The Null Device

The Rand Resurgency

As the economic crisis drags on, sales of Ayn Rand's "Atlas Shrugged" have been skyrocketing, at one point overtaking Barack Obama's The Audacity of Hope:
Atlas Shrugged tends to inspire either cult-like devotion or sarcastic mockery in readers, who are either thrilled or appalled by Rand's vision of a world in which the "men of the mind" - inventors, entrepreneurs and industrialists - withdraw their labour from a society intent on bleeding them dry with taxes and regulations.
Starved of their genius, society collapses and wars break out until eventually bureaucrats are forced to beg the rebels' leader, John Galt, to take over the economy.
Some are even talking about Barack Obama's "socialistic" bailout of the economy sparking off an Atlas Shrugged-inspired revolt among appalled greedheads:
Obama's frequently expressed view that the crisis demands that all Americans make sacrifices - and that those earning the most will need to "chip in a little more" - would have disgusted Rand, who believed that altruism was evil.
In cities around the US, conservative activists have been organising street protests known as "tea parties", inspired by the CNBC correspondent Rick Santelli, who in a high-profile rant last month called for direct action by taxpayers in the manner of the 1773 Boston Tea Party, the anti-British protest that helped trigger the American revolution.
But sceptics have described the threats of Galt-style tax boycotts as the rightwing equivalent of "moving to Canada".
I imagine the scammers who sell the greedy and gullible fraudulent advice on why income taxes are actually illegal and they're entitled to not pay them (typically it derives from something like the flag in US courtrooms having the wrong fringe, rendering the authority of the courts null and void, or similarly kooky arcana) will make a mint from the New Randroids, as they did from the militia types in the 1990s.

Ayn Rand, though, is not the only contentious thinker to be making a comeback in the Great Recession: on the other side, Karl Marx' stock has also been rising recently.

There are 2 comments on "The Rand Resurgency":

Posted by: Fazal Majid http://www.majid.info/ Fri Mar 13 16:27:02 2009

Libertarian economist Murray Rothbard published a devastating exposé of Rand's cult: http://www.lewrockwell.com/rothbard/rothbard23.html

Posted by: Greg Sat Mar 14 05:25:26 2009

The anti-tax, anti-welfare revolt is hypocritical, because most of tax-funded welfare is going to big-end-of-town investors who tanked.

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