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In reply to the discussion: Why American Conservatives Are Suddenly Freaking Out About Guillotines [View all]jmowreader
(53,320 posts)Take the company I work for. We have a lot of irons in the fire: we've got a shitload of newspapers and magazines, two resort hotels, a casino (it actually belongs to one of the tribes in Idaho; we manage it for them), a golf course, an advertising agency, a photo studio with two branches, an Internet marketing company, three boat dealerships, three marinas, a wooden-boat manufacturing company, and more restaurants than I can count. Give me time, I am certain I can think of more.
Our corporation's owner can't do any of the jobs any of those businesses offer. What he CAN do is find money. He is hella good at finding money, and that's exactly what a CEO needs to do: attract investors to put money into his or her business, and let the people who make stuff or sell stuff do what they do.
If our corporation's owner suddenly went Galt, all our businesses would continue to thrive. I mean, come on: does anyone really believe if Hank Rearden really existed, he'd know how to formulate alloys? Of course he wouldn't; he would hire an engineer and spend his time finding money.