1970s-banks-banks-banks-state-capitalist-economy-unused-funds-bank-account

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

Noam Chomsky
0/5 (0)

Noam Chomsky's Popular Quotes

A person who issues that charge that someone adheres to the principle "do as I say, not as I do" has three options: produce an example; withdraw the …

- Noam Chomsky

Right now, we happen to be in a general period of regression, not just in education. A lot of what's happening is sort of backlash to the 60s; the 60…

- Noam Chomsky

What's the point of being better than someone else?

- Noam Chomsky

The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that s…

- Noam Chomsky

The general population doesn't know what's happening, and it doesn't even know that it doesn't know.

- Noam Chomsky

He who controls the media controls the minds of the public.

- Noam Chomsky

What is important to us is to reverse the shameful course being pursued by America. It won't be easy, but it must and can be done.

- Noam Chomsky

As long as the general population is passive, apathetic, diverted to consumerism or hatred of the vulnerable, then the powerful can do as they please…

- Noam Chomsky

Nobody is going to pour truth into your brain. It's something you have to find out for yourself.

- Noam Chomsky
0 Comments

Login to join the discussion