Saturday, June 25, 2016

Noam Chomsky: The Consequences of the Neoliberal System


Similar things are happening in Africa, here, and in Europe. The indignados in southern Europe and the Occupy movements here are in a sense similar, even if that are from different worlds. The protests are not against dictatorships but against the shredding of democratic systems and the consequences of the Western version of the neoliberal system, which has had structurally consistent effects for the past thirty years: a very narrow concentration of wealth in a fraction of 1 percent of the population, stagnation for a large part of the rest, deregulation, and repeated financial crises, each one harsher than the last.” 
 
 Noam Chomsky, Power Systems: Conversations on Global Democratic Uprisings and the New Challenges to U.S. Empire

 

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