Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

Jim C.
Member since May 2012
463 commentaries - 3 followers

3 followers

has posted a comment on the article :

Thomas Frank: Pity the Billionaires, Marxism for the Master Class

- Jesse - Le Cafe Américain

I had to read this article twice to determine what the writer is excoriating. Apparently he agrees with the quote by Gore Vidal calling Ayn Rand's philosophy immoral and with Frank's condemnation of billionaires like Tom Perkins, and, it seems, billionaires in general.

Rand was certainly in favor of wealth accumulation and the elimination of any impediment thrown up by government to limit one's capacity to do so. She considered such accumulation as morally proper in as much as those transactions were conducted on a voluntary basis. But she also condemned those wealth accumulators who used or even fostered government's help (threat of force) in eliminating their competition -- actions Rand would call immoral. This dichotomy is clearly made in her novel ATLAS SHRUGGED.

The fatal flaw at the heart of the Republican Party is the Religious Right who cannot bring themselves to accept wealth accumulation as a moral right. They bend over backwards to avoid that point: their arguments in favor of real Capitalism based on utility (results), not morality. The Left, however, has no such qualms and seizes the high ground by calling such actions immoral, greedy, destruction to the common man. Hence a strong government is needed to control such individuals...and we know where that leads.

The benefactors to society and civilization are those who work hard, create wealth, and interact with their fellows on a voluntary basis and who view any government -- other than one that protects individual rights as enumerated in the Bill of Rights -- as destructive.

I don't know anything about Tom Perkins, but would judge him by the criteria Rand created.

Commented 3867 days ago

Send

Beginning of the headline :“Ayn Rand's 'philosophy' is nearly perfect in its immorality, which makes the size of her audience all the more ominous and symptomatic as we enter a curious new phase in our society....to justify and extol human greed and egotism.” Gore Vidal In light of the recent outcries by billionaire Tom Perkins for fair and loving treatment, I thought it might be interesting to explore the mindset that pictures the doyens of Wall Street, and those who have taken fortunes out of the dot.com and housing... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis