Sunday, April 17, 2011

MoDo on Rand/Atlas

From the comments:  Arun finds a great Maureen Dowd column on Ayn Rand and Atlas Shrugged.

I would take exception to one of her paragraphs, though:

She wrote about Nietzschean superheroes who made things. She died before capitalism evolved into a vampire casino where you could bet against investments you sold to your clients, and make money off something you didn’t own or that existed only on paper.

No, Capitalism was always like that - think about the South Seas bubble of Isaac Newton's time. Most of Rand's villains were also capitalists - crony capitalists in bed with the government of the type that populated the Bush administration and did anyone mention Goldman-Sachs?

The stuff that Rand failed to see was always there.