Found this interesting, not least because it's from 1959.

Have you not heard of Ayn Rand before?

Yeah she was an extreme capitalist. Very much the eff everybody else attitude taken to the extreme.

What extreme capitalists seem to forget is without a well functioning society that has a large population of people with money to spend their businesses have no customers.
 
[FnG]magnolia;22044093 said:
Ayn Rand ws a terrible person and I'm going to read the link fully before I respond further.
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In the words of XKCD:

I had a hard time with Ayn Rand because I found myself enthusiastically agreeing with the first 90% of every sentence, but getting lost at 'therefore, be a huge ******* to everyone.'
 
estebanrey said:
Have you not heard of Ayn Rand before?

Yeah she was an extreme capitalist. Very much the eff everybody else attitude taken to the extreme.

What extreme capitalists seem to forget is without a well functioning society that has a large population of people with money to spend their businesses have no customers.
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Ahhh you don't get Ayn Rand at all. That's not to say whether she was right or wrong, though.
 
estebanrey said:
Have you not heard of Ayn Rand before?

Yeah she was an extreme capitalist. Very much the eff everybody else attitude taken to the extreme.

What extreme capitalists seem to forget is without a well functioning society that has a large population of people with money to spend their businesses have no customers.
Click to expand...

Um, are you thinking of the correct person because she was well-known - and often despised - for rather more reasons than her laissez-faire capitalist beliefs.
 
[FnG]magnolia;22044130 said:
Um, are you thinking of the correct person because she was well-known - and often despised - for rather more reasons than her laissez-faire capitalist beliefs.
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I'm only aware of her books that advocated total selfishness.

 
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It's difficult, fruitless and unfair to try to summarise what an author tries to say in several books into a few sentences.

As much as I despise socialism, Marx was no fool, and it's well worth reading what he had to say (and then discarding Socialism). I wouldn't try to summarise Marx in this way either.
 
I'm no philosophy student but I find myself agreeing with much of her stuff (based on the video footage)
 
singist said:
I'm no philosophy student but I find myself agreeing with much of her stuff (based on the video footage)
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She was basically prepared to let people die so long as it made the country more economically prosperous.

Whilst I agree with a regulated capitalist system, at some point you have to value human life over a man made concept (i.e money and 'competing economies').

The trouble is, business people often get so engrossed with the corporate world they lose a sense of reality and become obsessed with economics which they can start viewing it as more valuable than food or water as if the only purpose of human life is to see who can get the highest number on a spreadsheet.
 
estebanrey said:
She was basically prepared to let people die so long as it made the country more economically prosperous.

Whilst I agree with a regulated capitalist system, at some point you have to value human life over a man made concept (i.e money and 'competing economies').

The trouble is, business people often get so engrossed with the corporate world they lose a sense of reality and become obsessed with economics which they can start viewing it as more valuable than food or water as if the only purpose of human life is to see who can get the highest number on a spreadsheet.
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Indeed.
 
The Halk said:
It's difficult, fruitless and unfair to try to summarise what an author tries to say in several books into a few sentences.

As much as I despise socialism, Marx was no fool, and it's well worth reading what he had to say (and then discarding Socialism). I wouldn't try to summarise Marx in this way either.
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Hmmmmm.
 
The Halk said:
As much as I despise socialism, Marx was no fool.
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His economic writings (after his political writings) are some of the worst nonsense I've ever read. Whether or not you agree with the socialist / communist manifestos, the fact he has little or no understanding of a functioning economy kind of undermines what he was trying to achieve.

It's the Dunning-Kruger effect writ large.

Edit @ Video: Ayn Rand is deluded in thinking that you can be rationally objective, then pursue your own 'happiness', which is just about as subjective as you can possibly get.
She conflates ideas of objectivity and subjectivity on a whim.

I haven't given her any time in terms of reading her works or finding out anything about her, and this video does nothing to encourage me to do so. Hipster psychologist, "I've invented a new school of thought, you probably haven't heard of it".
 
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[FnG]magnolia;22044473 said:
He means what are your opinions on the content of your own post.
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Ah! it becomes clear ..... thanks.

As I have said, I found the footage interesting and also found myself agreeing with a lot of her logic; not sure how much more you want but I was more interested in what other people felt .... ok, I'll just STFU and lurk again.;)
 
One key thing I note about "selfish" capitalism as opposed to regulated capitalism is that only those who will benefit from it will support it. On the other had, mixed capitalism or social capitalism is supported by some who would lose out financially as a result, on the grounds that it will provide greater stability for them.
 
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