Earlier quoted context omitted.
Is the alternative 100% top-down central-managed solution to ensure no externalization happens ever? In theory that's appealing (especial from the view from Chomsky's academic ivory tower), but then in practice every time it's been tried it hasn't worked well at all. Chomsky is smart, but not very useful because "In theory there's no difference between theory and practice, but in practice there is" - Yogi Berra
No, that's not the alternative. The alternative is a system that isn't profit driven, where all the companies are worker cooperatives. In that system, there are no stock holders demanding ever greater returns, those doing the work are always completely in control. They can choose to do "just enough" to live a good life. Or they can choose to focus on the more fulfilling aspects of their work, and not on the profit. I…
Enforced by a central top-down bureaucratic organization.
In this hypothetical world would you let foreign companies motivated by profit compete in your country that only has worker co-ops? Or would you have a closed down market, similar to North Korea that only Approved Co-ops would be allowed to work in?