5 Things the Right Doesn't Understand About Atlas Shrugged

Categories: Books

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Despite the fact that we lean pretty left, one of our favorite books of all time is Ayn Rand's Atlas Shrugged. We must've read it at least seven times, and we still find new and brilliant things in every single page.

This tends to baffle our various right-wing and libertarian friends who swear that the book is the guiding light to true freedom. We have two answers to that. The first is that we are a firm believer in self-determination, that you should get up off your tuffet and get some work done if you want to leave a mark in the world, which is a major theme of the book. The other is that most people who say they adhere to the book's principles don't really understand it. They forget that...


The True Bad Guys are Corrupt Businessmen

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The downfall of society in Atlas Shrugged doesn't begin with some kind of environmental regulation or arbitrary redistribution tax. It begins at the behest of various business people who are either too inept to make a profit or are just outright thieves. When Hank Rearden develops an amazing new alloy, it's a less-talented steel manufacturer named Orren Boyle who uses bribes and trickery at every turn to attempt to undermine the accomplishment in order to control the market.

Sure, eventually this degenerates into buying legislation in order to ruin Rearden, but in the end the main culprit in that part of the story is simply an unscrupulous and less talented entrepreneur who doesn't believe in a free market, only in one where he is allowed to use any means necessary to destroy the competition no matter how beneficial Rearden's product is for the country.

With a few notable suggestions, this greed and lack of moral principles is the main driving force behind all the book's villains. To a man they desire prestige and a fortune they didn't earn, and are in fact incapable of earning, and almost exclusively they begin their destruction of civilization from the boardrooms of America. It's only when that fails to work do they begin to try and use government forces to their benefit under the guise of providing humanitarian aid.


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80 comments
PhantomMojo
PhantomMojo

Actually you are looter yourself.  In order to escape the taint of looterism you'd have to save and pay for the car up front.  What you're saying here is that you wanted to use the financing company's $10,000 without paying for it.  Maybe it's true that the company shouldn't make such a scum-sucking profit, however you wanted the car, and you wanted it now, and you can't afford it.  Don't blame someone else for your inability to control your own desires.  That's what you actually paid for by the way: Desire-management. 

Jimi Austin
Jimi Austin

For the same reason why liberals bitch about Fox News. The media should not be partisan.

Jimi Austin
Jimi Austin

Your paper really should stay out of politics.

regent040
regent040

I think the Hank Reardon character's take on unions shows a flow in trying to place her ideas in the modern world.  His factory was non-union and he said he didn't need a union because he paid higher wages than any other manufacturer and he did so because he wanted the best employees.  That sounds great, but that's not how modern capitalism works.  In the real world, no matter how good the employees are, a businesses maximize profits by closing the factory and moving it to Vietnam, Myanmar, China or South Africa or wherever else they can pay the lowest wage and have the fewest regulations. If Hank Reardon were running a company today the board would vote him out and make him VP of research and development, then they'd outsource all production overseas, declare profits through a Caribbean based subsidiary to avoid taxes, and reap profits in the billions. 

Bill
Bill

Money is NOT the root of all evil, "the love of money...." IS. When progressives got involved in trying to manage businesses dealings with each other we incurred the wrath of segregation and tyranny. Wilson RE segregated the military and his cohorts began the covert dealings with the soviet and facsists in Europe and Asia. Government contracts and promises provided the beginnings of what we have today, entitlements and grants programs that enslave the recipient workers of the companies benefitted by such entitlements. The book proves out the purest of the free market strengths, that small businesses are the inovators and the ownership of ingenuity should stay with the inventor, so they can work out the bugs (see- APPLE, IBM, FAB, NIKE, INTEL, McDONALD'S). Once the bugs are worked out then the ownership can be expanded and markets grown to benefit more and more people. More workers have jobs, from 1st job opportunities to expanded team leadership roles with large salaries commensurate with experience. Liberals should like the book, it displays the opportunities they can prosper and benefit by and the ways in which they can restrict ingenuity and desires that don't match their own abilities and directives.

kelly.mcclymer
kelly.mcclymer

Interesting...but actually, APPLE, IBM, FAB, NIKE, INTEL...etc. are not the inventors. The inventors are individuals, not corporations. So the corporations, in not giving the individual recognition and ownership of his or her inventions...are the bad guys :-)

