Noam Chomsky, the 91 year old “father of modern linguistics”, is also a philosopher, historian, cognitive scientist, activist, and at times also a political activist. He has often held views that were off-beat reflecting his original thinking. He was at one time one of the ten most cited authors in the world, ranking alongside the Bible, Shakespeare, and Karl Marx. So, when he takes a stand, one takes note, whether one agrees or not. In this interview, and this, he blames the corona pandemic on market failures. Specifically, the market’s inability to invest in research and equipment that will not rake in profits even though they could have long term benefits to the community. And there is a lot of truth in what he says. Market failures mean the government and regulators need to step in and step up.
© G Sreekumar 2021
For periodical updates on all my blog posts, subscribe for free at the link below: