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El_Johns

(1,805 posts)
Wed Jan 8, 2014, 02:01 AM Jan 2014

We finally know who John Galt is

One of the weird consequences of the 2008 financial meltdown and the measures taken to counteract it (enormous sums of money to help banks) was the revival in the work of Ayn Rand, the closest one can come to the ideologist of the “greed is good” radical capitalism. The sales of her magnum opus Atlas Shrugged exploded again.

According to some reports, there are already signs that the scenario described in Atlas Shrugged—the creative capitalists themselves going on strike—is being enacted.

The ridicule of this reaction is that it totally misreads the situation: Most of the gigantic sums of bail-out money went precisely to the Randian deregulated “titans” who failed in their “creative” schemes and thereby brought about the meltdown. It is not the great creative geniuses who are now helping lazy ordinary the people, the ordinary taxpayers, who are helping the failed “creative geniuses.”

One should simply recall that the ideologico-political father of the long economic process that ended up in the 2008 meltdown was Alan Greenspan, a card-carrying Randian “objectivist.”

Now we finally know who John Galt is—the idiot responsible for the 2008 financial meltdown and, consequentially, for the ongoing shutdown.

https://inthesetimes.com/article/15718/who_is_john_galt_now_we_know/

7 replies = new reply since forum marked as read
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We finally know who John Galt is (Original Post) El_Johns Jan 2014 OP
I sometimes wonder what will happen when the people... immoderate Jan 2014 #1
Do you really want to know? Scootaloo Jan 2014 #3
Good Nolimit Jan 2014 #2
A painful resolution to an asinine question from an offensive author. n/t Alkene Jan 2014 #4
+1. (nt) Paladin Jan 2014 #6
I really wish the rich would go on strike n2doc Jan 2014 #5
psssh, this article will go over with the Randroids as well as half a girl stuffed with towels MisterP Jan 2014 #7
 

immoderate

(20,885 posts)
1. I sometimes wonder what will happen when the people...
Wed Jan 8, 2014, 02:40 AM
Jan 2014

... can no longer support the rich.

--imm

Nolimit

(142 posts)
2. Good
Wed Jan 8, 2014, 02:47 AM
Jan 2014

Finally, maybe now my Libertarian Facebook friends will stop asking who he is as their status.

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