David Pawson
David Pawson like.author.displayName like.author.displayName 2 Like

From a right-winger (me): Excellent article and right on the money. It is greed --the desire for unearned profit -- that is the true destroyer, whether that be from a high-profile businessman or a lay-about drawing welfare checks. Any dollar, any cent! taken from me that has not been taken in exchange for goods or services represents greed.

dana1974
dana1974 like.author.displayName like.author.displayName 2 Like

You're assuming that people getting welfare checks are all layabouts.  I see you're a guy.  That explains a lot.  Men, and women without children, and women who've never *raised* their own children (preferring to hire someone else to do it so they can chase a career where kids are not allowed at work), love to believe that stay-at-home moms are not workers.  Then they turn around and pay salaries to maids and cooks and child-care workers and teachers who do the same things a SAHM does.  Cognitive disconnect much?

 

For those who *are* lazy, and I'm sure there are a few, it's not about whether they've worked for the money, it's about what kind of society we want.  Do we want a society where anyone can be left to die in the street because we have decided they haven't done enough to deserve to live?  I don't want that.  I don't know why anyone would.Most of us would become extremely bored if we had the opportunity to sit around all day and draw a welfare check.  Which is probably the reason why the very wealthy, who sit around drawing a dividend or interest check, prefer to spend the time vacationing in the Bahamas instead, or taking up charitable causes.  If someone is genuinely lazy and drawing welfare, there is probably something mentally wrong with them.  Which, again, what's the alternative?  Letting them starve.  I'm not OK with that, and keeping those people alive costs considerably less than funding corporate welfare or the military-industrial complex.

 

I don't get why Americans insist on envying the poor.  You know you wouldn't want to live that way, and you waste your tax money on dumber things--so quit complaining, and just live your life.  You'd be a lot happier. 

adesrosier
adesrosier like.author.displayName 1 Like

 @dana1974 Other than the statement "I see you're a guy.  That explains a lot." I agree with what you say. There is nothing at all to envy about being poor. There is nothing at all to having creativity stifled. There is nothing to envy about not feeling good about yourself for not earning an honest paycheck. 

Mike18706
Mike18706 like.author.displayName 1 Like

 @dana1974 Also, I think the "lay-about" comment also doesn't figure in that not everybody receiving government assistance wants to be there.  There are some people who are stuck in situations that make it impossible for them to get out.  I think few people can appreciate what crushing poverty really feels like.  Not everybody has parents who help them get a start in life.  Where would most of us be if our parents didn't get us our first car or help put us through college?When I first started out in life, I had a one room apartment over a garage.  My rent was $400.  My car loan was $300.  My car insurance was $200.  My electric was $100 to $150.  Food was about another $200.  Telephone was another $50.  Plus I had to have gas for my car, so that was about $100.  I took home about $1500 a month from working 40 hours a week, sometimes more.  Occasionally I would get like $100 for selling subscriptions to premium channels (I was customer service).  So after everything, I had less than $100 left over at the end of the month.  My apartment had no furniture and I had no family that was willing to help me out.  All I had was an air mattress and a folding table with lawn chairs.  Talk about demoralizing.  Every day I would wake up with a sore back (at 20 years old) and go to work and have nothing to show for it.  I had no break from it, either.  My vacation time included laying on my air mattress and maybe ordering a pizza during the week.  I cannot express to you how much I hated my life at that point.  Had just ONE major thing happened to my car, I would have lost my job and ended up one of those "welfare lay-abouts".  There are lots of people out there like me, too.  I'm a bit more comfortable now but I'm still only about two paychecks away from financial ruin.  So honestly, before judging somebody, you need to look at their situation and what brought them to subsistence living in the first place, because that's all welfare is anyway.

Kevin Roelofs
Kevin Roelofs

We should be proud of production, but our ideas are not ours! Many people can have the same idea, which clearly shows our ideas are not exclusive to us as individuals. So why do we feel we need to profit from them? The profit is ensuring that all people have the basics provided, when all the basic needs are provided for, mankind tends to chill out. Money is merely a symbol for the exchange of energy. Oddly people opposed to Socialism participate in Socialism everyday, our current system is a Social system based on the premise of individuality. People opposed to it complain that they shouldnt have to pay for someone else, yet they do, in the form of taxes, profits, fees, etc etc. Everytime we buy a product from the store are we not "paying" for someone?

Ubermensch
Ubermensch

An exchange of currency for a good or service is not "paying for someone". Both side in a voluntary exchange believe they are getting a higher value that what is being exchanged. If the person with money was buying shoes and thought the price too high, they wouldn't buy the shoes. If the buyer offered a price below what the seller thought the shoes worth, with cost of overhead factored in, the shoes wouldn't get sold. No one is "paying for someone" in this exchange, that only happens when one side does not receive an expected increase within the exchange. We don't voluntarily pay taxes, it is forced, because if you don't pay taxes you go to jail (i.e. force).

dana1974
dana1974

You are also forced to breathe if you don't want to die.  Life is not about being an island unto yourself and you only do things if you want to do them.  Sometimes force is involved and that's just the way it is.  You were forced to exist.  You didn't choose that.  You are forced to stay on Earth.  You don't control gravity.  And you want a civilization, so that means you pay taxes.  There hasn't been a nation yet that didn't levy them.  Good luck ever creating one.  It'd last maybe a year, and that's if you're lucky.

Margaret Birnie Higgins
Margaret Birnie Higgins

Great article. I too have read "Atlas Shrugged" at least ten times. The Right just does not get it. You left out one of the best scenes when the slimy Floyd Ferris comes to Reardon to blackmail  him into signing over his new metal. He says to Reardon what good is a nation of law abiding citizens? I don't have access to my copy but the point is government wants to have something on everyone. Everyone is guilty of something. Reardon gives up his metal for the woman he loves. The world got "miracle metal" to make small items not rails or building materials or anything productive. I was glad to see someone on the left write something good about the book. Rand believed strongly in self determination, Never taking anything that was not earned or deserved and that is the moral lesson one should take from the book. It is basically a utopian novel. She is right though about a lot of things. Her heroes are true heroes and her villains are true villains, I was glad you mentioned poor Eddie Willers his end broke my heart.

Asis
Asis

That's rather twisted. It may well be the Orren Boyles of the world that are sleazebag capitalists, but ultimately it was the corrupt government that passed laws to cripple Hank Rearden. It's called crony capitalism, kind of like the current administration: crippling the coal industry while squandering our money on bogus "Green energy" companies run by donor buddies.

dana1974
dana1974 like.author.displayName 1 Like

You want to know what will really cripple the coal industry?  Running out of coal.  I don't understand people who refuse to plan for the future, who squander resources for a quick buck, then refuse to help those in need with the excuse that those people didn't plan for the future and squandered their resources.  You don't stand for anything noble--you just want your quick buck now and you don't care who you have to hurt to get it.

jgnixdorf
jgnixdorf

 @dana1974 Finite resources run out. I don't get why they have such a hard time understanding these simple concepts. Sunlight is always there. Coal will end, soon.

Smileycakes
Smileycakes

So many comments about cost efficiency here, so I thought I might share this little tidbit for the sharks.

Suppose you own a bike.  Presumably, you ride that bike to places other than your home.  So you buy a lock for that bike to prevent people from stealing it.  The cheapest piece of shit bike chain at Wal-Mart costs 5 dollars.  Estimated rate of bicycle theft in the Houston area is about 0.05%.  Unless you spent more than 10,000 dollars on your bike, you have spent an amount to protect your bike that exceeds the actual risk.  So my question to those here who seem to worship efficiency:  Do you own a bike, and have you bought a lock for that bike?  If so, you really have no concept of efficiency.  If you don't own the lock, where do you park your bike?  I could use a new bike, the chain keeps coming off of mine.

Smileycakes
Smileycakes

My meandering and rambling point being that we all love efficiency.  But only so long as it isn't our own ass that's taking the hit.

JoseArturoOrnelas
JoseArturoOrnelas

Eddie Willers was a good character, reminds me of Dyson in T2.  He was a victim of circumstance and didn't have the farsightedness to get the HELL OUT OF THERE.

