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  • 2 Noam Chomsky On Thatcher and ReaganVIDEO STUDENT

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    Emily Marin
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    1. According to Noam Chomsky, people had fewer services and higher costs with Reagan and Thatcher compared to before. Children faced harsh market discipline and the rich did not have to follow the same laws of the market. 2. State spending decreased under Thatcher and was used to subsidize private industries. Three disasters appeared with her policies: mass unemployment, declining industries, and the socialization of costs alongside the privatization of profits. 3. Inequality in the US declined briefly in the post-WWII period but then sharply increased from the 1970s onward under Reagan and continued rising. By the time Chomsky spoke, inequality levels were very high.

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    2 Noam Chomsky on Thatcher and ReaganVIDEO STUDENT

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    1. According to Noam Chomsky, people had fewer services and higher costs with Reagan and Thatcher compared to before. Children faced harsh market discipline and the rich did not have to follow the same laws of the market. 2. State spending decreased under Thatcher and was used to subsidize private industries. Three disasters appeared with her policies: mass unemployment, declining industries, and the socialization of costs alongside the privatization of profits. 3. Inequality in the US declined briefly in the post-WWII period but then sharply increased from the 1970s onward under Reagan and continued rising. By the time Chomsky spoke, inequality levels were very high.

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    6 views1 page

    2 Noam Chomsky On Thatcher and ReaganVIDEO STUDENT

    Uploaded by

    Emily Marin
    1. According to Noam Chomsky, people had fewer services and higher costs with Reagan and Thatcher compared to before. Children faced harsh market discipline and the rich did not have to follow the same laws of the market. 2. State spending decreased under Thatcher and was used to subsidize private industries. Three disasters appeared with her policies: mass unemployment, declining industries, and the socialization of costs alongside the privatization of profits. 3. Inequality in the US declined briefly in the post-WWII period but then sharply increased from the 1970s onward under Reagan and continued rising. By the time Chomsky spoke, inequality levels were very high.

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    © All Rights Reserved
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    Noam Chomsky on Thatcher and Reagan, by Chomsky’s philosophy

    https://www.youtube.com/watch?v=fZN8i96T3ic
    Questions:
    1. According to Noam Chomsky, did people have more services with Reagan and
    Thatcher than before?
    2. Were children obliged to face market discipline?
    3. What about rich people? Did they have to follow the laws of market?
    4. Did the State spend more money on people after Mrs. Thatcher took office?
    5. According to Noam Chomsky, what three disasters appeared with Mrs. Thatcher’s
    policies?
    6. What were the State expenditures being used for?
    7. Did Noam Chomsky think that the United States were fighting against inequality?
    8. When did inequality decline in the United States?
    9. What levels were they in at the time he was speaking?

    VOCABULARY
    NOUNS NOMBRES VERBS VERBOS
    Childhood Infancia To be over Haber acabado, Acabar
    Cost Coste To decline Disminuir, Declinar
    Dependency Dependencia To face Afrontar, Encarar
    Disease Enfermedad To overcome Superar
    Expenditure Gasto To shift Cambiar
    GNP Producto Interior Bruto To subsidize Subvencionar
    Hunger Hambre ADJECTIVES ADJETIVOS
    Increase Incremento Aerospace Aeroespacial
    Liberalization Liberalización Sharp Agudo, Áspero, Afilado
    Management Gestión, Administración Striking Sorprendente
    Poverty Pobreza Substantial Considerable, Sustancial
    Privatization Privatización Wealthy Rico, Adinerado
    Profit Beneficio OTHER WORDS OTRAS PALABRAS
    Risk Riesgo Along with Junto con
    Socialization Socialización And so on Etcéctera, Y demás
    And so on and so Etcéctera, Y demás
    forth
    At least Al menos
    By far Con mucho
    In fact, En efecto,

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