Is Rand relevant, asks the Wall Street Journal?
Here’s my comment as submitted to the Journal.
It’s news to me that planning for one’s survival and flourishing is anything more than a human instinct, not a virtue, since what we ordinarily understand to be a virtue (cf. Kant) is always in excess of the pursuit of our self-interest, no matter what planning horizon is selected.
The only reason why planning for one’s survival and flourishing is virtuous is that it is virtuous to try not to burden others.
I am well aware that Rand professed to dislike Kant. The problem was that she may never have made the considerable effort that is required to understand Kant, and in fact anticipated a contemporary gesture of the CEO: a fashionable anti-intellectualism and contempt for writing that makes “unreadability” an argument against a text, convenient if you Kant read the text in the class.
I submitted careful and detailed status reports while wasting my spirit in an expense of shame in 1981, working for a “consulting” firm in Chicago in a building on Ohio street where porno films were also being made: but because I was young and thin and rather “cute”, I was by definition unimportant in data processing, where then and now horrible fat men have more technical authority. My status reports were termed “verbose” by a manager who operated on Randroid principles, destroying anyone who got in her way. It was here I wised up on how people learn, especially in graduate skewl, how to operate in the “real world”.
Rand anticipated today’s contemptible culture of self-reproducing celebrity, since she professed to be a philosopher while being bone ignorant of actual philosophical method: as a real philosopher, Sydney Hook, showed in an excessively gentlemanly review of Notes for a New Intellectual in 1962, Rand made an absurd substantive (“synthetic apriori” inference) from an “analytic apriori” axiom, to wit, a=a.
This wasn’t a matter of philosophical opinion. It was a matter of logic.
However, in today’s contemptible culture of self-reproducing celebrity, if you have money and media attention already, you get more. Rand had a knack for producing reams of the sort of trash people read at the beach, and it sold in the 1950s. Therefore, she was able to announce to a talk show host, in 1960, that she rilly wuz a filosofer or something.
Banks (!) have funded various thinktanks which promote her thought as part of a kulturkampf against the New Left which started in the 1970s.
As a result, a generation of Yuppies was unleashed on the economy which preferred “self-interest”: at the Princeton P-Rade in 1989, an annual ritual of that school’s alumni and graduating class, drunk members of the graduating class carried a sign reading “The Nation in Princeton’s Service: Wall Street here we come!”.
At Wall Street, those students and others pursued Holy Self Interest 24/7. They created overelaborate financial instruments using rocket science which have become today’s toxic mess, and graduates of deVry and Roosevelt University, not Princeton graduates, are paying the price.
It’s in Jack Welch’s self-interest (on the front page of Financial Times for 14 March) to write now that he was just kidding about “shareholder value and nothing else” in 1981, but it wasn’t in Bernie Madoff’s self-interest to admit wrong in a court of law.
But Bernie Madoff is the *mensch*. Jack Welch and Ayn Rand are role models only for the *schlemiel* and the *putz*.