Quote of the week...please share your favourite line from Ayn Rand's writings

“Happiness is that state of consciousness which proceeds from the achievement of one's values.”

Sunday, February 7, 2010

“Atlas Shrugged” Sets a New Record!

Irvine, CA--Ayn Rand’s “Atlas Shrugged” sold more than 500,000 copies in 2009, more than double the previous record set in 2008, reports Penguin USA, publisher of the four American editions. For the first time, combined annual sales of Ayn Rand’s four novels totaled more than 1,000,000 copies.

“The explosion in sales of ‘Atlas Shrugged’ more than a half century after its initial publication is truly remarkable,” said Dr. Yaron Brook, president of the Ayn Rand Institute. “Annual sales of ‘Atlas Shrugged’ have been increasing for decades to a level never seen in Ayn Rand’s lifetime.

“People are discovering the prescience of Ayn Rand’s writing. They’re seeing the policies of ‘Atlas Shrugged’ villains Wesley Mouch and Cuffy Meigs acted out by our government officials today. They’re looking for answers on how to stop government intrusion in our lives. ‘Atlas Shrugged’ provides those answers, and many more.”

First published in 1957, “Atlas Shrugged” continues to draw media attention, including a recent episode of “Stossel” on Fox Business Network dedicated to the novel. More than 7,000,000 copies of “Atlas Shrugged” have been sold since it was first published.

Saturday, February 6, 2010

Ayn Rand's Troubled Economics?

Mark Skousen is an economist I respect a lot. He is inclined towards Capitalism, and is a consistent critic of Keynesian economics. However, in his article “THE TROUBLED ECONOMICS OF AYN RAND”, he proves that he has grossly misunderstood Ayn Rand’s philosophy and the concept of consumer sovereignty. Howard Roark, Skousen writes, denies a basic tenet of sound economics–the principle of consumer sovereignty, when he says. “I don’t intend to build in order to serve or help anyone. I don’t intend to build in order to have clients. I intend to have clients in order to build.”

The principle of consumer sovereignty was (and is) espoused by many sound economists, including Ludwig Von Mises and W H Hutt. They are right in saying that in a free market, people are urged to produce goods which are demanded by the consumers. But, this is far from proving that the consumer is “sovereign”. It was one of the greatest achievements of Ayn Rand to prove the fallacy of consumer sovereignty, a notion which has misled even great economists. As she put it, “There are the economists who proclaim that the essence and the moral justification of capitalism is "service to others—to the consumers," that the consumers' wishes are the absolute edicts ruling the free market, etc. What all such theorists fail to mention is the fact that capitalism grants economic recognition to only one kind of consumer: the producer.” Even Ludwig Von Mises would have agreed that people pursue their monetary interest “only to the extent that other things are equal.” The consumer is not sovereign. He hasn’t’ (and shouldn’t have) the right to compel producers to produce goods he desire.

Sovereignty is in fact, a political concept, as expressed in statements such as “The King is sovereign”. It doesn’t apply to economics. As an economist wrote, “Sovereignty” is the quality of ultimate political power; it is the power resting on the use of violence. In a purely free society, each individual is sovereign over his own person and property, and it is therefore this self-sovereignty which obtains on the free market. No one is “sovereign” over anyone else’s actions or exchanges. Since the consumers do not have the power to coerce producers into various occupations and work, the former are not “sovereign” over the latter.”

Mark Skousen is off the mark when he says “Randian selfishness ignores the interest of others.” I wonder whether he has carefully studied Ayn rand’s philosophy. There is no clash between legitimate interests of people. One doesn’t ignore the interests of others when pursuing ones selfish interests. One, in fact, aids it.

Friday, February 5, 2010

Atlas Shrugged Essay Contest - A Finalist from India and Cash Prizes by Liberty Institute!

More good news! Not only do we have a semi-finalist from India in last year's Atlas Shrugged Essay Contest (Jaidev Deshpande - see post below), we also have a finalist - Surabhi Mohta!  


On behalf of the "Ayn Rand in India" initiative, Liberty Institute has awarded a special prize of Rs.2000 each to both the participants for having distinguished themselves in this prestigious international competition. Congratulations to Surabhi and Jaidev!  


