Thursday, May 19, 2011
"Ayn Rand's world is one without community, a place where rugged individuals achieve success all on their own. Rand is therefore blind to the societal infrastructure that makes the accumulation of wealth possible and makes a polity stable enough for an economy to function. I would suggest that the logical outcome of Rand's philosophy is a fractured world, where the wealthy pay paramilitary forces to protect them in their gated communities. It is a world not of some ideal, free market competition, but one in which the absence of regulations leads to monopolization, the further concentration of wealth, and the breakdown of consumer protections. And in that sort of world, the production of wealth becomes more difficult, even for the wealthy. As trite as the phrase has become, it does take a village. Individual success and triumph often requires individual initiative and perseverance, but it also depends upon so much else and so many other people to create and maintain the foundations of a stable society."