Here’s a quick summary of every Ayn Rand novel and the Objectivist philosophy she championed. Now you can skip John Galt’s forty-page, angry tenth grader spew of Tea Party garbage in Atlas Shrugged, and just get to the part where the rich people watch everyone die.
– Michael Moats
The 1% are the government connected. If you think the laissez faire Rand was preaching has given us our current situation, then you are ignoring the fact the government controls 80% of the economy, and distorts 100% of it. Food, money, energy, education, medicine, banking, investment, retirement, marriage; everything is controlled by the government. Monopoly and mass poverty is created by government intervention, not prevented by it. Wake up. The rich people who are going to watch everyone die live in D.C.
She certainly had foresight about how easily people will join into unthinking herds around terrible ideas…
I’ll get back to your question on the terrors of economic fairness once I finish reading these articles:
In New York, Having a Job, or 2, Doesn’t Mean Having a Home
“The income share of the top 1 percent of earners in 2012 returned to the same level as before both the Great Recession and the Great Depression: just above 20 percent, jumping to about 22.5 percent in 2012 from 19.7 percent in 2011.”
Household Incomes Remain Flat Despite Improving Economy
“Before income inequality took off, the poverty rate fell more rapidly with G.D.P. growth. But while the economy grew by 2.8 percent in 2012 and corporate profits went up as a share of national income, the earnings of full-time workers, median household income and the poverty rate barely changed.”
I think Ayn Rand had great foresight , remember the minister of economic fairness? How long do you think it will be before they try to make cabinet position for one of those?.