Why don’t we see this kind of analysis on Wall Street Week or The News Hour with Jim Lehrer? Oh…yeah…that’s right. Never mind.

Most refreshing in this interview is the discussion of ‘externalities’, that pesky little aspect to ‘free market economics’ that most people not only don’t factor into the equation, but aren’t even aware of. I don’t know how many devotees who extol the virtues of ‘the market society’ whom I’ve run into who don’t even have a clue on how externalities affect every aspect of our society and what the true costs are to how our economy is run (and most importantly, who is really profiting from it).

The real deficit we are experiencing is not so much an economic deficit but rather a democratic deficit.

Watch the interview with Noam Chomsky from The Real News Network