Chomsky: Understanding the Crisis - Markets, the State and HypocrisyQuicklink submitted by M. Wizard Permalink
|The state sector is innovative and dynamic. It's true across the board from electronics to pharmaceuticals to the new biology-based industries. The idea is that the public is supposed to pay the costs and take the risks, and ultimately if there is any profit, you hand it over to private tyrannies, corporations. If you had to encapsulate the economy in one sentence, that would be the main theme.|
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