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Scandals lead execs to 'Atlas Shrugged' 1957 Ayn Rand novel sanctions self-interest
USA Today ^ | 9.24.02 | Del Jones

Posted on 09/24/2002 2:58:00 PM PDT by Enemy Of The State

Edited on 04/13/2004 1:39:58 AM PDT by Jim Robinson. [history]

In these post-Enron days of corporate scandal, some of the millions of copies of Atlas Shrugged that have been sold over 45 years are being dusted off by executives under siege by prosecutors, regulators, Congress, employees, investors, a Republican president, even terrorists.


(Excerpt) Read more at usatoday.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Editorial; Foreign Affairs; Front Page News; Government; News/Current Events; Politics/Elections
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To: L,TOWM
Yep. And some of them don't even have halfway decent grammar!
41 posted on 09/24/2002 4:43:04 PM PDT by anniegetyourgun
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To: Lee_Atwater
I don't have an Internet link for the Grecian Urn line, sorry.
42 posted on 09/24/2002 4:43:44 PM PDT by Lee_Atwater
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To: SoDak
Yes, it can be intimidating, but it's life changing. I haven't read it for quite some time - I'll have to brush the dust off of one of the copies that I own and read it again...
43 posted on 09/24/2002 4:52:18 PM PDT by The Electrician
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To: HitmanNY
Hitman, your experiences parallel my own. Thank you for telling them so well. Whenever I hear or read about someone else who works hard and works well and is not properly appreciated, leaving a company that is loaded with deadweight (who is usually related to or having 'relations' with the owner/manager), I feel validated yet again for doing the same thing myself years ago.
44 posted on 09/24/2002 4:54:20 PM PDT by flushed with pride
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To: RightWhale
Ayn Rand's "shruggers" weren't primarily business leaders. They were the real creators, the real doers inside businesses. The CEO isn't usually that. A lot of Ayn Rand readers seem to miss that. There aren't really that many doers. Does the CEO of Enron know both where and how to drill for natural gas? Does the CEO of GE know a dot product from a cross product? Does the CEO of GM know how to start up the CAD program on his desktop? Doers know these things, these are the John Galts who work for the CEOs.

I agree completely!

Ayn Rand often said "capitalism" when maybe she should have said "free enterprise." Capitalism, as I understand it, is just a way to make money by already having money.

A free-enterprise economy might have capitalists in it, but the heroes in Rand's novels are more like enterpreneurs and inventors. They were heroes because of their individualism and their prowess as productive visionaries, not because they had big piles of other people's money and talked like winners(except maybe Midas Mulligan).

Paper-shufflers, conformists, smooth-talkers, schmoozers and posers were generally the bad guys.

45 posted on 09/24/2002 4:54:41 PM PDT by Yeti
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To: IronJack

Unfortunately, there is no Galt's Gulch to which the producers of society can retreat. Though 'tis a dream devoutly to be wished ...

Ever heard of the Free State Project? http://www.freestateproject.com/

Considering what our ancestors went through in pursuit of freedom and a better life, this isn't a bad idea...

46 posted on 09/24/2002 4:59:01 PM PDT by Gunslingr3
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To: Redcloak
Sonnenfeld doesn't understand the difference between Hershey's charity and government taxation. Hershey did what he did because he wanted to; not because big government commanded him to do so.

And there is a huge difference, such things done voluntarily tend to inspire devoted employees who give their all but when done at government command they are seen as no more than what is deserved or even less.
47 posted on 09/24/2002 5:01:38 PM PDT by RipSawyer
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To: Yeti
I think I agree with you, but I would say it the other way around. Capitalism assumes, among other things, a free market or free enterprise economic system. But it cannot succeed on that alone. History seems to demonstrate that a cultural commitment to civil liberties, a shared morality and a common language are other necessary ingredients.
48 posted on 09/24/2002 5:14:14 PM PDT by TexasKamaAina
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To: Yeti
You're correct. Capitalism is not the best word to describe our economic system.

After 30 years since reading Atlas Shrugged as a 17 year old (and after buying countless copies since for younger brothers, friends, and co-workers as gifts) I finally picked it again up this Summer. It's true, you have to wade throught the first 100 pages. Then it's great.

That said, I agree that "capitalism" is not the best term. After all, Karl Marx, the enemy of capitalism, popularized the term. That's like the supply-side economic school deciding to be known as the trickle-down economic school.

I try always to use the term "free economy" while I debate (well, argue) with my liberal "friends".

49 posted on 09/24/2002 5:18:46 PM PDT by BfloGuy
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To: AdamSelene235
If you like Rand, you might also enjoy Heinlein.

That one and Stranger in a Strange Land are the only novels of his that I have read and liked. He did a short story called "And He built a Crooked House" that I like when I was a kid.

50 posted on 09/24/2002 5:21:23 PM PDT by Yeti
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To: RightWhale
... Atlas Shrugged ...

