I've probably watched it 20 times and there is nothing inappropriate about it.

This is Chomsky giving his ideas about the meaning of socialism, anarchism, libertarianism, freedom, etc. He explains in this video that this bears no relation to what is commonly called "Libertarian" in the United States, including Ron Paul and such. In fact, in Chomsky's view this is quite the opposite of that other so-called US Libertarianism, which really sells a kind of ultra capitalism. In this session Professor Chomsky presents a vision of a better form of social organization that he thinks could be possible some day.

This is a great Q & A and will be of interest for anybody interested this stuff.