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by sp332
5636 days ago
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Rich people already have power. Trying to minimize their political power, in favor of a more "democratic" system, is just denying the reality that the rich are powerful. If the government antagonizes rich people, the rich will fight back economically until they get what they want anyway (with lots of collateral damage). On the other hand, if you give the rich political power to begin with, you are merely acknowledging that they have power. Then they can wield it more effectively, and (Ayn Rand hopes) society will be better off. Edit: Also, income inequality is no big deal if the rich aren't stepping all over the poor. As the article points out, the super-elite in Shanghai haven't stopped the middle class in China from exploding, and average income is growing strongly despite the financial crisis. The super-elite aren't hurting anything. |
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You can read that book in many ways.