xssve -> RE: Ayn Rand and altruism (4/14/2012 5:14:05 PM)
|
quote:
ORIGINAL: Yachtie quote:
ORIGINAL: xssve Rand worldview is overly simplistic, economic activity simply does not and cannot exist in a vacuum, it's a social activity. Concerning your statement only - Yes, it is a social activity. But should it be controlled as collectivist? Two people can make a deal. That's social. Groups of people can make deals. That's social too. But what happens when the deal is made for them by others (collectivist) not directly party to the deal in the first place? Being a social activity, it is by nature collectivist, since it's all interconnected everybody has a stake in it, i.e., in order to make any money doing anything, you need labor, and business does not produce it's own labor, the community produces, feeds, and educates the labor that makes up the labor market that business needs to do business, making things and selling them back to the labor force! All that rugged individualist stuff is bullshit, at best it's just first once first serve when it comes to exploiting primitive capital like minerals or natural resources - a lot more to do with a lack of competition than anything, but when it comes to a whole economy, it's all pretty synergistic, there is no one person that can claim to be indispensable to the process, even minting a common currency accepted as a universal medium of exchange is a collectivist process, but wealth is created by labor. In all that, with the right moves, you can funnel some of that surplus labor into your bank account, but you didn't create it, you merely facilitated it's creation. In the current situation, the entire financial sector is pretty much being carried by consumer debt. Henry Ford was perhaps the first industrialist to recognize that labor not only creates the things you sell, but they're the ones that buy it to, converting into the liquid form of cash - fuck labor and you fuck yourself, and that is a statistically demonstrable phenomena if you look at income levels during the last three or four recessions - the rich get poorer too, they just recover faster.
|
|
|
|