Jef With One F
Jef With One F

Good comparison. Eddie was actually my favorite character, and I thought his ending was bullshit.

Brian Yoder
Brian Yoder

Actually, I thought that the way Rand treated him was brilliant from a plot point of view.  He represented the best of the common man.  Not a genius, but a good solid, fully moral ordinary person.  He was a very sympathetic character and you just had to like the guy. So what would be the fate of such a good person in a world where the villains win?  He couldn't escape to some kind of special utopia, he couldn't overcome the whole system of the villains himself, so his fate is uncertain and determined by the leaders and strategy of those who oppose the villains of the story.  So Rand didn't kill him off, she left it as a literary question mark.  Perhaps he went off and died in the chaos of a dying civilization, maybe he hooked up with a little settlement somewhere, who knows?  But we care about him and should be concerned with the horrible fates that may await the real life people like that if we don't win against the villains in the real world.  Reality doesn't somehow protect good people from disaster and likewise, Ayn Rand didn't stack the deck for him in her imaginary world either.

Warren
Warren

The right and especially the Libertarians get this. these days the left are in favor of an ever expanding government. The large and more powerful the government the more corrupt businessmen. This is abundantly clear from Atlas

dana1974
dana1974

How about you speak for yourself and we'll speak for ourselves.  We want a government that actually does something for the people it purports to represent--all the people, not just the rich ones.  If you aren't going to give me anything except not killing or imprisoning me then why should I pay you anything or pledge allegiance to you?  Make it worth my while or else you are a waste of my time.

 

Maybe you've gotten too accustomed to government only caring about one group of people, so you think that's the way it always has to be and, if the government is looking out for the little guy, that necessarily means the big guy is left out in the cold.  Well, sorry, but that's not how it has to be.  We don't have to do things the way they've always been done.  If that were the case we never would have moved away from monarchy at all.Think outside the box.  Consider a different way of being.  It wouldn't kill you. 

Lara
Lara

Not a bad article, but it's kind of creepy how you keep saying "We".

Jef With One F
Jef With One F

First person plural. That's how most of the articles on HP are written.

Bigvaf
Bigvaf

5 things this article didn't understand:

1. Objectivism2. The characters of Atlas Shrugged3. The Plot of Atlas Shrugged4. The point of Atlas Shrugged5. The corresponding lessons for our world

Jpdekervor
Jpdekervor

Wow so a regulator would have saved the train. That's what you take from it? The problem is that the people who own the train know best. But the government coerced owners. A regulator to regulate the government or just the owner. Which would have been more efficient? You have got to be kidding or never had worked in the real world.

dana1974
dana1974 like.author.displayName like.author.displayName like.author.displayName 3 Like

We have seen this play out historically, over and over again, that business owners do what gets them the quick buck and don't bother thinking about the good of the larger community.

 

Triangle Shirtwaist Factory Fire.  All I'm sayin'.

Efeeny
Efeeny

Madmac...nobody held a gun to their head to make them work there....they choose to stay.   So why do we need government to make those rules...the labor market would demand it.

Efeeny
Efeeny

Jef...and you base this belief in a strong central government on what?...How many extraordinary things can you say a strong central government has accomplished at the best price and most efficient manner?

dana1974
dana1974 like.author.displayName like.author.displayName 2 Like

We are talking about government, not business.  They have completely different aims.  If you want to run something like a business, start a business.  Government is supposed to represent all those it governs, not just the ones with the most money or the most efficient business practices.And at some point you have to choose between efficiency and fairness.  It's pretty tough to have both at once, and you can't always choose efficiency.  Even if you look at Nature, you see a lot of redundancy and "extras" there that make no sense from a mechanistic or business standpoint.  But you'd be in a hell of a mess if you were born with only one lung and one kidney.

H_e_x
H_e_x

She could have really used an editor.

Stating_the_Obvious1
Stating_the_Obvious1

But this still doesn't explain what Jimmy Barrett is doing in this film?!?!?!

Jonathan Powers
Jonathan Powers

That's great Jef! Keep re-reading it because there are obviously still "new and brilliant things" that you've missed so far.

Jef With One F
Jef With One F

Maybe... as Galt himself says we'll have to let reality be the judge, won't we?

