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Relevance of ‘Atlas Shrugged’


Pound to Salinger
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I’ve finished reading “Atlas Shrugged” again, mostly inspired by the references in the Bioshock game. I’m no objectivist, but I found again a lot likable in Atlas Shrugged. I was astonished about how the book is relevant even today. There are many good quotes in it, like this gem:

Did you really think that we want those laws to be observed?” said Dr. Ferris. “We *want* them broken. You’d better get it straight that it’s not a bunch of boy scouts you’re up against– then you’ll know that this is not the age for beautiful gestures. We’re after power and we mean it. You fellows were pikers, but we know the real trick, and you’d better get wise to it. There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What’s there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted – and you create a nation of law-breakers – and then you cash in on guilt. Now that’s the system, Mr. Rearden, that’s the game, and once you understand it, you’ll be much easier to deal with.

With all the rescue packages for banks and automobile companies, the present reads a lot like the dystopian US in Atlas Shrugged. A Wall Street Journal article ‘Atlas Shrugged’: From Fiction to Fact in 52 Years’ writes:

We already have been served up the $700 billion “Emergency Economic Stabilization Act” and the “Auto Industry Financing and Restructuring Act.” Now that Barack Obama is in town, he will soon sign into law with great urgency the “American Recovery and Reinvestment Plan.” [...] The current economic strategy is right out of “Atlas Shrugged”: The more incompetent you are in business, the more handouts the politicians will bestow on you. That’s the justification for the $2 trillion of subsidies doled out already to keep afloat distressed insurance companies, banks, Wall Street investment houses, and auto companies — while standing next in line for their share of the booty are real-estate developers, the steel industry, chemical companies, airlines, ethanol producers, construction firms and even catfish farmers. With each successive bailout to “calm the markets,” another trillion of national wealth is subsequently lost. Yet, as “Atlas” grimly foretold, we now treat the incompetent who wreck their companies as victims, while those resourceful business owners who manage to make a profit are portrayed as recipients of illegitimate “windfalls.”

Ayn Rand got a lot of bad press for her books in the last decades – that it’s only materialism that count. But all things considered, I don’t think the book is about materialism, but about doing things. There are people who do things, and people who don’t. It’s about taking responsibility. About entrepreneurship. Perhaps this view I hold is from my role as a programmer, as someone who produces something which people use for something all the time (though sometimes things no one really needs ;-) It’s Zen – don’t scream, I have the feeling Zen and Atlas Shrugged are the same thing – perhaps on opposing sides.

The WSJ article continues:

But as recently as 1991, a survey by the Library of Congress and the Book of the Month Club found that readers rated “Atlas” as the second-most influential book in their lives, behind only the Bible

I really wonder why then, people don’t do more. Why they don’t act. But it fits with the WSJ article. The author

Mr. Moore is senior economics writer for The Wall Street Journal editorial page.

and

Some years ago when I worked at the libertarian Cato Institute, [...]

Funny. He loves Atlas Shrugged. But what has he done? What did he invent? What did he produce at Cato? As a writer for the WSJ? He is the archetypal anti-hero of Rand. Someone who doesn’t produce something himself, but lives from the work of others. The wrong people like Atlas Shrugged!

If you haven’t read the book, go read the book. Then have your own opinion.

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About the author: Stephan Schmidt is head of development at brands4friends. He has more than 15 years of internet technology experience and 10 years experience in agile. He was head of development, consultant and CTO and is a speaker, author and blog writer. He specializes in organizing and optimizing software development helping companies by increasing productivity with lean software development and agile methodologies. Want to know more? All views are only his own.
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Comments

stevejust

That WSJ blog post made me LOL when I read it earlier this week. Unfortunately, I didn’t see way of calling the Cato Institute Author on his jack-ass-ity. Who in the Bush administration did anything other than permit the financial industry to do whatever it wanted? Who in the Bush administration forced the auto industry to make more fuel efficient cars, which had they, they might have done better this past year when gas hit $4.00 a gallon. Speaking of which, who in the Bush administration did anything to stop the out-of-control rise in the price of gasoline? John Galt’s been in charge for the last 8 years, and what we’re seeing now is a direct result of John Galt being in charge.
>
Everyone in the Bush administration — probably without exception — believes in Ayn Rand’s apologistic screeds for the free market. Almost by definition the neo-con outlook and the Bush administration is in lock step. And the failure of the last 8 years is the failure of the unbridled free market that made Ayn Rand wet. (Ironic she died of lung cancer as a result of smoking cigarettes, no?) And it’s that precise philosophy that fuckered up everything in the first place. And if you can’t see that, you are a dumbass. If we would have had some regulation of the banks and auto industry, we might be better off right now. But NO, WE CAN’T HAVE REGULATIONS BECAUSE AYN RAND SAID SO.
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Me, I’ll take the regulations. I just read my 401(k) statement on the heels of watching some of my stocks go down 50% since October of 2008. And remember that economic stimulus check that went out? I didn’t get one because I make way too much money. That’s as socialist as it gets, and it was the direct result of Bush’s free market vision for the world.

