Is Hyper-Capitalism Dead?

Is the “Witch Is Dead”?

Do you know what an “Objectivist” is?

Objectivism holds that there is no greater moral goal than achieving happiness. But one cannot achieve happiness by wish or whim. Fundamentally, it requires rational respect for the facts of reality, including the facts about our human nature and needs. Happiness requires that one live by objective principles, including moral integrity and respect for the rights of others. Politically, Objectivists advocate laissez-faire capitalism. Under capitalism, a strictly limited government protects each person’s rights to life, liberty, and property and forbids that anyone initiate force against anyone else. The heroes of Objectivism are achievers who build businesses, invent technologies, and create art and ideas, depending on their own talents and on trade with other independent people to reach their goals.

Politicians like Rand Paul (that is Rand not Rue) and ex Speaker Ryan were followers of the head honcho of this philosophy Ayn Rand….but in today’s society it looks as if the meth head may be losing her hold on the young…..

Eight rules governed the original Ayn Rand clubs that proliferated across college campuses in the 1960s, as they sought to seed Objectivism—Rand’s philosophical glorification of laissez-faire capitalism and heroic individualism—in the minds of impressionable youth. And of these eight, only two rules could ever be mentioned publicly: 1) Ayn Rand is the greatest human being who has ever lived, and2) her novel Atlas Shrugged is the greatest human achievement in the history of the world.

Objectivism has a serious youth problem, and the conference’s organizers were quite aware of it. They offered a discount rate for those under 30, a talent show, and extracurricular activities like “late night jams.” It made me wonder: Is Rand’s hyper-capitalist philosophy—which has influenced some of the most powerful political and economic giants of recent history, from Ronald Reagan and Alan Greenspan to Mark Cuban and Steve Jobs—running out of juice? There was only one way to find out. I would have to attend the conference’s various panels on the virtue of selfishness, the evils of regulation, and the greatness of capitalism’s dark patron saint, and try to fraternize with the next class of Paul Ryans in the making. So I went into the Objectivist sanctums of Cleveland, sporting an Ayn Rand tote bag outfitted with an “I ❤ fossil fuels” pin, to gauge the reach of Rand’s cult of unbridled capitalism on today’s political scene.

https://newrepublic.com/article/154705/last-ayn-rand-acolytes

The young seem to be leaning Left these days…..and that will not change as long as economic injustice is running rampant…..change that and it is possible that Rand’s (Ayn not Paul) could once again be popular…look at the new popularity of Orwell’s “1984”….any thing is possible.

I Read, I Wrote, You Know

“Lego Ergo Scribo”

4 thoughts on “Is Hyper-Capitalism Dead?

  1. Over here, I think it is degenerating into a ‘survivalist’ economy for ordinary people. Buying cheap food, cheap clothes, and having little concern for the wider economic issues, as things become more expensive day on day. The ‘Brexit Scare’ is taking hold, and allowing companies and shops to make unnecessary price increases, based on spurious claims about a post-Brexit disaster for Britain.
    Best wishes, Pete.

  2. No generation can predict what the next generations may decide to do. We will not be around to decide, it will be up to them.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.