Free Market Fantasies: Capitalism in the Real World

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Overview

There is endless talk about the free market and its virtues. Entrepreneurs compete on level playing fields and the public benefits. The chasm between such fantasies and reality is acute and growing wider. Mega-mergers and monopolies are limiting competition. Fewer than 10 corporations control most of the global media. The existing free market depends heavily on taxpayer subsidies and bailouts. Corporate welfare far exceeds that which goes to the poor.
Economic policy is based on the dictum: take from the needy, and give to the greedy. The captains of industry of today make the robber barons of the 19th century look like underachievers. The gap between ...

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More About This Book

Overview

There is endless talk about the free market and its virtues. Entrepreneurs compete on level playing fields and the public benefits. The chasm between such fantasies and reality is acute and growing wider. Mega-mergers and monopolies are limiting competition. Fewer than 10 corporations control most of the global media. The existing free market depends heavily on taxpayer subsidies and bailouts. Corporate welfare far exceeds that which goes to the poor.
Economic policy is based on the dictum: take from the needy, and give to the greedy. The captains of industry of today make the robber barons of the 19th century look like underachievers. The gap between CEO and worker salaries has never been sharper. One union leader put it this way, "Workers are getting the absolute crap kicked out of them." Here Chomsky sets the record straight. Using clarity and humor he guides us through the seedy underbelly of corporate boardrooms and their anti-democratic doings.

Product Details

  • ISBN-13: 9781873176795
  • Publisher: AK Press
  • Publication date: 7/1/2001
  • Format: CD
  • Series: AK Press Audio Series
  • Product dimensions: 4.00 (w) x 5.50 (h) x 0.40 (d)

Meet the Author

Noam Chomsky was born in Philadelphia, Pennsylvania, on December 7, 1928. He studied linguistics, mathematics, and philosophy at the University of Pennsylvania. In 1955, he received his Ph. D. from the University of Pennsylvania. Since receiving his Ph. D., Chomsky has taught at Massachusetts Institute of Technology, where he is Institute Professor in the Department of Linguistics and Philosophy. His work is widely credited with having revolutionized the field of modern linguistics. Chomsky is the author of numerous best-selling political works, which have been translated into scores of countries worldwide. His most recent books are the New York Times bestseller Hegemony or Survival, Failed States, Imperial Ambitions, What We Say Goes, INTERVENTIONS, and The Essential Chomsky.

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