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In her defense (I can't believe I'm typing this), she formulated most of her ideas in the production era (during the advent of mass production, Fordism, etc., at the beginning of the 20th century) and the sales and marketing era (the Golden Age of selling and advertising beginning in the 30s/40s and hitting its peak in the 50s/60s).
What she missed out on almost completely, even though she developed her Objectivist ideals late in life and died in the 80s, was what came after the high-production, high-consumption developmental eras: the finance era (the "decade of greed": the mergers and takeovers of the 80s, creating unprecedentedly gigantic multinational corporate entities) and the current globalized and Internet era, where the game has changed almost completely.
My criticism isn't of Rand per se (not this time); it's of those who would choose to carry over her ideals all willy-nilly into today's terms.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Last edited by Baraka_Guru; 05-05-2011 at 07:18 AM..
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