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Five Reasons Ayn Rand Is Bad for Business
CNBC ^ | 8-20-12 | Geoffrey James, INC

Posted on 08/24/2012 7:24:47 PM PDT by dynachrome

1. Rand focuses employees on money.

Rand practically worshipped the almighty dollar, seeing the acquisition of wealth as a goal worthy in and of itself.

Unfortunately, when that attitude spreads throughout an organization, a higher salary becomes the only motivation that really works. That means top workers will, of course, leave the moment they get a better offer elsewhere.

(Excerpt) Read more at cnbc.com ...


TOPICS: Books/Literature; Business/Economy; Chit/Chat; Education
KEYWORDS: atlasshrugged; aynrand; business
A load of codswollop from cnbc
1 posted on 08/24/2012 7:24:57 PM PDT by dynachrome
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To: Publius

ping. So much wrong here, hard to know where to start.


2 posted on 08/24/2012 7:26:36 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: dynachrome

Remember, these folks believe in “climate change” too.

That says it all.


3 posted on 08/24/2012 7:28:36 PM PDT by Da Coyote
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To: dynachrome
That means top workers will, of course, leave the moment they get a better offer elsewhere.

Absolutely nothing wrong with that either. Talent moves, influences other organizations to become better, then moves on again and the cycle repeats itself.

I for one willingly whore myself out to the Company that pays me the highest dollar. It's in MY and MY FAMILY's best interest, and those are the only two interests I serve.

Company "loyalty" hasn't been rewarded for a long, long, time. I learned that lesson the hard way when I literally gave my life for a Company that I loved, only to be released after nearly 10 years of service because I had a severe back injury which required surgery and 4 months to recover from.

Learned my lesson after that. Highest bidder for my services wins.

4 posted on 08/24/2012 7:29:50 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: ADemocratNoMore; Aggie Mama; alarm rider; alexander_busek; AlligatorEyes; AmericanGirlRising; ...

Oh dear!


5 posted on 08/24/2012 7:29:59 PM PDT by Publius (Leadership starts with getting off the couch.)
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To: usconservative

Offer me $10 dollars more an hour, but I have to move to Deeeeetroit, I say FU.


6 posted on 08/24/2012 7:33:52 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: usconservative

>>Company “loyalty” hasn’t been rewarded for a long, long, time.

Exactly. Employers try to convince you that your loyalty is important to them, right up until they decide they don’t need you anymore or they can find your labor cheaper. It only makes sense to return that level of loyalty to them. As long as they offer the most bucks, I’ll give them the best work I can.


7 posted on 08/24/2012 7:35:16 PM PDT by Bryanw92 (Sic semper tyrannis)
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Comment #8 Removed by Moderator

To: usconservative
Talent moves, influences other organizations to become better, then moves on again and the cycle repeats itself.

Exactly - what is wrong with a company realizing that they can't rely on employees sacrificing their futures for the "greater good"?
9 posted on 08/24/2012 7:41:11 PM PDT by andyk (Go Juan Pablo!)
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To: dynachrome
That means top workers will, of course, leave the moment they get a better offer elsewhere.

Cause after all, why should you have to pay top dollar just to get top talent? (And they think conservatives are the robber barons!) [facepalm]

10 posted on 08/24/2012 7:42:35 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: dynachrome

Wow, is the author brain damaged, totally ignorant of economics, or being an obastard whoreshipper?

I’d bet on all three...


11 posted on 08/24/2012 8:04:31 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: dynachrome

I think someone pointing out why it is good, if the business wants the person they will be willing to pay for them.

If they want a cheap employee, then they can get a cheap employee.


12 posted on 08/24/2012 8:05:11 PM PDT by dila813
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To: dila813

Sure, I am just saying that salary is not everything.


13 posted on 08/24/2012 8:08:08 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: dynachrome
For Rand, there is no higher good than pursuing one's own happiness. The problem with that philosophy is that it encourages workers to view their personal success as being far more important than the group's success...

Is that you, Jim Taggart? This is some of the funniest stuff I've read in ages, and thanks for posting it. Good heavens, workers considering themselves individuals and working for money? How dare they?

