xssve -> RE: Ayn Rand and altruism (4/15/2012 8:20:58 PM)
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"Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people." Perhaps you are saying the republican congress in collusion with the Fed to keep wages from rising is not a collective? But efforts to compensate for blatant distortions of the labor market are? "With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches, which in their eye is never so complete as when they appear to possess those decisive marks of opulence which nobody can possess but themselves." There's the benefits of supply side tax cuts for you. Maybe you should read Fitts - no, you definitely need to: quote:
This case study provides a detailed example of the financial kickback machinery that makes the process go. It works something like this. A group of executives and investors start a company. Rather than build a business the old fashioned way, company profits are pumped up with government legislation, contracts, regulation, financing, subsidies and/or enforcement. This dramatically increases the value of the company's financial equity. The company and its initial investors then sell their stock at a profit. Such profits replenish contributions made to the kind of politicians who can arrange such government benefits. Such profits also fund philanthropy to foundations and universities that have large endowments that invest along side the investors. These tax-exempt organizations provide graduates to staff positions in the game, intellectual justification to attract popular support and photo opportunities which bestow legitimacy and social stature. Personnel cycle through the management and boards of business, government and academia, as the real economy declines — the environment deteriorates, productivity falls, income and infrastructure decline — and government deficits grow. Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits And anytime anybody tries to do anything about it they have all you little doggies yapping about "collectivism". They have your ass coming and going.
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