Execrpts from Noam Chomsky Interviewed by Amy Goodmam -April 14, 2009

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Venu K.M


http://www.zcommunications.org/znet/viewArticle/21162

AMY GOODMAN: And how do the Republicans differ from the Democrats in this? What do you make of—do you see it as just a minor footnote that Republicans, or some of the governors like Palin, like Jindal—

NOAM CHOMSKY: There's a difference.

AMY GOODMAN: —are saying they're not going to take stimulus money?

NOAM CHOMSKY: There's a difference. I mean, we basically are a kind of a one-party state. I think C. Wright Mills must have pointed this out fifty years ago. It's a business party, but it has factions—Democrats and Republicans—and they're different. They have somewhat different constituencies and different policies. And if you look over the years, the population has—the majority of the population has tended to make out better under Democrats than Republicans; the very wealthy have tended to make out better under Republicans than Democrats. So they're business parties, but they're somewhat different, and the differences can have an effect. However, fundamentally, they're pretty much along the same lines.

So take, say, the current financial crisis. Actually, it began under Carter. The late Carter administration is the one that began—was pushing for financialization of the economy, you know, huge growth of speculative financial capital, deregulation, and so on. Reagan carried it much further, and Clinton continued it. And then, with Bush, it kind of went off the rails.

So there are differences, but differences within a pretty narrow spectrum. And anyone who's a little off the spectrum, like Nobel laureates in economics who are a couple of millimeters off the spectrum, they're basically on the outside. You can interview them, but they don't show up at the economic summit.