChomskyStephen Colbert's recent comment is apropos: When the Republican legislature of North Carolina responded to a scientific study predicting a threatening rise in sea level by barring state and local agencies from developing regulations or planning documents to address the problem, Colbert responded: "This is a brilliant solution. If your science gives you a result that you don't like, pass a law saying the result is illegal. Problem solved."
Noam ChomskyIn Europe there's an dangerous growth of ultra xenophobia which is pretty threatening to any one who remembers the history of Europe... and an attack on the remnants of the welfare state. It's hard to interpret the austerity-in-the-midst-of-recession policy as anything other than attack on the social contract.
Noam Chomsky