lecture 9.1 markets are terrible Flashcards
wh do citizens who cherish freedom as an ideal vote to constraint their own freedom by increasing the power of corporations?
its because free market ideology masks the ways in which corporations deploy undemocratic modes of coercion
political undeu influence
politicians portray government as an obstachle to freedom
politicians adopt managerial language (impoverished and diminishes the politician)
social undue influence
preference for efficient,skill-based education
meritocracy
political freedom noam chomsky
explains how the concentration of wealth (base, economic power) and the concentration of power (superstructure, political power) mutually reinforce each other and thus make up a vicious circle
The private interests of the elite take priority over the public interest
The elite tries to thwart the power of labor unions. job insecurity leads to the precariat