MadMac
MadMac

As a novel, AS, creates a controlled environment to extract an argument the right has cooped into a thesis. Amazing and, absolutely no wonder these geniuses totally reject scientific findings. Unless those findings support their economic agenda.

Oh, Baubin, the reason the labor laws were drafted WAS  to "protect rights of workers..." that goes back to the early assembly lines where workers were worked for six or eight or more hours without so much as a restroom break. As for your full quote--  "It would be a government that did not choose sides in economics, and only regulated economics in order to protect rights of workers and businessmen." --I don't believe a government can serve both without regulating both, equally. As long as business can buy access but not face corporate sanction, labor will always be at a disadvantage.   

advancedatheist
advancedatheist

Rand did have one practical idea: Society's most productive people don't have to put up with progressive-abusive governments. She didn't phrase it this way, but she showed that society's alpha producers can "fire" governments which treat them badly and shop around to "hire" governments which offer to treat them better. 

For example, Tiger Woods fired California's state government, with its unreasonable tax demands, and hired Florida's state government, which doesn't demand a state income tax, simply by moving there. And nobody in California's government could stop him. 

Similarly, many of China's new millionaires reportedly want to fire China's government and hire governments in other countries which offer them better deals, by seeking citizenship in those countries and moving their fortunes beyond the reach of China's progressives.

I doubt that Tiger and China's millionaires got the idea from reading Atlas Shrugged, but rather figured this out on their own.

dana1974
dana1974 like.author.displayName 1 Like

Tennessee has no income tax.  I lived there.  The sales tax was over nine percent last I knew, and that is devastating to low-income people, as they are paying a higher percentage of their assets in tax.  There's sales tax on food as well though I believe it's lower, which doesn't help either.  And with two of Tennessee's three major cities on the state line and one of them close enough for a quick trip on the weekends?  Retail has been hemorrhaging in TN for years.  But it's a major source of state government income.  I don't even want to know how bad the property taxes are.  And what has TN got to show for it?  A lot of poverty, and none of its cities are particularly nice places to live.Florida can get away with no income tax because they've got tourism.  If they didn't have that, they'd become a banana republic overnight.California's got a high cost of living but it's also mostly desert, and it is considered a highly desirable place to live (why, I have no idea), which pushes the prices of everything up.  Income tax is the least of their problems. 

Anse
Anse

Rightwingers who love Rand fail to grasp the paradoxical absurdity of people who wish to lead government while simultaneously despising it; they think government can't do anything right, and if you put them in office, they'd be happy to prove it. Some say Rand's point is that government should simply get out of the way, but the government can't do that, and it won't do it without an iron-willed dictatorship at its helm. As long as we have a democratic republic, our government will always be an expression of our citizens' will. It is now, of course, though the Tea Party screamers can't conceive of that fact.

An unregulated free market is not a formula for exorcising corruption from society. Before the New Deal, we had what was as close to an unregulated market as you can imagine, and our economy was a ceaseless boom-and-bust cycle, with at least as many years of recession or depression as prosperity. When your country is mostly rural, as ours was then, it's not as big a deal; people who make everything they use and wear and grow everything they eat aren't going to feel the pinch of a tanking market. As my grandmother used to say, the Depression didn't mean anything to her because they were farmers and were poor already. But we don't live that way anymore, and market bubbles and speculation wreak havoc on lives in ways that they didn't in our agrarian past.

Which is why, politically-speaking, we will never find the Randian/libertarian dream as tolerable as we like to believe. The government plays a vital role in the economy, starting with the fundamental necessity of rule of law. Only government can provide that.

Brian Yoder
Brian Yoder

Rand (and her followers, more or less by definition) don't "despise government".  They are not anarchists.  They just think that governments shouldn't do immoral things to people.  Is that so much to ask?  If it is wrong for me to take a gun over to my neighbor's place and demand that he give me half his salary in return for my not locking him in my basement or shooting him if he resists then why is it morally acceptable for a million people to do the same thing to him via tax laws, police, and jails?  This isn't REALLY about being for or against government per se, it's about what a moral government should and shouldn't do.