Surabhi is in her 3rd year for a bachelor's degree in commerce from St. Xavier's College, Kolkata, and is an aspiring entrepreneur. She discovered Ayn Rand's works in her father's library just over two years ago. For the contest, she chose the theme "The Producers versus The Plunderers: Man versus Beast", on which she wrote the following essay:


In Atlas Shrugged, Rand incisively defines and contrasts the heroes and the villains by their adversative views of money. She shows how the very essence of their characters can be unearthed from the way they feel about wealth. 


 The heroes want to make money by their ability and hard work. They use their resourcefulness to produce and trade amongst themselves. Thus Dagny Taggart runs a transcontinental railroad; Henry Rearden manufactures steel; Dwight Sanders builds airplanes. The villains on the other hand want unearned wealth. They know that they cannot produce as much as they would like to consume; hence they resort to the vilest means possible in order to gain affluence. They force the producers to give them their hard earned wealth by spreading communist propaganda, preaching altruism, lobbying for innumerable subsidies and passing legislatives that allow them to muscle in on the profits of their superior competitors. The difference between the heroes’ view and the villains’ view of money runs analogous with the difference between a prolific manufacturer and a destroyer filled with hatred, a businessman and a con artist, an inventor and a lobbyist and John Galt and James Taggart.

The means that the two sides use to obtain wealth also give an insight

Sunday, January 31, 2010

Atlas Shrugged Essay Contest 2009 - Semi Finalist from India

Last year, the Atlas Shrugged Essay Contest drew a record 4000 entries from around the world - double the number in the previous year! As part of the Atlas Shrugged Initiative, Liberty Institute too had promoted the contest in India through posters and web advertising. While the details about the number of entries from India is awaited, we know of at least one entry that made it to the Semi Finals!


Congratulations to Jaidev Deshpande, an Electronics Engineer who is a research associate at VIIT, Pune. 




Writing on the theme 'Comparing Basic Motivations and Approaches to life of Hank Rearden and Francisco d'Anconia', Jaidev wrote the following essay:


The contrast between Rearden and Francisco lies in Rearden’s unwillingness to rebel against the looters and Francisco’s intransigence. Rearden’s philosophy stems from a breach between his mind and his body. He thinks that in the domain of one’s personal life self-abnegation is virtue, but in the material realm he works for solely his own profit and pleasure, where any sacrifice is unacceptable. Francisco, on the other hand, believes that there exists a causal link between mind and body, just as between thought and production, between self-esteem and sex, or between values and life.



The contrast is also the quintessential contradiction Rearden struggles to solve. He seeks Francisco’s vision of life, but does not accept his methods. He understands that in a non-absolute world, only Francisco can give him the true appraisal of himself – yet loathes him for resorting to detrimental means. When Francisco explains how Rearden is the one giving up his vision to the looters, he speaks of Atlas carrying the world on his shoulders in pain and suffering (422). Rearden is the Atlas who refuses to shrug.

Francisco tries to convince Rearden that the looters are counting on him to carry their ‘wretched bunch’ (141) along, and

Saturday, January 23, 2010

A report on the Atlas Meet in Delhi on 15th January


The 6th Atlas Meet in Delhi took place on Friday, 15th January 2010 (let's call it "The Eve of January 16th"!). Barun Mitra, Vikram Bajaj, Arun Virmani and Rajendra Lakhotia attended the meet and also celebrated the 105th Birth Anniversary of Ayn Rand (which falls on 2nd February 2010).
It took a while for everyone to get assembled on a cold and somewhat foggy evening. The talk centered around the continuing financial crisis and chances of China's economy hitting a brick wall.
A little later we were joined by a new member at the meeting, Rajendra Lakhotia. It was the first time at the meet for Rajendra, who lives in Gangtok and has been an Ayn Rand fan since he first read her in 1968. For many of the early years, he corresponded with or visited Objectivists on visits to the USA. Back home, he would hand out Ayn Rand's novels to young people he knew and still does. While he has maintained his interest in Ayn Rand's works and philosophy for over four decades, the Atlas Meet was probably the first time he succeeded in connecting with other dedicated Objectivists in India!
After introductions, we began the meeting by viewing an excerpt from Michael Paxton's Oscar-nominated documentary "Ayn Rand: A Sense Of Life". We watched with fascination the glimpses of young Ayn with her two sisters, her early influences in literature and the impact of the Russian revolution on her life. (Her first conception of a hero, it turns out, came from a comic book character of a British officer in the jungles of 19th century India!)
With less time on hand, we decided to watch the remaining videos at subsequent meets and moved on to the highlight of the evening - cutting a cake (a rich chocolate truffle arranged by Barun) in honor of Ayn Rand's 105th Birth Anniversary!
Once the party was over, we concluded the meeting, even as we look forward eagerly to the next one.

