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To: what's up
She contributed much in her work on the subject of capitalism.

Her contribution, such as it was, was to offer an attractive-sounding, if simplistic, defense of capitalism.

Unfortunately, her vision of heroic individualist industrialists does not address the sort of corporate conglomerates we see all around us today. The individual moral rules she embodied in her characters does not translate well into a huge multi-national corporate environment.

As an economist, she was a pretty ham-fisted novelist.

In terms of her influence, I think the most telling example is the man whom she excommunicated from her circle of disciples: Alan Greenspan.

41 posted on 05/01/2003 10:45:23 AM PDT by r9etb
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To: r9etb
I guess we could not equate her "attractive sounding simplistic" capitalism to the millions of "small buisness" owners around the world that employ about 80% of the "workers"?
49 posted on 05/01/2003 10:59:56 AM PDT by Ga Rob ("Life's tough...it's even tougher when you're stupid"....The Duke)
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To: r9etb
I wasn't aware Rand had ex-communicated Greenspan.

I believe he defended her during the split of the group. Also, he invited her to Ford's inauguration and he attended her funeral.

She had an influence upon rank-and-file millions through her book and the movie, "The Fountainhead".

I feel she was a little loopy, but do appreciate her efforts against socialistic trends in the 50's.

54 posted on 05/01/2003 11:11:37 AM PDT by what's up
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