IloveReason
IloveReason

Anse, You should read a few of Ayn Rand's non-fiction works (especially 'Capitalism: The Unknown Ideal') before making hyperbolic statements about what Rand followers believe and don't believe.  I've been an Objectivist for over 20 years and have studied her fiction and non-fiction works extensively.  - And I can say that not one Objectivist I know thinks "government can't do anything right'.  There is one thing government can do (and mostly does) right and that's the protection of individual rights.  Our government is supposed to be a government of LAWS not a government of people.  What you seem to be advocating is a government that simply ebbs and flows on the whims of the voters (two wolves and a sheep voting on what's for dinner) - one that is constantly making new laws and changing laws (more regulation and bigger government beyond what is needed simply to protect the rights of individuals) .  It's the size and the far reaching powers of government they we rightwingers object to - not the concept of our 'government' that was originally conceived in the minds of a couple dozen people 250 years ago.  Read Rand's essay called 'The Pull Peddlers' and learn about the idea that business free of regulation would have no reason to 'buy legislators' that their would be no reason to buy off members of congress which ultimately means the helping of one business (usually the large one who can afford it) while hurting others (usually the small ones who can't afford to implement the new rules and regulations).   In a truly capitalist society, you wouldn't have to worry about market bubbles and speculation (in fact you don't have to worry about it now) - just put all your money in a sock and put it under your mattress - there's no law (yet) saying you HAVE to invest in anything.

Heinz
Heinz

>>Before the New Deal, we had what was as close to an unregulated market..."

Before the New Deal we had Hoover and he, despite what were are told. intruded very heavily into the Market. When we had the Great Depression of 1920, the government did nothing and we bounced back even stronger within a year. Before the Federal Reserve the US Economy had  amazing growth. Everything was made worse BECAUSE of government.

Anse
Anse

I disagree, but even if we accept that as true, it only works to emphasize the unrealistic utopianism that Rand's followers have come to embrace as their ideal. Any system that can make Wall Street honest can do the same for government. There is no magic in the unregulated free market that will rid us of the layabouts and make the rest of us ethical people.

Brian Yoder
Brian Yoder

That's not really Rand's position on "the goodness of people".  She would say that they are neither "basically good" or "basically bad" she would say that they basically choose to be good or bad.  Rather than worrying about whether one or the other is easier or harder, more or less common, the question we should focus on is what the difference between good and bad are so that we can recognize it in others and in ourselves, and recognize it for what it is rather than remaining ignorant about it or taking the intellectually lazy position that we should make assumptions about it one way or the other.

Brian Yoder
Brian Yoder

Rand didn't say that there should be no police and courts to deal with cases of things like fraud, assault, theft, etc.  On the contrary, she argued that those are their ONLY proper functions and that since the government is so preoccupied with trying to determine what kind of toilets we are supposed to use and what kinds of doorknobs would be best for us all they are ignoring the basics like criminal prosecutions, military protection, and settling civil suits.  You keep on asserting that Rand was an anarchist and it seems that no argument to the contrary makes any impact on you.  Have you ever read any of her writings at all?

Brian
Brian

Perhaps you should actually read some Ayn Rand before you embarrass yourself with these assertions.  She didn't at all agree with any of the positions that you attribute to her.

Margaret Birnie Higgins
Margaret Birnie Higgins

Glad to see absolute power corrupts absolutely The Founding Fathers sought to make a government that did not do that. Hence local, state, federal government and at the federal level President, Congress, Supreme Court. Read Isabel Patterson on the "fatal amendments" to the constitution. Sorry to say the "Founding Fathers" would be horrified at what has happened to the government in this country

IloveReason
IloveReason

If you're defrauded by someone in a laissez-faire capitalist society, you take them to court, win and receive compensation and they go to jail.  Capitalism isn't a free-for-all.  Like I said earlier, you REALLY need to read some of her non-fiction.  Why does almost every anti-capitalist think capitalism is a system without laws??  

Jpdekervor
Jpdekervor

Governments don't waste money. They use it for their own benefit. They only do what is best for them and their family. Just like everyone else. But this means they want to grow their power and prestige and therefore the government.

Wade
Wade

Anse,  You really need to dig out your history books because most of what you just posted is pretty flawed.