Saturday, January 16, 2010

Atlas Meet in Mumbai

Dear All,
We are reviving the Atlas Meet in Mumbai.

Date:
24th January 2010

Venue:
A45, Vijay Kunj, Opp New Model English School, Vakola, Santacruz East, Mumbai.

Agenda:
Right now open to suggestions.

Options are:
(a) Watching a video/interview, which will be followed by a discussion.
(b) Meeting of new people to discuss ideas of Ayn Rand in general.
(c) Any other suggestion you may have.

Please do drop in your comments/suggestions.

Thanks,
Kirti
ph# (0) 9820226297

Sunday, January 10, 2010

Atlas Meet in Delhi - Celebrating Ayn Rand's 105th Birth Anniversary

The next monthly Atlas Meet in Delhi will take place on the coming Friday, that is on 15 January 2010. Since Ayn Rand's 105th birth anniversary is just round the corner on 5th February 2010, we'll also mark the occasion with a small celebration!


Date
15th January 2010

Time
5.30 pm - 7.45 pm

The Agenda

Session I (Savor and Study)
5.30 pm - 6.30 pm: Watch a trailer of the wonderful Oscar-nominated short film "Ayn Rand: A Sense of life", followed by a video of Ayn Rand's first television interview given in 1959. In this engaging interview, Ayn Rand capsulizes her philosophy for CBS's Mike Wallace. The discussion ranges from the nature of morality to the economic and historical distortions disseminated about the "robber barons." She also comments on her relationship with Frank O'Connor, provides some autobiographical information and gives her perspective on the future of America.

6.30 pm - 7 pm: Tea and snacks break. We'll cut a cake for Miss Rand!
[Those interested in coming in only for one session, could arrive or depart during this time.]

Session II (Spread and Sustain)
7 pm - 7.45 pm: Discussions on ways to spread Ayn Rand's ideas amongst students -
i) continuation of discussions on ideas mooted in previous meetings (Organizing talks in schools through personal contacts).
ii) other ideas for promoting the same.

*New* : You can also participate in the discussions live over the internet via audio/video conferencing. All you need is a web-browser and audio capabilities on your computer. If you have a webcam, then you can see us and be seen as well. If you are interested, you must send an email to vbajaj@aynrand.in at least one day in advance to receive the link and instructions.

The Venue
inlingua International School of Languages,
N-12, first floor,
South Extension - Part I

It is an open meeting - anyone interested in Ayn Rand's ideas is welcome. You may call Vikram on 9810028900 for directions. If you're planning to attend, it would be helpful if you let us know through the comments column below or by sending an email to vbajaj@aynrand.in .

Crushing Our Spirits

George Monbiot is at it again. Earlier he attacked the “neoliberals”, claiming that they serve the interests of the ultra-rich. Now, it is the turn on Objectivists. He writes in “The Guardian”, on the Copenhagen Climate Summit: “The summit’s premise is that the age of heroism is over. …This is a meeting about chemicals: the greenhouse gases insulating the atmosphere. But it is also a battle between two world views…. The angry men know that this golden age has gone; but they cannot find the words for the constraints they hate Clutching their copies of Atlas Shrugged, they flail around, accusing those who would impede them of communism, fascism, religiosity, misanthropy …. I fear this chorus of bullies.”

Robert Tracinski has written a brilliant post on Monbiots article in Real Clear Politics:

“Monbiot is right about the big question, even if he's on the wrong side of it. The goal of the environmentalist movement is not anything so trivial as capping our carbon. It's about crushing our spirits. It's about breaking the ambition of man the achiever-the explorer, the adventurer, the discoverer, the builder-and replacing him with man the meek, a modest little paper-shuffler constrained to live a small, inoffensive existence.”

