THE VIDEO SHELF · free markets and state intervention
Noam Chomsky: "Free Markets?"
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 HN readers recommended 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.
This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.
Video & recommendation details
- Creator / channel
- Santarchy
- Topic
- free markets and state intervention
- Format
- talk
- Level
- general
- HN recommenders in dataset
- 2
- HN mentions in dataset
- 20
- Recommendation years in dataset
- 2014–2020
These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.
From the original HN conversations
Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.
This has been the case with several industries (manufacture, service to name a couple) ever since the capital was globalized beginning from late 80's. The difference is that the collusion is a part of some trade agreement (GATT etc.,) where labor movement between nations is …
vishnugupta on Hacker News · 2014-03
In Facebook Refused No-Poaching Agreement With GoogleI don't believe in the ideologies of the time, call me a doubting thomas that the human race is actually intelligent. I know too much about how human beings and corporations actually function to believe in free market mythology. See here for if you want …
monster99 on Hacker News · 2019-08
In Amazon wants to control third-party sellers’ product pricing
Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.