Posted on 04/27/2012 6:38:23 AM PDT by Kaslin
Im in Monaco for the 10th forum of the Convention of Independent Financial Advisors, a Swiss-based NGO that focuses on promoting an ethical and productive environment for private investment. I moderated a couple of panels on interesting topics, including the European fiscal crisis.
But I want to focus on the comments of another speaker, Monsieur Matthieu
Ricard, a French-born Buddhist monk. As you can see from his Wikipedia entry, hes a very impressive individual. In addition to his other accomplishments, he serves as the French translator for the Dalai Lama.
During one of the dinners, we got into a fascinating conversation about the Buddhist concept of altruism (or at least one strain of that tradition) and Ayn Rands concept of selfishness, both as general ideas and as they relate to happiness.
At the risk of sounding un-libertarian, Im siding with the monk.
Even though Im a big fan of Ayn Rand and periodically give away copies of Atlas Shrugged to unwary young people, Ive always been puzzled by the Randian hostility to altruism.
Yes, coercive altruism is wrong. Indeed, its not even altruism, particularly if you think (like Michael Gerson or Barack Obama) its noble or selfless to forcibly give away other peoples money.
But Rand seemed to think (and some Randians definitely think) that voluntary acts of charity and compassion are somehow wrong. In some sense, these folks take an ultra-homo economicus view that people are relentless utility maximizers based on self interest.
If this is a correct interpretation of Randianism (perhaps I should say Objectivism?), then I think it is inadequate. Yes, people want money, and almost everybody would like more money, but Im guessing that it is non-monetary things that make people happiest.
I dont want to sound too warm and fuzzy and ruin my image, but arent children, friends, family, and love the things that make the world go round for most of us? Yes, we also value achievement, but even that can be unrelated to pecuniary considerations.
These are amateur ramblings on my part, and Ive probably done a poor job of describing the views of Randians and Monsieur Ricard. Moreover, Im sure that very intelligent people have examined this issue in a much more sophisticated fashion.
For a fiscal policy wonk like me, though, this conference and this encounter forced me to give some thought to how you can be a big fan of Ayn Rand while also feeling good about holding open doors for little old ladies.
Wow. Thank you. I can’t wait to read your post. I just gave it a glance as I am leaving to go the the big city for the weekend so I’ll reply after I get back. There is a lot there to digest.
Let me just toss this into the mix: 2 Thessalonians 3:10
“For even when we were with you, we gave you this rule: “If a man will not work, he shall not eat.”
NIV
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