“Monbiot's message is the same as Toohey's. He describes his opponents as "angry," but his whole column seethes with resentment at the independent man who defies social conformity-who the hell does he think he is? To dress up this ugly motive, Monbiot keeps saying that we need to be "restrained" in order to keep us from "trampling on the lives of others." But isn't trampling on our lives exactly what he advocates? He offers a scheme for universal control, not just of the economy, but of the human spirit itself. Behind everything he says is the motive Toohey confesses as the goal of his crusade against the independent man: "I don't want to kill him. I want him in jail.... Locked, stopped, strapped-and alive.... And he'll obey. He'll take orders. He'll take orders!"”

“Monbiot's column is environmentalism's real-life equivalent of Toohey's confession, and it indicates that what is at stake in the fight over global warming is much more than economics. Today's "progressives" have become the supreme reactionaries. They stand athwart history-the history of man's ascent from the cave to the stars-yelling "stop!" What is at stake is the survival of the human aspiration to achieve-and that is what we have to save from the environmentalists.”

Thursday, January 7, 2010

“Atlas Shrugged” In News

The subject of Thursday’s (8 p.m., Eastern Time) “Stossel” (John Stossel is a journalist with Fox Business and Fox News. He is also a libertarian columnist) the Fox Business Network will be the novel “Atlas Shrugged”. There will be interviews with leading Objectivists including Dr. Yaron Brook.


Atlas Shrugged sales are going through the roof as of the economic crisis. The year before, an all time high of 200,000 copies were sold. People find some similarities between the novel and the present happenings. When Ayn Rand was asked “Is Atlas Shrugged a prophetic novel or a historical one?” she replied “If some people believe that Atlas Shrugged is a historical novel, this means that it was a successful prophecy.” One has to agree.

As Richard Salsman pointed out, “altruism” is the root of the present economic crisis. . Subsidies doled out to prop up failing businesses are a classic case of robbing productive individuals to “help” the incompetent. Politicians are trying to solve these problems through more and more controls, not paying attention to the fact that it was controls which led to the crisis in the first place. Controls breed further controls. It is easy to blame the free market and “greed”, but it should be obvious that the problem is much deeper. (The heroes of Atlas Shrugged were branded “greedy”.) If people had understood the ideas put forward in the “Atlas Shrugged”, the world would have saved a lot of pain.

Laws to promote house ownership for the poor were the root cause of the housing bubble. George Bush said in a speech in 2002: “We use the mighty muscle of the Federal Government in combination with State and local governments to encourage owning your own home. That's what that means. And it means - it means that each of us - each of us - have a responsibility in the great country to put something greater than ourselves - to promote something greater than ourselves.” We must be "unified in service to the greater good", said Obama. One is tempted to quote John Galt, "Why do you shrink in horror from the sight of the world around you? That world is not the product of your sins; it is the product and the image of your virtues."

Wednesday, January 6, 2010

A funny take on Uncle Sam

For some comic relief, watch the YouTube video by Tim Hawkins spoofing big government. Click here or copy and paste the link below in your browser.

Sunday, January 3, 2010

Inflation Is Man Made

“Food Inflation”, as they have named it, has soured to a decade’s high in India. As usual, speculation and hoarding is being blamed. False remedies are being proposed. It is time to think in terms of fundamental principles. Ayn Rand had pointed out decades back in her essay "Egalitarianism And Inflation" that “Inflation, a man made scourge, is made possible by the fact that most people don’t understand it.” If people were sound on monetary matters, government manipulation of money and credit would not have happened.

Ayn Rand asks what would have happened if a person is allowed to trade in paper in a society in which gold has evolved as money. What if such a person claims that he is the best customer and expands the market? The issue, now, must be clearer than crystal to everyone. That person is making a claim on goods for nothing. That’s precisely what the Government does-Counterfeiting, a crime which is punished severely if done by an ordinary citizen. As Ayn Rand had noted, there is only one institution which has the legal power to trade by means of rubber checks: the Government. Counterfeiting is implicit theft.

Of course, it is true that the Government doesn’t simply print paper money and circulate in the market. The process is more complicated. But, that doesn’t change the intrinsic picture. The fact remains that the Central Bank, a Government institution, creates money out of thin air. Ayn Rand identifies that there will be two concepts a savage thinking on the range of the moment transported into an Industrial society can’t grasp-“Credit” and “Market”. We, however, can’t make such an excuse. We are capable of long range thought. If we are to stop inflation, we should grasp these concepts and step into action.

