Noam Chomsky is an institute professor emeritus at MIT and political activistcritic. Although shunned by the main-stream media, Chomsky has continued to be a echoing voice of reason for the past 50 years.

Noam recently appeared on The Real News Network for a 4 part interview on the economy and democracy. During the 3rd part, Chomsky broke down the root of the problem with the US heath care system. Here is the video of the excerpt, as well as the transcript.

Chomsky: But there’s a big elephant in the closet, and that’s the health-care system. If current tendencies continue, health care is going to overwhelm the federal budget. There’s another big elephant in the military budget. That’s just, you know, a huge, crushing component of the economy. Now, here’s a kind of case where you have to both support current measures and sharply critique them. So Obama’s health reform proposals are being criticized because they’re going to add to the deficit. But if they’re done properly, it would reduce the deficit, as long as—. There’s good reason why the US health-care system is [audio cuts out here] costly in the industrial world—I mean, it’s twice the per capita costs of other countries, has some of the worst outcomes: it’s the only privatized system, and privatization introduces a massive, a huge amount of bureaucracy, administrative costs, you know, surveillance, and so on and so forth, which is very expensive.It’s probably hundreds of billions of dollars a year. For decades, the public has wanted a national health-care system, something like what’s now called Medicare-Plus. Now, here’s a case where democracy just doesn’t function. What the large majority wants has been just off the agenda. I mean, now, you know, it’s beginning to sort of appear around the fringes. But if there was a move towards what the public wants, that ought to reduce health-care costs substantially. But it’s considered kind of politically impossible. You can’t really tamper with the privatized system. Or just take the cost of drugs. I mean, the cost of drugs is probably two or three times as high here as in comparable countries. It’s because of the power of the pharmaceutical corporations.

Watch the full 4 part interview

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