Brooklyn Roberts

Ayn Rand: Producers vs. Looters

Great article in the Christian Science Monitor about Ayn Rand and the concept of producers vs. looters. Don Watkins and Yaron Brook draw the connection between Rand's Hank Reardon and Orren Boyle and modern companies like Apple and GM.

The producers, such as Hank Rearden, inventor of a new metal stronger and cheaper than steel, work tirelessly to create products that improve human life. The looters are basically pseudobusinessmen, like the incompetent steel executive Orren Boyle, who get unearned riches by getting special favors from politicians. Their business isn’t business, but political pull.It is the producers who make life possible: who keep grocery shelves stocked; who discover new lifesaving drugs; who make computers faster, buildings taller, and airplanes safer.The looters, on the other hand, leech off the wealth created by producers.The novel rejects the widespread notion that both the producer Reardens and the looter Boyles are fundamentally united by a desire for profit. Only the Reardens, she argues, deserve to be called profit-seekers, because they earn rewards through productive effort; the Boyles are antieffort parasites seeking unearned loot.But it’s not only unearned wealth the looters want. In “Atlas Shrugged,” Boyle uses his influence to throttle Rearden with progressively harsher government controls and regulations, because he can’t survive except by hindering the competition.Producers, however, don’t need special favors, only freedom: the freedom to produce, to trade voluntarily, and, if they succeed, to keep the profits. As a country becomes less free, it creates and unleashes more and more Boyles, who succeed at the expense of the Reardens.America, today, is still a land of producers. Our country is full of industrialists, managers, and financiers who display the ruthlessly high standards, exceptional intelligence, and extraordinary work ethic that are characteristic of a producer.

Watkins and Brook have a dim, but realistic outlook on the state of today's economy:

But the Boyles are on the rise, growing fat on bailouts, handouts, and other sundry opportunities for political profiteering. For every producer like BB&T bank’s John Allison, who opposed Washington’s bailouts and was forced to accept government money, there seem to be 10 like former General Motors CEO Rick Wagoner, demanding tax dollars to prop up their failing companies.

If the President and Congress continue on the same path we're on now, we may very well meet the end played out in Atlas Shrugged. At some point, the producers will lose their will to produce and the looters will no longer have anything left to loot. We must hope for change in 2012!

0 Comments
© 2009 Brooklyn Roberts The views expressed on this blog are not endorsed by Eagle Forum of Alabama. These are my own personal thoughts and opinions and should not be in any way construed as statements made by the organization. Contact Me