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NC

Noam Chomsky

12/07/18

@ MIT Video Productions

The current economic recovery is unusual because it has left most of the population behind, with real wages significantly lower than they were decades ago.

Video

MV

Noam Chomsky - Foundations of World Order: the UN, World Bank, IMF & Decl. Human Rights 1999

@ MIT Video Productions

Noam Chomsky - Foundations of World Order: the UN, World Bank, IMF & Decl. Human Rights 1999

12/07/18

Related Takeaways

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

The fairy tale economy benefits the wealthy while the majority of the population experiences stagnation or decline in their economic status.

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

The current form of globalization has resulted in economic failure for the majority, with a decline in the share of economic product going to working people.

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

The dismantling of the Bretton Woods System since the 1970s has led to economic slowdown and increased inequality, contrasting sharply with the previous Golden Age of Post-War Capitalism.

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

The concept of worker insecurity is used to explain the health of the economy, but it does not correlate with the well-being of the majority of people.

MA

Marc Andreessen

01/26/25

@ Lex Fridman

The United States has continued to grow economically despite various challenges, while many other countries like Canada, the UK, and Germany have stopped growing or are even declining.

AK

Alexander Karp

03/12/25

@ The 92nd Street Y, New York

The U.S. economy is diverging from Europe, with American companies experiencing significantly higher growth rates compared to their European counterparts.

JB

Juan Benet

07/01/17

@ Y Combinator

The current economic system is rigidly centered around traditional job structures, which limits people's ability to allocate their work to what they find most valuable.

DP

Daniel Priestley

05/27/25

@ Chris Williamson

People who are skilled laborers are finding it increasingly difficult to succeed in a changing economy that values digital skills over traditional roles.

DP

Daniel Priestley

05/27/25

@ Chris Williamson

The industrial revolution system is in decline while the digital revolution is on the rise, leading to a disparity in economic opportunities.