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by yrimaxi
1968 days ago
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Chomsky has explained that the counter-culture of the 60’s was viewed as the “crisis of democracy” by the Trilateral Commission. An excess of democracy: special interests like women, the elderly, environmentalists, ethnic minorities, and so on were trying to enter the public arena. In short: the general population. (What is a non-special interest? Business interests.) It is completely illogical to immediately conclude that people who are complaining and pointing out that things are not right are necessarily themselves the cause of all that strife. Maybe they were responding to antecedent causes? |
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Ironically, business interests are the original special interests that Adam Smith warned about: “The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens. The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.” (Wealth of Nations, Book I, Chapter 9)