Article: The Cure For Inflation

Thursday, December 24, 2009

Change in Schedule for the next Atlas Meet in Delhi

Please note, the monthly Atlas Meet in Delhi will not take place this Saturday owing to the Christmas and New Year holidays. Instead, the next meet will now take place in the new year on the third Friday of the month, that is on 15 January 2010. Please note the change in day and week and mark your diaries accordingly.


Date
15th January 2010

Time
5 pm - 7.45 pm

The Agenda

Session I
5 pm - 6 pm: Savor Ayn Rand's philosophy and study her ideas. Discussions shall take place on topics of interest to those present.

6.15 pm - 6.45 pm: Tea and snacks break. Those interested in coming in only for one session, could arrive or depart during this time.

Session II
6.45 pm - 7.45 pm: Discussions on ways to spread Ayn Rand's ideas amongst students -
i) continuation of discussions on ideas mooted in previous meetings (Organizing talks in schools through personal contacts).
ii) other ideas for promoting the same.

The Venue
inlingua International School of Languages,
N-12, first floor,
South Extension - Part I

It is an open meeting - anyone interested in Ayn Rand's ideas is welcome.

Thursday, December 17, 2009

A report on the 5th Atlas Meet - Delhi

The 5th Atlas Meet in Delhi took place on Saturday, 28th November. It was much like the previous one - a small, cosy gathering of familiar faces. In attendance were Poonam, Vikram and Arun.


The discussion touched upon topics from the last meeting, but the hot new issue was the Mumbai attacks of last year. The first anniversary of the attacks had just gone by two days before we met. All agreed that even after one year, the government had done nothing much to secure our borders or our cities, and another carnage was just as likely.
One point of view was that we should have become like a fortress by now, with a fenced border and heavily patrolled coastline. But the other view was that a country like ours is too vast a space to fortify. Therefore, the only effective response to such attacks is to go after the states that sponsor terror, and strike at the root of the problem.
That being said, it was agreed that India was presently in no economic or military state to do so - specially given the encirclement of it that China has accomplished through several client states. That leaves only Uncle Sam with the wherewithal to do something. But, given the developments of the past eight years, it lacks the will to do much.
Sadly, the conclusion reached was that there was no option for us in India but to sit tight, lick our wounds, try and grow strong, and wait for the equation to change over the next fifteen to twenty years.
As the group moved to the cafeteria, and to the ever-present tea and Samosas, the talk veered towards ways of sustaining the Atlas Meet initiative. A suggestion, put forward by Arun, was that we could look at shifting the Meets to the 3rd Friday of the month, as Saturdays (specially 4th Saturdays) were invariably a holiday and many do not want to make the journey into town when they have other family commitments.
On that note, the meeting was concluded.

Tuesday, December 1, 2009

Mankind's First Heroes

While reading the story of man’s evolution recently, I got a fresh perspective on how accurate Ayn Rand’s understanding of human nature was. I learnt that the earliest steps in mankind’s ascent from ‘ape-man’ to human consisted of the development of those very skills that Rand considered distinctly human.


According to this article, the first one in a book titled ‘Time’ (The Life Science Library – 2nd edition), the reason why even the most intelligent animals are a complete evolutionary plane below man is because they cannot project a future and act for it. They only act when an action is necessitated by an immediate impulse, need or threat. The earliest ancestors of man graduated from this level in gentle steps, but the most obvious indication that their mental skills had gone beyond what any animal possessed was when they developed the ability to make crude tools to prepare for a later hunt.


Think about it – this is probably the most significant step in the history of man’s development. Simply the act of sharpening crude stone pieces to make the earliest tools reveals that man’s ancestor had some knowledge of identity (the properties of a sharp stone make it more effective for a hunt) and causality (what happens when a sharp tool hits an animal). However, when he learnt to make his tools in the evening for the next day’s hunt, with the animal not in front of his eyes, he could now separate an action from its consequences, which meant that he could act without an immediate impulse or need, for a benefit still in his future. This act of working for the future shows that early man had developed his ability to conceptualize his understanding about tools and animals. Conceptualizing allowed him to retain his knowledge, recall it whenever he wanted and think about it. This was man’s giant leap of evolution – the ability to form concepts opened the door to infinite knowledge and achievement. Several hundred thousand years later, man began to develop language to identify his concepts, and therefore talk about things he had seen, experiences he had had and things he wanted to do. At about the same time he also applied his conceptual ability to learn how to tame fire. These two skills dramatically improved his ability to survive and flourish. Ayn Rand did not provide or use any reference to this historical context, yet she considered this very ability to conceptualize as man’s distinct characteristic and means of survival, on which both his knowledge and his life continue to depend.


