Citizens Media Resource: Myths and Realities of Globalization in 2017 and Beyond

Thursday, June 22, 2017

Myths and Realities of Globalization in 2017 and Beyond

Linguist and intellectual Noam Chomsky and Cambridge economics professor Ha-Joon Chang talk out the powerful, transnational forces that run our lives in this Truthout interview.

Noam Chomsky Photo by jeanbaptisteparis

In our story with Noam Chomsky from 2012, he described the U.S. as having become a "senate of the wealthy" and operating as something of a third-world nation. Nothing has happened to change that view.

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Wish List of Research

1. Who makes money on war? And on military buying, protecting and occupying? Yeah, we already know, but let's audit this with excellent research that lays out who profited and continues to profit from our invasion and occupation of Iraq and Afganistan....or any other military activity and occupations, past or present. We have at least 823 foreign bases that the U.S. admits to; those are paid for by taxpayers, and the military bases are there principally to guard the oil for Exxon-Mobil. I believe we will find that taxpayers spend a huge amount on corporate welfare and subsidies to giant corporations, whose profits obviously are more important than the lives and limbs that are sacrificed in military actions. While we are at it, we should study who makes money from natural disasters, and how they get handed huge government contracts---in a no-bid rush, of course, since it is an emergency. There are capitalistic exploiters who feed off this as an industry; they are just not so long-established as what President Eisenhower called "the military-industrial complex."

2. Economic impact of legalizing use and sale of marijuana. There's another economic stimulus and revenue raiser. It would be regulated for safety and legal for individuals and small outfits to grow and sell. With the chance for broad participation, and the exclusion of monopolistic takeover of the market, many Americans would have the opportunity to be entrepreneurs.