Monday, October 27, 2014

Who was Ayn Rand?

This Russian immigrant probably had more influence on our Free Enterprise system than any other writer in the 20th Century. Her novels portrayed wealthy Oligarchs who controlled the major industries of the Nation and could be counted on to do what was best for the Country. Al Capp, one of America's noted social commentators who expressed his social views in the comic strip - Little Orphan Annie, created a wealthy Oligarch named "Daddy Warbucks". Not hard to figure out how he made his fortune. Any Rand created similar Oligarchs in her novels. She came to America as an Atheist knowing virtually nothing about a Free Enterprise system and for some unknown reason decided to write novels about heroic oligarchs. She wrote about a highly idealized concept of Free Enterprise which was so convincing that her philosophy became the bed rock of todays Republican Party. Alan Greenspan was among those who virtually worshiped at her feet.
Paul Ryan is another admirer. The characters in her books weren't just good business men, they were heroic and handsome as well and it goes without saying that their wives were gorgeous.  These larger than life characters owned the railroads and all of the major industries of the Nation. They created the jobs, financed the industries, and basically controlled every major segment of the economy. It's ironic that a Russian immigrant who had no concept of a true Free Enterprise system could have had such an enormous influence on many of our Nation's economists and investors over the years. She was a skilled writer. Her characters were larger than life, highly romanticized  and always could be counted on to know what was best for the country (and their own pocket books). Her appeal was largely to young college age boys (I confess to being enamored with her books in college). Her basic thesis was that Oligarchs could be trusted to do what was best for all of us. Alan Greenspan was so brain washed by Ayn Rand that to this day he can't believe that the bankers and the boys on Wall Street couldn't be trusted with the reins of our economy.

It's ironic that the core members of the Republican Party so admire a Godless Russian who promoted an Oligarchy controlled economic system. Her views were the very antithesis  of everything that our Free Enterprise system is supposed to represent.

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