3 Noam Chomsky Quotes on Profit

Noam Chomsky quotes on profit

49. ...Board of Directors have to make certain kinds of decisions, and those decisions are pretty narrowly constrained. They have to be committed to increasing profit share and market share. That means they're going to be forced to try to limit wages, to limit quality, to use advertising in a way that sells goods even if the product is lousy. Who tells them to do this? Nobody. But if they stopped doing it, they'd be out of business. Similarly, if an editorial writer for the New York Times were to start, say, telling the truth about the Panama invasion -- which is almost inconceivable, because to become an editorial writer you'd already have gone through a filtering process which would weed out the non-conformists -- well, the first thing that would happen is you'd start getting a lot of angry phone calls from investors, owners, and other sectors of power. That would probably suffice. If it didn't, you'd simply see the stock start falling. And if they continued with it systematically, the New York Times would be replaced by some other organ. After all, what is the New York Times? It's just a corporation. If investors and advertisers don't want to support it, and the government doesn't want to give it the special privileges and advantages that make it a 'newspaper of record,' it's out of business.

110. To gain control over this resource, and have probably military bases there, is a tremendous achievement for world control. You read counter-arguments to this, and they're worth looking at. So it's argued that it can't be true, because the costs of reconstruction are gonna be greater than the profits that will be made. Well, maybe that's true, maybe it isn't, but it's totally irrelevant. And the reason is because the costs of reconstruction are gonna be paid by the taxpayer, by you, and the profits are gonna go right into the pockets of the energy corporations. So yeah, it doesn't matter how they balance out, it's just another taxpayer subsidy to the rich.

133. For example, take Suharto's Indonesia, which is a brutal, murderous state. I think Canada was supporting it all the way through, because it was making money out of the situation. And we can go around the world. Canada strongly supported the US invasion of South Vietnam, the whole of Indochina. In fact Canada became the per capita largest war exporter, trying to make as much money as it could from the murder of people in Indochina. In fact, I'd suggest that you look back at the comment by a well known and respected Canadian diplomat, I think his name was John Hughes, some years ago, who defined what he called the Canadian idea, namely 'we uphold our principles but we find a way around them'. Well, that's pretty accurate. And Canada is not unique in this respect, maybe a little more hypocritical.