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As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized.

Noam Chomsky
Past, Risk, Cost
Noam Chomsky (2007). “Failed States: The Abuse of Power and the Assault on Democracy”, p.126, Macmillan
As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized.