"Pepe Papon" wrote in message
news:dud638180819etiae...@4ax.com...
>>Ayn Rand did think that investment by the "rich" was valuable.
>
>Nobody claimed that investment isn't valuable. Of course it is.
Tim said that Rand claimed investment was not valuable, that it was actually
parasitic. That is the post I responded to.
"I read 'Atlas Shrugged' carefully this past year. None of the conservatives
that applaud her ideas seem to note that she considered bankers and
investment people to be just as parasitic on the system as politicians and
the poor."
>> She had no
>>problem with bankers. Her problem with Taggert and his friends is that
>>they
>>tried to use government coercion to accomplish things.
>
>Although I read and enjoyed "The Fountainhead" many years ago, I'm
>certainly no expert on Ayn Rand, but in a previous comment, it was
>stated that she doesn't believe that merely owning things makes a
>person productive. That's the point on which I was commenting.
No one thinks or said that merely owning something makes a person
productive. It's what you do with what you own that makes you productive.
>>Rand did not have some sort of "substance, not service," philosophy. Rand
>>was all for voluntary exchanges, and completely against involuntary ones.
>>And, if you agree with Norfolk that a rail system doesn't provide a
>>service,
>>then you certainly aren't closer to Rand's views than most people.
>
>I don't recall Norfollk saying any such thing. It's hard to believe
>he would say something as absurd as that, but if he did, then of
>course, I disagree.
"In the book, the biggest heroes are those who produce things of substance,
not service – Miss Taggert building and running a rail system,"
Here, he says a railroad system is a thing of substance, not a service.
Furthermore, Tim himself agrees with his phantom-Rand position that
investors are parasites, and make no contribution. See the "How much would
Obama's plan raise taxes for a guy..." thread, where he says that a person's
tax contribution is defines what his contribution to the economy. He says
investors make no contribution to the economy. I would also disagree with
his position that Rand thought poor people are parasitic as well.
These threads start to lose any ability to hold interest when they devolve
into a senseless mass of posts about things that have nothing to do with
anything. I'm limiting my posts to things that are actually said by people,
and would love to not have to address or defend things that have not. So,
for the record, here are a few items to consider:
Tim Norfolk says:
Ayn Rand thought bankers and investors were parasitic, and just as bad a
government and poor people.
Investors do not contribute to the economy.
Railroads are things of substance, not service.
I said:
Ayn Rand though bankers and investors do contribute to the economy.
The only time railroads are valuable is when they are providing a service.
Investment provides a great contribution to the economy.
The following people have said that simply being rich makes someone a
contributor to the economy: