[Homestead] National Debt Much > $100 Trillion & the BondMarket Bubble
lynnw1366 at hotmail.com
Sat Dec 6 15:47:09 EST 2008
>Atlas Shrugged is a wonderful read (overlooking the prose), and Rand was
>brilliant, but she did not have all of the answers. Greed is not good, it
>is a vice. Selfishness is only good in a philisophical sense, and the
>selfishness argument is actually >circular.
In Rand's philosophy, capitalism only worked because it was allowed to fall
flat on it's face if it failed. She would be horrified at the current
bailouts. Greed is only good if it also serves the interests of other
people, too. Creating a superior product or service because one is greedy
and wants lots of business is a win/win for the producer and the customer.
Creating a shoddy product because of greed SHOULD put the producer out of
business fast. Today we bail them out, so they can keep being bad
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