Noam Chomsky Quote on Debt as a Social Construct

„Debt is a social and ideological construct, not a simple economic fact.“

Noam ChomskyNoam Chomsky emphasizes that debt is a social and ideological construct, not merely an economic fact.
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Noam Chomsky is an American linguist, philosopher, and political activist, renowned for his work in linguistic theory and critical social analysis.

This statement by Noam Chomsky questions the traditional view of debt, emphasizing its social and ideological dimension.


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Noam Chomsky quote about debt as a social and ideological construct

Born in 1928, Noam Chomsky is a prominent linguist, cognitive scientist, philosopher, and political activist. He is widely regarded as the father of modern linguistics and revolutionized the field with his theory of generative grammar. Additionally, Chomsky is known for his critical analyses of politics and mass media.

Quote about money creation and debt by G. Edward GriffinCopyright © yoice.net – Quote Artwork
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"In truth, money is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish." G. Edward Griffin
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Quote about banks and money creation by G Edward GriffinCopyright © yoice.net – Quote Artwork
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"When banks place credits into your account, they are merely pretending to lend you money. In reality, they have nothing to lend. Even the money that non-indebted depositors have placed with them was originally created out of nothing in response to someone else's loan. So what entitles the banks to collect rent on nothing? It is immaterial that men everywhere are forced by law to accept these nothing certificates in exchange for real goods and services. We are talking here not about what is legal, but what is moral." G. Edward Griffin
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Quote by Alexander Wagandt about ideology holding the system together and mental prisonsCopyright © yoice.net – Quote Artwork
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"Ideology is what is still holding the whole system together and when that is no longer there.... When people really wake up and realize that they are being held in a mental prison by mental dwarfs, that power dwindles exponentially fast and that is where we are headed. Everything is based on mental, moronic, anti-nature and anti-people concepts. A positive development, however, is that it is becoming more and more transparent." Alexander Wagandt
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Quote by Rose Wilder Lane about the nature of State, Government, and freedomCopyright © yoice.net – Quote Artwork
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"The picture of the economic revolution as the final step to freedom was false as soon as I asked myself that question. For, in actual fact, The State, The Government, cannot exist. They are abstract concepts, useful enough in their place, as the theory of minus numbers is useful in mathematics. In actual living experience, however, it is impossible to subtract anything from nothing; when a purse is empty, it is empty, it cannot contain a minus ten dollars. On this same plane of actuality, no State, no Government, exists. What does in fact exist is a man, or a few men, in power over many men." Rose Wilder Lane
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