"
First of all, we have to be careful in the use of terms. When someone says America is in for a long period of decline, we have to decide what we mean by “America.” If we mean the geographical area of the United States, I’m sure that’s right. The policies now being discussed will have only a cosmetic effect. There has been decline and there will be further decline. The country is acquiring many of the characteristics of a Third World society.
But if we’re talking about US-based corporations, then it’s probably not right. In fact, the indications are to the contrary — their share in manufacturing production, for example, has been stable or is probably even increasing, while the share of the US itself has declined. That’s an automatic consequence of sending productive labor elsewhere.
"
- Noam Chomsky (via noam-chomsky)
(via noam-chomsky)