Noam Chomsky on the Economy "Plutonomy and the Precariat: On the History of the U.S. Economy in Decline"

Noam Chomsky on the Economy
"Plutonomy and the Precariat: On the History of the U.S. Economy in Decline" -- After the first few years of the Great Depression there was a sense that "we're gonna get out of it." It's quite different now. For many people in the United States, there's a pervasive sense of hopelessness, sometimes despair. I think it's quite new in American history. And it has an objective basis.
http://www.truthdig.com/report/item/plutonomy_and_the_precariat_the_history_of_the_us_economy_in_decline_201205/