In fact, now that I think of it, what you described was EXACTLY what John Galt was -- and Engineer who developed a revolutionary energy source, but the company he worked for was full of morons and conformists who wouldn't follow up with the project, so he quit and went underground!

51 posted on 09/24/2002 5:21:39 PM PDT by Yeti
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To: HitmanNY
I had a similar experience, but with a twist. I was contracting for a Silicon Valley company, and had been doing work for different departments. I got put in one department where I was surrounded by people who not only didn't do any work, but who didn't speak any English. They just sat around and had their little bull sessions all day long.

I finished my project, and then quit doing any more projects for that company, and I let them know what I thought of that department as I was leaving. Four months after I left the department was shut down and the people scattered to other groups.
52 posted on 09/24/2002 5:24:22 PM PDT by Billy_bob_bob
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To: AzJP
I'm trying to think of a prime mover, the entreprenuer who creates (literally) the industry that those fine folks work in.

Edison

Tesla

Ford

Westinghouse

Siemens

Bell

.....

Hard to find someone who fits exactly, but I think any of the above would serve as examples of inventors/enterpeneurs who had a large impact on society.

Also, I can think of companies that appreciate and reward guys who do things like that. Think IBM 30 years ago, or RCA or Bell Labs back then, too.

Nowadays we have huge corporations led by followers and copycats -- just exactly like the bad guys in Atlas Shrugged and The Fountainhead.

53 posted on 09/24/2002 5:24:25 PM PDT by Yeti
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To: Redcloak
Agree, even my Lib friends do not get it! Watch the Fountainhead with Gary Cooper...........and old movie but to the point.
54 posted on 09/24/2002 5:27:26 PM PDT by Sub-Driver
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To: Yeti
Some of those and Frank Lloyd Wright may have been the models for some characters in Fountainhead and Atlas Shrugged, although if I recall, the author denied that.
55 posted on 09/24/2002 5:31:56 PM PDT by RightWhale
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To: Enemy Of The State
I forgot to mention, this kind of exchange is why I read the FreeRepublic....post's off of Drudge and other news clippings are fine, but the thought debate is more fun..........
56 posted on 09/24/2002 5:33:29 PM PDT by Sub-Driver
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To: BfloGuy
Never let them define the arguement. Good Point!!!
57 posted on 09/24/2002 5:42:30 PM PDT by perfect stranger
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To: RightWhale
“Mr. Rearden,” said the man, “the government needs your Metal. You have to sell it to us, because surely you’ll realize that the government’s plans cannot be held up by the matter of your consent.”

“A sale,” said Rearden, slowly “requires the sellers consent.” He got up and walked to the window. “I’ll tell you what you can do.” He pointed to the siding where ingots of Rearden Metal were being loaded into freight cars. “There’s Rearden Metal. Drive down there with your trucks- like any looter, but without his risk, because I won’t shoot you, as you know I can’t - take as much of the metal as you wish and go. Don’t try to send my payment. I won’t accept it. Don’t print out a check to me. It won’t be cashed. If you want that Metal, you have the guns to seize it. Go ahead.”

“Good God, Mr. Rearden, what would the public think!”

It was an instinctive, involuntary cry. The muscles of Rearden’s face moved briefly in soundless laughter. Both of them had understood the implications of that cry. Rearden said evenly, in the grave, unrestrained tone of finality, “You need my help to make it look like a sale - lake a safe, moral transaction. I will not help you.”
--Ayn Rand, Atlas Shrugged

58 posted on 09/24/2002 5:42:37 PM PDT by Enemy Of The State
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To: Enemy Of The State
This story is so skewed, clueless and full of uninformed "experts" that it reads like a USA Today piece.
59 posted on 09/24/2002 5:46:30 PM PDT by Imal
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To: L,TOWM
And both are equal in their reference to any reality, existing or potential...

Rand's characters are one-dimensional archetypes. Same goes for the plot.

Heinlein on the other hand knew how people, technology and history work. A great wordsmith as well:

"A dying culture invariably exhibits personal rudeness. Bad manners. Lack of consideration for others in minor matters. A loss of politeness, of gentle manners, is more significant than is a riot."

There is no worse tyranny than to force a man to pay for what he does not want merely because you think it would be good for him."

"No state has an inherent right to survive through conscript troops and, in the long run, no state ever has."

: "Any government will work if authority and responsibility are equal and coordinate. This does not insure 'good' government; it simply insures that it will work. But such governments are rare -- most people want to run things but want no part of the blame. This used to be called the 'backseat-driver syndrome.' "

: "Stupidity cannot be cured with money, or through education, or by legislation. Stupidity is not a sin, the victim can't help being stupid. But stupidity is the only universal capital crime; the sentence is death, there is no appeal, and execution is carried out automatically and without pity."

"Political tags -- such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth -- are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire. The former are idealists acting from highest motives for the greatest good of the greatest number. The latter are surely curmudgeons, suspicious and lacking in altruism. But they are more comfortable neighbours than the other sort."

-RAH

60 posted on 09/24/2002 5:56:23 PM PDT by AdamSelene235
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