The author is either the most clueless individual on teh Interwebz at the moment or the most excellent parodist. Yes, Rand is bad for business because she encourages individual achievement and an insistence that reward be commensurate with it. Lord knows you can't run a business on the basis of individual achievement and reward. That would be (shudder) capitalism.

14 posted on 08/24/2012 8:11:37 PM PDT by Billthedrill
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To: dynachrome

“One major misconception is that Rand worshipped the rich and saw moneymaking as life’s highest goal. In fact, most wealthy characters in her novels are pathetic, repulsive, or both: businessmen fattened on shady deals or government perks, society people who fill their empty lives with luxury. (There are also sympathetic poor and working-class characters.) . . . .To Rand, being ‘selfish’ meant being true to oneself, neither sacrificing one’s own desires nor trampling on others. Likewise, Rand’s stance against altruism was not an assault on compassion so much as a critique of doctrines that subordinate the individual to a collective—state, church, community, or family.”
—Cathy Young, “What Liberals Don’t Understand About Ayn Rand”


15 posted on 08/24/2012 8:18:57 PM PDT by denydenydeny (Admiration of absolute government is proportionate to the contempt one has for others.-Tocqueville)
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To: Billthedrill

+1 times infinity.


16 posted on 08/24/2012 8:28:21 PM PDT by mnehring
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To: dynachrome
From the article:"The problem with that philosophy is that it encourages workers to view their personal success as being far more important than the group's success..."

While we all know that the proper perspective is that one should sacrifice all for the good of the collective group. This concept is so key to economic success that the government should play the role of umpire to decide who sacrifices and who benefits.

I wonder if the writer realizes just how ridiculous he appears to those who recognize and revile those whom Rand identified as the "moochers" and the "takers".

17 posted on 08/24/2012 8:28:49 PM PDT by William Tell
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To: William Tell; dynachrome; Billthedrill
It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master. - Ayn Rand
18 posted on 08/24/2012 8:31:21 PM PDT by mnehring
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To: Bryanw92
Exactly. Employers try to convince you that your loyalty is important to them, right up until they decide they don’t need you anymore or they can find your labor cheaper. It only makes sense to return that level of loyalty to them. As long as they offer the most bucks, I’ll give them the best work I can.

I'm an employer and loyalty is *EXTREMELY* important to me. In fact, I consider it to be a big revenue generator.

19 posted on 08/24/2012 8:38:20 PM PDT by The Duke
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To: dynachrome
From the linked article: "Please note that I am not making a judgment on the philosophical validity of Objectivism or Ayn Rand's work in general. I'm only pointing out that if you promote her writing inside your own company, you're shooting yourself in the foot."

I expect that this author's next article will be an enumeration of all those companies that embraced Rand's teachings and have ended up in bankruptcy court. Is it possible that Solyndra was such a company? How about General Motors? Or the United States Postal Service?

Why, the bankruptcy courts must be crowded with the many companies that insisted on giving value-for-value to their customers and who refused to even consider government bailouts or other interference.

20 posted on 08/24/2012 8:38:20 PM PDT by William Tell
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To: dynachrome

Sure, I am just saying that salary is not everything.”

I have been working for at least 55 years and IMO it sure beats everything else on the list. I believe the saying goes something like, “Money may not buy happiness, but it allows you to be unhappy in some very wonderful places.”


21 posted on 08/24/2012 8:43:40 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: dynachrome

This guy has never read Rand.
Two words: Galt’s engine.
QED.


22 posted on 08/24/2012 8:58:52 PM PDT by magellan
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To: The Duke
"loyalty...important"

I agree if you are a small-business owner. I would say that the larger the business, especially corporations, loyalty is not a prerogative. I worked for a fortune 500 corp, and was booted out after 19 years. I was loyal, but my talents were deemed not needed. That's life. But my loyalty to the corp. played no part in their decision.In fact, I had a friend who was a manager. She used to chide me about my less than super love for my job and the corp we worked for. I told her that we'd both be gone in five years (the handwriting was on the wall), and she was gone before I was. We were both terminated. Again, that's business, but loyalty had no determination on who stayed and who got booted out.

