Right Large

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Current economic crisis and Ayn Rand?

The more I think about it, the more our current economic situation reminds me of something out of an Ayn Rand novel. Corporations failing left and right, large scale fraud,government bailouts, rising oil prices, and collapsing housing markets. What do you think Ayn Rand would think of the current situation, how its being handled, and how it SHOULD be handled. I'm a recent college grad whose just entered the workforce, and I feel like I'm living in an Ayn Rand plot. Any opinions by some Objectivists out there?
I read The Fountainhead in my first semester in college and it changed my life. Now in my first month working at a bank I am reading Atlas Shrugged, and it seems even more relevant than ever. I graduated from Auburn University with a degree in Human Resources Management (college of Business) as well as a degree in Psychology.

I have been reading Ayn Rand for years and always find her fascinating. She is so incredibly consistent in her viewpoint. And while much of what she believes can be dismissed as unrealistic, her work does offer very precise analysis. Most people are unable to live up to her superhuman ideals, but the idea of positive and honest values is refreshing. Someone who champions freedom of speech, property rights, individualism, work ethic, etc is worth reading. If only to remind us of the values that made the US great.

Ayn Rand would not support the current stimulus package. She was an advocate of laissez faire capitalism. Gold Standard. There were no social programs or regulation in an Ayn Rand universe. Chrysler would have collapsed 30 years ago...lol.

Read the essay Egalitarianism and Inflation in Ayn Rand's
Philosophy Who Needs It. You'll probably find it interesting.

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