Here are two more passages from Ayn Rand: “Rationality is man’s basic virtue, the source of all his other virtues. Man’s basic vice, the source of all his evils, is the act of unfocusing his mind, the suspension of his consciousness, which is not blindness, but the refusal to see, not ignorance, but the refusal
During the elections, one of the most frustrating experiences I had was trying to have intellectual discussions with people about Obama’s policies. While I have tried to examine things with logic, they have decided to suspend logic, and rely on faith. “He will figure it out,” has been the most common line. Well, I don’t
I have to say that one thing our new president does not lack is character. He is doing what he said he would do: redistribute wealth and perpetrate socialism. He is very consistent with his campaign rhetoric, and that is refreshing to see in this world full of two-faced people with no character.
Here’s another interesting discourse from John Galt’s speech which is a good lens through which to examine several of our recently discovered “bugs” in capitalism: sub-prime lending and borrowing, Madoff’s scam, etc.
As we explore capitalism as a philosophy and a system of thought, I feel that one of the biggest fallacies in our assumption so far has been to expect that integrity is implicit. It is not.
Never have I spent so much of my thinking energy on trying to understand, question, assess, debug, and dissect a value system that I had, for years, accepted as a fundamental principle of my life. This series, I hope, will provide a forum for many of us experiencing the same period of questioning, an opportunity
Zero-In this week highlights the disconnect between capitalism, market forces and the need for a smarter, cleaner energy world. Read The Smart-Grid Dilemma. Coming from a pure capitalist at heart, this is one of a series of columns you will be reading on the limitations of capitalism to do the right thing.
The Economist this week has a good analysis on the future of capitalism. Yes, we’re amidst a crisis, and yes, things went out of control, but in building any sustainable complex system, there will always need to be rounds of debugging involved. Overall, I’m still in favor, as the Economist is as well, of Capitalism.