The philosopher’s new book, “Requiem for the American Dream: The Ten Principles of Concentration of Wealth and Power,” is a primer in his analysis of the faults of the American political and economic system.
Legendary linguist Noam Chomsky has a warning for Donald Trump’s supporters; the Trump bump in the market is waning. “Anti-establishment is kind of a joke,” Chomsky concluded. “Take a look at Trump and take a look at who’s appointed for the cabinet.” Treasury Secretary Steve Mnuchin, for example, “comes from Goldman Sachs, a major investment firm where he was for almost 20 years,” Chomsky observed.
Noam Chomsky has warned the Donald Trump-fuelled rally in capital markets is coming to a close and another financial crash is on the horizon. The economist, historian and linguist said the President’s “anti-estabishment” status was a “joke” given his establishment appointees and anti-regulation policies, which have encouraged the stock market. “What’s anti-establishment?” he asked, as reported by AlterNet.