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Noam Chomsky: "Free Markets?"

Santarchy · talk · Watch on YouTube

Microeconomics & behavioral economicsFree speech, censorship & civil libertiesMacroeconomics & financial crises

What it is

A 1997 Noam Chomsky talk at Northeastern University about the gap between free-market rhetoric and practice. He argues that business relies heavily on state intervention, and he discusses trade, NAFTA and labour versus capital mobility.

Why Hacker News recommends it

Linked repeatedly in threads on monopolies, protectionism, and subsidies, usually as a source for the argument that free markets are an ideology more than a reality.

  • 2 people recommended it
  • 2 different months
  • 0 strong recommendations
  • first 2014, last 2020

What HN commenters said

  1. “I highly recommend watching this talk by Noam Chomsky titled”

    Chomsky on free markets and labor versus capital mobility

    vishnugupta, 2014-03 · Recommendation · in “Facebook Refused No-Poaching Agreement With Google”

  2. “See here for if you want more acedemic take”

    More academic take on free market myths

    monster99, 2019-08 · Recommendation · in “Amazon wants to control third-party sellers’ product pricing”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: noam chomsky, free markets, capitalism, nafta, political economy

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