Hey, Atlas Shrugged is the book I’m reading right now. I have read quite a lot of Ayn Rand’s nonfiction and I find it totally brilliant. I finished The Fountainhead not very long ago and I’d recommend it to programmers especially, since it has an intellectual hero (an Architect) and great descriptions of the way honest work ought to be done.

It’s a bit eerie to be reading Atlas right now and simultaneously watch pretty much the same story unfold on TV.

I like how the story debunks the claim that there’s a dichotomy between material and spiritual values and presents an alternative view, that material wealth is created as both a product and a tool of the pursuit of happiness in this world.

“But all things considered, I don’t think the book is about materialism, but about doing things. There are people who do things, and people who don’t. It’s about taking responsibility. About entrepreneurship.”

Well said.

stephan

“Everyone in the Bush administration — probably without exception — believes in Ayn Rand’s apologistic screeds for the free market”

Well, no they don’t. They tell you. But with the military, energy budgets and farming subsidies, the US is one of the countries where the government distributes a lot of money. No free market – they subsidy a lot of things. They just want to look free-market.

Bush and his cronies look like the looters in Atlas Shrugged. Being in government and distributing jobs and money between friends. Haliburton anyone? They have strangled science for years, just like the government in Atlas Shrugged.

“And it’s that precise philosophy that fuckered up everything in the first place. And if you can’t see that, you are a dumbass.”

No, what f* up everything in the first place, was giving money (mortgages) to people who couldn’t afford them. Making money on clever financial instruments – taking it out of some hat out of nowhere. Going into massive trillions of debt to distribute the money to friends in the industry and make them rich. That’s what f* up everything.

You cannot magically creating wealth – you only can create money by printing it. Then the bubble burst because the wealth people thought they had wasn’t there. Paper money.

But as I’ve said, I’m no objectivist.

Terry Smith

AS’s mistake was in saying that if you let capitalists do as they like, they’ll build you a great economy.

This is not true – SOME of them belong on Galt’s Gulch, but a lot steal and lot suck govt. money.

No one in AS got rich flipping real estate or any kind of magic money options/derivatives crap. They all made things people wanted and sold it to them. (Except Midas Mulligan who FUNDED the other guys. He was damned important.)

Rand wanted PRODUCTION and there’s no production by the Wall Street quants. It’s masturbation with mathematics.

When Rand was right she was right, but she was wrong about no regulation.

Capitalists need watching.

stephan

@Terry: “[...] but she was wrong about no regulation.”

Taking from Atlas Shrugged, the philosophy is not about anti-regulation I think. It’s not against regulating the railroads because of security measures. Or regulating steel concerning the security of the material.

Concerning other topics: And compulsory social security? Is it regulations or an insurance? I think Ayn is not against insurance.

It’s more against regulations which manipulate the market towards people who have government friends.

stevejust:

Sorry, but you must have blinders on. The US code is over 16 thousand pages long, and 13 thousand of those pages are the tax code (read: economic regulation). And that’s just at the Federal level. The SEC, whose job is to make sure securities trading is “transparent and fair” employs over 4000 people working full time, yet enabled the largest securities fraud in history. FNMA and FMAC are quasi-governmental entities and they are the largest buyers of mortgages and mortgage-backed debt in the US, all according to rules dreamed up in some committee in Washington. And of course, it’s all denominated (like all transactions) in government-issued legal-tender fiat paper, the price of which is controlled by a few fat guys at the Federal Reserve.

As for George W. Bush being a free market guy, I can’t help “LOLing”, as you say. Here’s what Dubya himself has to say about that: “I’ve abandoned free-market principles to save the free-market system.” Good riddance, Mr. Bush. Don’t let the door hit your ass on the way out.