1. The basis of our monetary system is debt.  Not a single dollar goes into circulation without debt attached, and it is controlled and manipulated by global bankers.  Bragging on the US dollar is like bragging about being the tallest midget in the room.2. Your correct the ratings agencies system is flawed and the very companies being rated are paying for those ratings... so ghee I wonder why the ratings agencies give good ratings to companies who are utilizing risky debt and leverage schemes that are promoted by our govt and bankers???  Without honest outside entities providing "consumer reports" like inputs on these companies you need to consider the source of the information.  So I will concede your point to a degree on the ratings agencies.  Do your homework.3. Centralized  or consolidated power regardless of corporation or government is a formula for disaster.  Absolute power corrupts absolutely.  Remove the money, stimulus, and the ability to grant favors and pick winners from government and then lets see these companies actually try to function in a free market.   What you mistake as a free market is nothing of the sort.  Today it is filled with manipulation, fraud, and deceit because of the rigged way in which the tail wags the dog.  The government has too much access to tax payer dollars and the ability to grant favors, these companies have one place they have to lobby to get access to those favors, subsidies, special treatment, and maybe even granted monopoly status in the market place because the government picked the winners. 4. Regardless of the entity, religion, government, corporations, large entities that are given the power and authority over any aspect of peoples lives they will use force to make you do what they think is right.  The sooner people wake up and realize that the way to keep this in check is to address the obvious sources for this power and distortion in the society, or the marketplace.  5. One only has to look at the crusades, or Joe Stalin, or Mao to see that concentrated power is deadly, and right now all we hear is this left and right paradigm.  Sorry, but if your buying that nonsense of left or right you already lost the battle and never even understood the fight.

It appears to me that you have a lot more to learn about basic free market, free society, and how a limited government works.  Your not screwed in a limited government.  Your empowered.  The governments focus is on your rights, your civil liberties, and yes there is a court system which provides those checks and balances.  

One only has to look at the creation of the corporation and what it's limited charter was for and how it was suppose to work.  It was never created to be a "person", and it had a limited life span.  Through fraud, manipulation, and corruption at both the corporate and government level we now have the global mega corps and mega banks that rule the world and have the ability to live on forever.  You only think your in charge of your government...  He who has the money makes the rules.  And they are not pro-YOU on any level.

Anse
Anse

1. Our currency is just fine. Investors are flocking to the safety of the U.S. dollar and gold is dropping.2. The ratings agencies own a lot of the blame for the credit crisis. They represent a profound conflict of interest; they get paid by the same people they rate. Which is why Moody's found itself downgrading half of their AAA ratings at the start of the recession.3. Governments are merely a reflection of the people they govern. There is no logical reason for the government to waste money. As for the "cause of 200 million deaths"...people kill people. Not government guns.

Heinz
Heinz

"People are basically good"....you aren't an objectivist, you're a hippie.Reply: I'm not an Objectivist. Rand still believed in the State, I do not.>>I don't want an economic system that says if I get screwed, it's my fault.

Reply: A truly free market system will have ratings agencies, private arbitration and dispute resolution organizations. Your problem is that you feel you need a government mafia to take care of all this. Governments conscript us, waste our money, devalue our currency and are the cause of more than 200 million deaths in the past century...and I think I'm being conservative with that number. In a truly free market economy we are equals, under government we are tax slaves.

Anse
Anse

"People are basically good"....you aren't an objectivist, you're a hippie.

I don't want an economic system that says if I get screwed, it's my fault. That's what Rand's worshippers essentially believe. If I get defrauded by somebody, it's my fault for doing business with them, and don't worry, the "free market" will get that guy in end and everything will be righteous and just. It's ridiculous.

Heinz
Heinz

>>Any system that can make Wall Street honest can do the same for government. 

Reply: Not really. You see, philosophically, at its core, government is violence. It produces nothing and can only accomplish anything thru force.

>>There is no magic in the unregulated free market that will rid us of the layabouts and make the rest of us ethical people.

Reply: People are basically good and most do act ethically. Violent institutions do not make people ethical. There would actually be less poverty and more wealth in an unregulated free market. The main reason things like health care are so expensive now is precisely because of the government. 

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