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Is Greed Good? Alan Greenspan vs. Ayn Rand.
Objectivist Center ^
| July 23, 2002
Posted on 07/29/2002 4:09:43 PM PDT by RJCogburn
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1
posted on
07/29/2002 4:09:43 PM PDT
by
RJCogburn
To: RJCogburn
BTTT
To: RJCogburn
Rand apparently didn't believe in unbridled greed. While she had Hank telling Dagny that he would charge her outrageous amounts and that she would gladly pay it (and she did), in Galt's Gulch with most competition squelched due to not being able to provide the same quality, everyone was charging reasonable rates rather than as much as they could get taking advantage of their monopoly.
It is why despite the fact that Atlas Shrugged remains one of my favorite all-time books, the utopia she described still seems to me to be the weakest part of the novel.
3
posted on
07/29/2002 4:19:37 PM PDT
by
Dales
To: RJCogburn
Greed is neither bad nor good. One man's greed is another man's desire. Who decides?
4
posted on
07/29/2002 4:26:23 PM PDT
by
leadpenny
To: AynRandWasAMediocrePhilosopher
Rand also singled out for condemnation businessmen who seek money by any means, including fraud, or government handouts and special favors. If thats greed, its to be damned!" I don't think very many people would oppose Rand's thoughts on corruption. Greed is a necessary ingredient in a capitalistic economy. But greedy capitalist have to be reminded that greed does have limits.
5
posted on
07/29/2002 4:29:40 PM PDT
by
demlosers
To: leadpenny
Greed is a lot like lust. Some lust is good, or there wouldn't be people. Too much lust and you get a Clinton, or worse. Same with greed. Every living creature has a sense of greed. Cockroaches do not see anything wrong with eating crickets. So some greed is good and necessary to human life.But too much greed, and you get libertarians and other knuckle-draggers who don't even have enough sense to appreciate minimum wages. parsy, whose knuckles are well off the ground.
6
posted on
07/29/2002 4:33:41 PM PDT
by
parsifal
To: AynRandWasAMediocrePhilosopher; Admin Moderator
It's really bad form to join FR (which I see you did today) with a confrontive screen name like that.
To: AynRandWasAMediocrePhilosopher; Orual; aculeus; general_re; one_particular_harbour
Welcome to FreeRepublic.
AynRandWasAMediocrePhilosopher
ItBeatsBeingADreadfulWriter.
8
posted on
07/29/2002 4:34:23 PM PDT
by
dighton
To: RJCogburn
Not to take anything away from Rand, but "The Road to Serfdom" by nobel prize winning Economist FA Hayek was actually the inspiration for much of Friedman's work, and was publised a decade before "Atlas Shrugged".
I love "Atlas Shrugged" and I'm re-reading it now. But lets give credit where it's due.
9
posted on
07/29/2002 4:41:01 PM PDT
by
tcostell
To: parsifal
Wait a minute. Are you saying that someone who is against minimum wage laws is greedy, or as you put it, a libertarian?
To: leadpenny
No. I just note that some of their knuckles show a trace of scrape marks. parsy.
11
posted on
07/29/2002 4:44:17 PM PDT
by
parsifal
To: dighton; AynRandWasAMediocrePhilosopher; Orual; aculeus; Huck
ItBeatsBeingADreadfulWriter. ButTheComedicPossibilitiesAreEndless
To: general_re; one_particular_harbour; Orual; aculeus; Huck; parsifal; ...
13
posted on
07/29/2002 4:50:19 PM PDT
by
dighton
To: dighton
Hey, I like this guy:
"The man in Roomette 3, Car No. 11, was a sniveling little neurotic who wrote cheap little plays into which, as a social message, he inserted cowardly little obscenities to the effect that all businessmen were scoundrels."
14
posted on
07/29/2002 4:50:47 PM PDT
by
parsifal
To: general_re
Nice link.I printed it out for prosperity. parsy.
15
posted on
07/29/2002 4:52:33 PM PDT
by
parsifal
To: RJCogburn
This is ridiculous. Greenspan used to be a Randian.
Objectivism is dead. Leave it that way. 'Pod
16
posted on
07/29/2002 5:00:48 PM PDT
by
sauropod
To: parsifal
To: sauropod
Not only was Greenspan a "Randoian," He was a student and confidant of hers. He was part of what she called the "collective," that included Dr. Leonard Piekoff. I'm surprised the author of this article did not point this out.
To: parsifal
Hey, I like this guy:
"The man in Roomette 3, Car No. 11
I've got this nice tunnel for sale ... interested?
To: parsifal
"...and you get libertarians and other knuckle-draggers "Parcy, come on! Was this really necessary? :-)
20
posted on
07/29/2002 5:37:56 PM PDT
by
Lloyd227
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