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The Immigration Debate
by The Editors | April 17, 2017
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One Small Step for Dictatorship: The Significance of Donald Trump’s Election
by Onkar Ghate | November 17, 2016
Ayn Rand at the Ford Hall Forum
by The Editors | June 18, 2015
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by Tom Bowden | June 26, 2014
An Introduction to Objectivism
by Leonard Peikoff | 1995
Capitalism without Guilt
by Yaron Brook | January 21, 2013
How The Welfare State Stole Christmas
by Yaron Brook | December 23, 2012
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by Onkar Ghate | November 02, 2012
Time to Read Ayn Rand?
by Keith Lockitch | October 19, 2012
Ayn Rand’s Appeal
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Ayn Rand’s Atlas Shrugged: A Paean to American Liberty
by Don Watkins | August 17, 2012
Happy Birthday, Ayn Rand — Why Are You Still So Misunderstood?
by Don Watkins | February 02, 2012
How Did Ayn Rand’s Atlas Shrugged Predict an America Spinning Out of Control?
by Onkar Ghate | October 31, 2011
Atlas Shrugged: With America on the Brink, Should You “Go Galt” and Strike?
by Onkar Ghate | April 29, 2011
The Radicalness of Ayn Rand’s Atlas Shrugged
by Onkar Ghate | April 25, 2011
The Tea Party Will Fail — Unless it Fully Embraces Individualism as a Moral Ideal
by Tom Bowden | January 21, 2011
Let’s Take Back Columbus Day
by Tom Bowden | October 08, 2010
Atlas Shrugged’s Timeless Moral: Profit-Making Is Virtue, Not Vice
by Yaron Brook | July 20, 2010
Why is Ayn Rand Still Relevant: Atlas Shrugged and Today’s World
by Yaron Brook | August 10, 2009
Is Rand Relevant?
by Yaron Brook | March 14, 2009
After Ten Years, States Still Resist Assisted Suicide
by Tom Bowden | November 02, 2007
The Influence of Atlas Shrugged
by Yaron Brook | October 09, 2007
The Real Museum Looters
by Keith Lockitch | June 03, 2003
Ayn Rand's Ideas — An Introduction
by Onkar Ghate | June 02, 2003
Shame on Casey Martin
by Tom Bowden | January 31, 2001
The Joy of Football
by Tom Bowden | January 26, 2001
Whose Children Are They?
by Tom Bowden | January 05, 2000
Why Christmas Should Be More Commercial
by Leonard Peikoff | December 25, 1996
Cultural Update
by Ayn Rand | April 16, 1978
The Moral Factor
by Ayn Rand | April 11, 1976
Metaphysics in Marble
by Mary Ann Sures | February and March 1969
Of Living Death
by Ayn Rand | December 08, 1968
Our Cultural Value-Deprivation
by Ayn Rand | April 10, 1966
The New Fascism: Rule by Consensus
by Ayn Rand | April 18, 1965
Is Atlas Shrugging?
by Ayn Rand | April 19, 1964
Racism
by Ayn Rand | September 1963
Through Your Most Grievous Fault
by Ayn Rand | August 19, 1962
The “New Intellectual”
by Ayn Rand | May 15, 1961

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Why is Ayn Rand Still Relevant: Atlas Shrugged and Today’s World

by Yaron Brook and Don Watkins | August 10, 2009 | CNBC

Those who haven’t yet picked up Ayn Rand’s 1957 classic novel Atlas Shrugged may be wondering why so many people are invoking the book in discussions of today’s events.

Well, the short answer is: because today’s world is strikingly similar to the world of Atlas Shrugged.

Consider the government’s affordable housing crusade, in which lenders were forced to make loans to subprime borrowers who allegedly “needed” to own homes.

“We must not let vulgar difficulties obstruct our feeling that it’s a noble plan motivated solely by the public welfare. It’s for the good of the people. The people need it. Need comes first…”

Those might sound like the words of Barney Frank, but in fact they belong to Eugene Lawson, a banker in Atlas Shrugged who went bankrupt giving loans to people on the basis of their “need” rather than their ability to repay. In the quoted scene, Lawson is urging his politically powerful friends to pass a law restricting economic freedom for the “public good” — long-range consequences be damned.

Or consider this cry from Atlas Shrugged villain Wesley Mouch, head of the “Bureau of Economic Planning and National Resources”:

“Freedom has been given a chance and failed. Therefore, more stringent controls are necessary. . . . I need wider powers!”

This mirrors the incessant claims by today’s politicians and bureaucrats that all our problems would disappear if only they had more power. They tell us that health care is expensive and ineffective — not because the government has its tentacles in every part of it and forces us to pay for other people’s unlimited medical-care wants and needs — but because there is no bureaucrat forcing us to buy insurance and dictating which tests and treatments are “necessary.” They tell us that American auto companies failed to compete — not because they were hamstrung by pro-union laws and fuel efficiency standards — but because there was o government auto czar. They tell us that we are reeling from a financial crisis — not as a result of massive, decades-long government intrusion in the financial and housing markets — but because the intrusion wasn’t big enough; we didn’t have a single, all-powerful “systemic risk” regulator.

Atlas Shrugged shows us an all-too-familiar pattern: Washington do-gooders blaming the problems they’ve created on the free market, and using them as a pretext for expanding their power. And more: it provides the fundamental explanation for why the government gets away with continually increasing its control over the economy and our lives. The explanation, according to Atlas, is to be found in the moral precepts we’ve heard all our lives.

From the time we’re young we are taught that the essence of morality is to sacrifice one’s own interests for the sake of others, and that to focus on one’s own interests is immoral and destructive. As a result, we want the government to protect us from doctors and businessmen out for their own profit. We want the government to redistribute wealth from the successful to the unsuccessful. We want the government to ensure that those in need are given “free” health care, cheap housing, guaranteed retirement pay and a job they can never lose. We want the government to take these and many other anti-freedom measures because virtually everyone today believes that they are moral imperatives.

This view of morality, Atlas argues, inevitably leads to the disappearance of freedom.

A free society is one in which the individual’s life belongs to him, where he can pursue his own happiness without interference by others. That is incompatible with the view that morally his life belongs to others. So long as you accept that self-sacrifice for the needs of others is good, you will not be able to defend a capitalist system that enshrines and protects individual freedom and the profit motive.

The only way to stop the growth of the state and return to the Founding Fathers’ ideal of limited government is to recognize that individuals not only have a political right to pursue their own happiness, but a moral right to pursue their own happiness. This is what Ayn Rand called a morality of rational self-interest. It is a selfishness that consists, not of doing whatever you feel like, but of using your mind to discover what will truly make you happy and successful. It is a selfishness that consists, not of sacrificing others in the manner of a Bernie Madoff, but of producing the values your life requires and dealing with others through mutually advantageous, voluntary trade.

It’s no accident that, at the very instant Washington is extending its grip over our lives, Atlas Shrugged is selling faster than ever before. Americans sense that Atlas has something important to say about this frightening trend. It does. If you want to understand the ideas undermining American liberty — and the ideas that could foster it once again — read Atlas Shrugged.

About The Authors

Yaron Brook

Chairman of the Board, Ayn Rand Institute

Don Watkins

Former Fellow (2006-2017), Ayn Rand Institute