It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Mcupobob
Do you understand the free market at all? In a true free market to big to fail wouldn't exist and the banks that have been running and ruining this nation would have collapsed.
Rand also wrote, "The first thing that impresses me about the case is the ferocious rage of a whole society against one man. No matter what the man did, there is always something loathsome in the 'virtuous' indignation and mass-hatred of the 'majority.'... It is repulsive to see all these beings with worse sins and crimes in their own lives, virtuously condemning a criminal..."
Originally posted by aaronez
Ayn Rand seems somewhat quaint in this post-industrial world of cloud distribution, singularity and quantum computing. Rand polemicized the individual and her/his power but her vision was flawed (like Marx's). Both totally misunderstood human nature and how human's compete for and maintain positions of power.
Originally posted by madhatr137
reply to post by Mcupobob
I am familiar with Free Market theory, as well as a much broader spectrum of economic and political theories ranging from classical to contemporary; all proposed to be utopian in their purity, all failing due to dogmatism.
If you think that the economy and society of the Gilded Age or the Roaring 20s is he ultimate manifestation of freedom, great. A lot of us, that you would incorrectly imply are "Communists", don't agree. A lot of us see that the pursuit of the Free Market inherently leads to Corporatism and neo-Feudalism.