23 posted on 08/24/2012 9:06:23 PM PDT by driftless2
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To: usconservative
"Company "loyalty" hasn't been rewarded for a long, long, time."

Companies must look out for their best interest, just as you yourself do. It's a two way street.

The Kenyan must go.

24 posted on 08/24/2012 9:19:17 PM PDT by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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I’m pretty sure that the author of this little “ditty” uses the same journalistic techniques as most of Rush Limbaugh’s critics... Don’t actually read Rand, just read the criticism of Rand, and go from there.

There are so many false assumptions that the author makes, it’s difficult to list them all, but 1 really stands out to me... “#3 Rand Creates Fanatics.” Someone may want to break it to the author, that Ayn Rand is no longer creating anything, as she’s gone to the “Great Galt’s Gulch in the Sky,” or more realistically for her, she simply no longer exists. The point is that if you have employees who read something and they become “fanatics,” maybe you’re hiring employees who have “issues” far before ever reading Rand.

Frankly, the posts on this thread, as well as the many pages of comments on the original article at the CNBC website pretty much says it all. That the author really has no understanding of what Rand wrote.

Mark


25 posted on 08/24/2012 9:57:40 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: usconservative

Every time I’ve changed jobs voluntarily, it has been for one reason.

Higher pay.

That’s it.

If you’re like me, your real life is what happens away from the job. The job is the way that you gain what it takes to afford your life. “Career advancement” is defined by the number next to the “$” on the paycheck.


26 posted on 08/24/2012 10:02:41 PM PDT by ExGeeEye (Romney Sucks. Mutiny Now!)
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To: dynachrome
Offer me $10 more an hour, tell me I have to work in Detroit, and I'll live up in Waterford. If I can get into the apartment where my Grandma and Mom lived in the 1950's (it's still there)-- bonus!
27 posted on 08/24/2012 10:06:21 PM PDT by ExGeeEye (Romney Sucks. Mutiny Now!)
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To: dynachrome
Dude. It's the only thing.
28 posted on 08/24/2012 10:08:21 PM PDT by ExGeeEye (Romney Sucks. Mutiny Now!)
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To: Grams A

As Bernadette Peters said in “The Jerk”, “It’s not the money....it’s the stuff.”


29 posted on 08/24/2012 10:11:51 PM PDT by dfwgator
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To: dynachrome

Don’t bother. Just shrug.


30 posted on 08/24/2012 10:12:21 PM PDT by righttackle44 (I may not be much, but I raised a United States Marine.)
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To: dynachrome

John Galt, go home. Take your homies with you.


31 posted on 08/24/2012 10:14:22 PM PDT by righttackle44 (I may not be much, but I raised a United States Marine.)
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To: usconservative
I learned that lesson the hard way when I literally gave my life...

Tell us about your resurrection.

32 posted on 08/24/2012 10:40:54 PM PDT by newzjunkey (Election night is 72 days away.)
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To: dynachrome

I’ve been collecting reader’s opinions of Ayn Rand off the internet for a couple of months. There are hundreds like these:

Ayn Rand wrote Fiction and then as all mentally ill people do she started to believed her own fiction and fools believed right along with her adding fuel to her delusions. Odd how the right puts a closeted man hateing lesbian, athiest, anti semantic, anti social indiviualist on a pedistal???? Strange.


Ayn Rand is very popular with young unfinished minds. I should know. I read every thing she wrote while I was in high school. Hell, I even subscribed to her ridiculously overpriced newsletter, which tended to be nothing more than a recap of various parts of ‘Atlas Shrugged’. What she, and the libertarians in general, do not get is that the ‘market’, the invisible hand, what have you is NOT repeat NOT rational. Never has been. This pretty much destroys their entire philosophy.

The market is made up of people who are imperfect. Libertarianism, like communism, works well only on small scales, when it grows too big, and people can get ahead by stepping on the heads aand hands of faceless others, it starts to fall apart. And I’m a registered libertarian...but she was a twit.

Having gone wrong at an earily age and obtaining a few degrees in Philosophies of various sorts, I did learn how to distinguish the good stuff from the, excuse my excrement, poop. And Objectivisim is certainly poop, although few people know as no one has ever made it past page 6 in any of Ayn’s books without dozing off.


