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Ayn Rand and capitalism

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  • eduard at home
    True unfettered capitalism and I suppose, individualism ... showed themselves to be morally bankrupt well into the 1930s. It s unfortunate that some look back
    Message 1 of 3 , Aug 1, 2005
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      True unfettered capitalism and I suppose, individualism ... showed themselves to be morally bankrupt well into the 1930s. It's unfortunate that some look back to this as an more worthy era. Especially Ayn Randers who depend upon a book, instead of reality to tell them what's what.

      eduard


      [Non-text portions of this message have been removed]
    • Exist List Moderator
      ... But some of us believe failures are as important as success. That the morally bankrupt was not true capitalism because it violated the basic rule: an
      Message 2 of 3 , Aug 1, 2005
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        On Aug 01, 2005, at 10:49, eduard at home wrote:

        > True unfettered capitalism and I suppose, individualism ... showed
        > themselves to be morally bankrupt well into the 1930s. It's
        > unfortunate that some look back to this as an more worthy era.
        > Especially Ayn Randers who depend upon a book, instead of reality to
        > tell them what's what.

        But some of us believe failures are as important as success. That the
        "morally bankrupt" was not true capitalism because it violated the
        basic rule: an honest and open market. Unfortunately, the markets are
        still far from open, so people cannot make the best decisions.

        Also, some decisions will always be emotional, not logical. This is one
        of the problems with purely theoretical economics. Game theory is a
        good place to start that examination. Nothing like tulips to teach us
        history.

        I do believe we can and should have as open a market as possible. We
        also need enough rules to encourage this, sadly. Gene Burns,
        libertarian commentator, has said that the key is the careful balancing
        that everyone views differently. Neither the socialist nor the
        libertarian is "pure" in practice. We merely prefer different levels of
        government intrusion.

        Personally, I think people can and will do more for each other if they
        cannot use the excuse, "The government will take care of it." This is
        why private charities and funds are important to me. I'd much rather
        support the World Wildlife Foundation buying lands and administering
        them than letting the government use the Bureau of Land Mismanagement
        to sell mineral and water rights without regard to their value or
        environmental impact.

        I trust private organizations and individuals more than government.
        People mean well, but government takes these intentions and produces
        unintended consequences.

        We were in a small California beach community where one man has sued 50
        businesses for ADA violations. The ADA was meant to help the disabled
        by providing minimum access to public places. Instead, this man went
        out of his way to look for things like sinks being too low for his
        wheelchair. His lawyer was traveling with him up the coastline, looking
        for victims.

        A judge ruled that the intention of the man didn't matter, the law is
        the law. That's true, and I agree with the judge. The judge also said
        the law was poorly written and the results were absurd.

        Four of the oldest restaurants in this little community had to close.
        Another laid off every employee. Two more are trying to rebuild.

        This is why I do not appreciate "help" from government. If I have a
        problem, most stores offer to help. They want my money. They will do
        their best to earn it. They didn't need a law mandating that every
        aisle be 36-inches wide.

        Yep, give me a market that corrects problems, not a government forcing
        solutions. Popular opinion is more effective than legislation that
        merely breeds contempt.

        - C. S. Wyatt
        I am what I am at this moment, not what I was and certainly not all
        that I shall be.
        http://www.tameri.com - Tameri Guide for Writers
        http://www.tameri.com/csw/exist - The Existential Primer
      • eduard at home
        Although one could argue that the government can go overboard, it is a necessary part of society. Primarily because, without laws and enforcement unfettered
        Message 3 of 3 , Aug 1, 2005
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          Although one could argue that the government can go overboard, it is a necessary part of society. Primarily because, without laws and enforcement unfettered capitalism will do as it pleases. Which is also what unfettered communism does.

          eduard
          ----- Original Message -----
          From: Exist List Moderator
          To: existlist@yahoogroups.com
          Sent: Monday, August 01, 2005 6:22 PM
          Subject: Re: [existlist] Ayn Rand and capitalism


          On Aug 01, 2005, at 10:49, eduard at home wrote:

          > True unfettered capitalism and I suppose, individualism ... showed
          > themselves to be morally bankrupt well into the 1930s. It's
          > unfortunate that some look back to this as an more worthy era.
          > Especially Ayn Randers who depend upon a book, instead of reality to
          > tell them what's what.

          But some of us believe failures are as important as success. That the
          "morally bankrupt" was not true capitalism because it violated the
          basic rule: an honest and open market. Unfortunately, the markets are
          still far from open, so people cannot make the best decisions.

          Also, some decisions will always be emotional, not logical. This is one
          of the problems with purely theoretical economics. Game theory is a
          good place to start that examination. Nothing like tulips to teach us
          history.

          I do believe we can and should have as open a market as possible. We
          also need enough rules to encourage this, sadly. Gene Burns,
          libertarian commentator, has said that the key is the careful balancing
          that everyone views differently. Neither the socialist nor the
          libertarian is "pure" in practice. We merely prefer different levels of
          government intrusion.

          Personally, I think people can and will do more for each other if they
          cannot use the excuse, "The government will take care of it." This is
          why private charities and funds are important to me. I'd much rather
          support the World Wildlife Foundation buying lands and administering
          them than letting the government use the Bureau of Land Mismanagement
          to sell mineral and water rights without regard to their value or
          environmental impact.

          I trust private organizations and individuals more than government.
          People mean well, but government takes these intentions and produces
          unintended consequences.

          We were in a small California beach community where one man has sued 50
          businesses for ADA violations. The ADA was meant to help the disabled
          by providing minimum access to public places. Instead, this man went
          out of his way to look for things like sinks being too low for his
          wheelchair. His lawyer was traveling with him up the coastline, looking
          for victims.

          A judge ruled that the intention of the man didn't matter, the law is
          the law. That's true, and I agree with the judge. The judge also said
          the law was poorly written and the results were absurd.

          Four of the oldest restaurants in this little community had to close.
          Another laid off every employee. Two more are trying to rebuild.

          This is why I do not appreciate "help" from government. If I have a
          problem, most stores offer to help. They want my money. They will do
          their best to earn it. They didn't need a law mandating that every
          aisle be 36-inches wide.

          Yep, give me a market that corrects problems, not a government forcing
          solutions. Popular opinion is more effective than legislation that
          merely breeds contempt.

          - C. S. Wyatt
          I am what I am at this moment, not what I was and certainly not all
          that I shall be.
          http://www.tameri.com - Tameri Guide for Writers
          http://www.tameri.com/csw/exist - The Existential Primer



          Please support the Existential Primer... dedicated to explaining nothing!

          Home Page: http://www.tameri.com/csw/exist



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