My point continues:
John Galt no longer owns the factory, or that fantastic motor.
Mr. Zhang manages the factory for the real owner: the politboro.
There is an American name on the front of the factory. That is all.
You’re right that Rand didn’t contemplate China, a creation of the wealthy in the US; the basic principles of Rand still stand as the US slides into oblivion.
Rand also failed this test: He who controls the military, rules. Rand declined to address this.
It still is my favorite book.