33 posted on 08/25/2012 1:27:15 AM PDT by Misterioso (The truth is not for all men but only for those who seek it. -- Ayn Rand)
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To: dfwgator

As Bernadette Peters said in “The Jerk”, “It’s not the money....it’s the stuff.”

You got it. I have a friend who worked very, very hard for many years. He has a plane, a boat and a restored Rolls that drives from the right side. He also has a pair of work boots in his closet that has duct tape covering holes in the top and soles of both of them. Said he keeps them to remind him of how he got to the place where he doesn’t ever have to walk very far any more if he doesn’t want to.


34 posted on 08/25/2012 1:28:18 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: dynachrome

Gotta wonder if the folks writing this tripe are really as ignorant as they sound, just Wasserman-like liars, or (my bet) both.


35 posted on 08/25/2012 2:55:44 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: dynachrome

Such workers respect leaders who know that others contributed to their success.....”You didn’t build that.”


36 posted on 08/25/2012 3:42:35 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: dynachrome

What does CNBC stand for:

Communist Nonsense Bull Crap!


37 posted on 08/25/2012 3:52:47 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: dynachrome

OH MAN! I have got to tell this story.

The company I worked for got a new general manager, after a month or so of him being in charge we, (The Employees), received a multi-page questionnaire about our jobs and what could the company do to improve work condition, morale, etc.

Well in my department we got together and talked it over. We ALL put down on our questionnaires that the number one thing the company could do to improve morale was to pay us more. The very last thing on mine anyway was “Improve communications from upper management to the lower level employees.”

Surprise, surprise! when the company posted the results of the questionaire “Improve Communications was #1. Pay increase were somewhere along the lines of #9 or #10. Needless to say morale did not improve and general disdain for the upper management did increase.


38 posted on 08/25/2012 4:32:04 AM PDT by The Working Man
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To: The Duke

>>I’m an employer and loyalty is *EXTREMELY* important to me. In fact, I consider it to be a big revenue generator.

Thanks for making my point. Loyalty is about people, not revenue.


39 posted on 08/25/2012 4:43:28 AM PDT by Bryanw92 (Sic semper tyrannis)
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To: dynachrome

Wow, these jackals are terrified of Ayn Rand’s ideas. Good.


40 posted on 08/25/2012 8:25:51 AM PDT by ronnyquest (I spent 20 years in the Army fighting the enemies of freedom only to see marxism elected at home.)
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To: dynachrome

In my current job, it would take a very substantial increase in money to lure me away. For the first time in my life, I have a boss that not only has my full faith in his ability to run the business, treats us with a fairness I haven’t seen before in my 30 years in my career.

My happiness is not worth a few more dollars.


41 posted on 08/25/2012 8:36:53 AM PDT by Vigilantcitizen (Dave Mustaine for president.)
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To: dynachrome
WOW !!!

Why did he stop at only five ???

From his perspective he could have written

A Bazillion Reasons Ayn Rand Is Bad for Business

and I wouldn't have thought any less of him.

42 posted on 08/25/2012 11:45:33 AM PDT by whodathunkit
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To: usconservative

I cannot be bought.

However, I can be rented, for the right price.


43 posted on 08/25/2012 6:30:02 PM PDT by Sherman Logan
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To: MarkL

When the author derides “fanatics” he is really deriding passion. Passion is one of the top 5 indicators of success. Any manager or employer SHOULD be celebrating Rand “fanatics,” as these are the truely innovative and passionate. If these “fanatics” are not allowed to flourish, they will find a more satisfactory situation. If employers/mgrs are happy to see them go, then they should realize that they are stagnating and will soon see failure.

Of course the collecrivists, such as this author continually deride success, so they consider passion to be a negative. They celebrate drones!


44 posted on 08/26/2012 3:51:34 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: dynachrome

I don’t like Rand, but this guy has it wrong.

Rand’s ideas are “to your own self be true”...and anyone who read the Fountainhead knows that for her, chasing the almighty dollar isn’t the main aim of life.


45 posted on 08/27/2012 5:46:17 PM PDT by LadyDoc
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