Yaron Brook of the Ayn Rand institute comments on Bush’s “free-market” record:

“Did Bush abolish the countless regulations and controls strangling businessmen? No. But he did sign into law Sarbanes-Oxley–the largest expansion of business regulation in decades. Did Bush consistently push for free trade? No. But he did give us a new steel tariff. Did Bush attempt to roll back America’s massive welfare state? No. But he did pass the prescription drug benefit, the largest new entitlement program since Lyndon Johnson’s Great Society. Did Bush curtail government spending? Far from it. Bush presided over an unprecedented increase in the federal budget: from $1 trillion at the time he took office to more than $3 trillion today. This is to say nothing of Bush’s response to the financial crisis. He has completely evaded his administration’s responsibility for the Fed and housing policies that created the housing bubble. Instead, he has led the chorus blaming the market and calling for unprecedented handouts, bailouts, and nationalizations as the cure.

“If Bush is a friend of the free market, who needs enemies? By praising the free market while systematically undermining it, Bush has done more to discredit capitalism than any open critic could. Like a con artist who undercuts the reputation of Mercedes by selling lemon look-alikes, Bush has now led people to associate his failed policies with capitalism. That association needs to be erased. We must make it clear: Bush is no friend of free markets.”

veronica

I have read Atlas Shrugged many times and not recently. What does bother me about the book is that there are no “life” complicating any of these characters lives. Everyone is healthy and mid 20’s to maybe mid 50’s at the most. No one has to deal with children, sickness, illness of loved ones, their own physical limitations, etc. dying parents and suffering as part of the human condition.
In other words, they are not tested by many things that we all have to deal with, the caring for others that makes and forms the lives that we live.

That is a similar truth structure that i find among the “neocon” religion.
there are no limits or controls set on insurance firms that won’t pay premiums for illness, out of work people who lose their insurance and then lose everything when a loved one becomes ill. The “neocon” system is also fair as long as it is played out by wealthy or credit card infused lives and healthy people who dont have to deal with the mess of life. I have actually seen the transformation this very year of people who did not believe in big government cry foul of what they are losing and have lost. The pain of watching 2 parents who worked all their life only to see their savings and a second mortgage cost them everything because their paid for premium health insurance would not cover medical costs until it was too late. Are now wondering about their former neocon world views.

And i at one point in 2000 worked for a mortgage broker, it was brief – 8 months- but something was not right. the junior brokers hired were shady characters and it seems that i had too many principals for them to train me, well i know now what was happening but then it did not make much sense.
The middle and lower middle class, everyone, dream of having a home and have been told all thier lives, in media and by the economists and bankers, that a home is the best investment that you can buy. Most of these people felt that these experts would tell them that they can not get a house. They trusted the experts, who pushed 401k’s and pension funds and as well as houses. It was snake oil and wrong – i left the mortgage company in 2001, something was amiss. but more was amiss then i could know at the time.

The truth is the john galts would love to sell well made products to people who want to buy them. If this country were really a republic, with basic laws and ruled by the law of decency, then why would lenders want to convince someone to buy when they can not afford to? if people were paid fairly for the work they were able to do, then the peopel who are productive would generate a great life and build a great life.

I have 2 startups on my second, the first was ruined by some wall street types so i know first hand what they are like.

when we are all strong and able to pick up the pieces-it is easy. but try to be strong and walk out on your boss when you have found out that your wife has cancer and you cant leave because yu have to keep your insurance-now they have you.

Or a poor person in a community where the schools have no books

These are the basic things that human beings need to thrive, not just survive. roads, railways, schools, medical care
when these are provided for people thrive and can excel.

That is unfathomable to the government we have had the last eight years. neocon rule is the lucky ruling the talented. It is in the lucky’s best and only interest to hold onto that interest. and that means using government and LACK of proper restraints to make sure that they STAY ontop, because they lack the talent to create and produce. They claim to remove government, but they did not, iwth slight of hand THEY moved government over-site out of the way. It was the greatest government intervention of all.

and the problem with the credit situation was that people were no longer applying for credit, but going back to basics and that was a threat to the neocon bottom line.

that was starving the rule of the lucky and now we are seeing behind the curtain. the farce of the bailout. the reward for shoddy work, and the backup for the useless and corporate welfare.

They are truly different.

Rand did not go far enough in her analogy. She stopped at the point of what is the glue that keeps all the gadgets humming and the mind growing. somewhere in the middle is the truth, republic like our founders envisioned, the right of a person as individual, and the community of society that supports the best and the brightest,

where anyone and everyone is John Galt

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