The ability to conceptualize also involved another crucial skill for early man that has been indicated above, and that is also central to Ayn Rand’s vision of a human being: the ability to project a goal in the future. With an effort of his will and a conscious decision, man’s ancestor was no longer a slave to the present. He had learnt to control and manage time. In fact, the first man who decided that he was going to use his evening to make tools for his tomorrow can perhaps be considered John Galt’s grandfather. He brought all his knowledge and ability to bear upon an action that was dictated by a productive goal as far into the future as he could possibly envision. He integrated his past knowledge with his present, and his present with his future, and he could not have done it any better. The lesson he taught his brothers was one that would eventually allow man to fire rockets to the moon. Though not yet man himself, he was mankind’s first hero.


All the heroes Ayn Rand created were rational human beings who set a productive goal for their respective futures as the central value of their lives, and then weighed their actions according to whether they helped them achieve their goal or whether they thwarted it. It was such human beings who consolidated early man’s position on this earth as the dominant species. After making tools for a hunt, someone invented tools to make other tools. Then someone organized his brothers to gather fuel for the night’s fire. Then someone decided that summer was when they should make some form of garments for the winter. Had it not been for such people, mankind would have either stagnated or gone extinct.


There are people who make the mistake of thinking that it was some kind of automatic instinct which led man to necessarily use the conceptual ability that he had acquired with his growing brain. In other words, they think that it was inevitable in an automatic sort of a way. However, there are enough people in today’s world to prove such a thought process wrong. Even now there are those who cannot project a future and work for it, who live range of the moment and don’t have a time sense further evolved than early man. Consider, as an example, any thug, hedonist or loafer. Strip these people naked, transport them back 500,000 years, and they would have lived like stagnant savages, and died at the first sign of trouble. This brings back yet another lesson learnt from Rand: ‘man has to be man by choice.’ Change the tense, and you have: ‘man had to be man by choice’. The fact that he exercised it is why the ancestor finally became man, as we know him now.


Thanksgiving season is still in the air; perhaps we should all offer our thanks to mankind’s earliest heroes!

‘Emerging India’ – The Same Old Story…

If you live in a country long enough, you observe qualities about its people, administration, culture, economics and the kind of life it offers. It is hard for any Indian to miss a certain predominant characteristic about their homeland: glaring contradiction. Technically, ‘contradiction’ is not a characteristic, but an identification of a particular kind of relation between different qualities. Nevertheless, as a concept it serves well to identify the haphazard mix of opposing and contrasting forces that are at play in this nation. At one level its leaders miss no opportunity to present it as an emerging superpower, at another level it has a poverty count comparable to sub-Saharan Africa; at one level there is talk of brilliant minds, at another level it presents a hollow education structure topped by a largely defunct university system; a concern in limited pockets about justice and the rule of law is mocked openly by vast tracts of utter lawlessness; an emerging business district flaunting promising towers of glass and concrete (read Gurgaon) stands at the end of unkempt, rickety roads strewn with potholes – one could go on, but it is not a very agreeable prospect.


Perhaps this is why it doesn’t come as a very remarkable surprise to anybody when they read a news item that says that Rs 204 crore of taxpayers’ money per annum has been feeding over 22,000 bogus employees in the Municipal Corporation of Delhi (MCD). An American would probably be shocked at the apathy with which such a news item is received. Of course, a system of unearned benefits is a long running tradition in India, courtesy its socialist background, and every time someone makes an attempt to overhaul such a structure, vehement protests follow (try removing any class from the ‘scheduled caste’ category).


The only way principled consistency can combine with sustained progress in India is if it accepts the principles of individual rights, rule of law and limited government, and its administration works sincerely to put these principles into practice. If this happened, one would not confront such a piece of news ever again.