21 responses to “Rand Unbound, Part 2”

  1. MBH

    Firefox 3.5.3.NETCLR3.5.30729 Windows Vista

    You bring her thinking alive.

    I’m hoping you’ll say more about generic universalism with specific pluralism. I’d like to know how that idea contrasts — if at all — with multiculturalism.

  2. MBH

    Firefox 3.5.3.NETCLR3.5.30729 Windows Vista

    If Rand’s concept of capitalism has no existing referent, then does that mean that her ideal is a “floating abstraction?” Oh. The irony.

    1. Neil

      Firefox 3.5.7.NETCLR3.5.30729 Windows Vista

      It may float a bit more than praxeological ideals, yet still not enough to get it too far off the ground.

    2. Shawn Huckabay

      Firefox 3.5.7.NETCLR3.5.30729 Windows XP

      A floating abstraction specifically refers to something that CANNOT have an existing referent. For example, if I came up with a design for a flying car, the fact that flying cars do not yet exist does not make my conception of a flying car a floating abstraction.

      1. MBH

        Chromium 4.0.249.43 Linux

        I agree. But that’s exactly why Rand’s ideal is a floating abstraction. She doesn’t distinguish between historical capitalism and ideal capitalism. Since they are mutually exclusive concepts, then to conceive of them together is to conceive of something that CANNOT have an existing referent.

      2. MBH

        Chromium 4.0.249.43 Linux

        If you wanted to, you could argue that in another possible world, ideal capitalism and historical capitalism coincide. But Rand — as far as I can tell — seems to imply that she’s talking about this world. And in this world, that’s not the case.

  3. Mike

    MSIE 8.0 Windows XP

    Bryan Caplan also comments on the article:

    http://econlog.econlib.org/archives/2010/01/pyramid_power.html

    1. MBH

      Chromium 4.0.249.43 Linux

      People still make these arguments? Really?

      1. Aster

        Firefox 3.5.7 MacIntosh

        Sadly, they do. And I just lost much of my respect for Bryan Caplan.

        Caplan’s citation of the Bell Curve is revealing enough, to say the least. I heard precisely the same kinds of arguments around my father’s dinner table, except with more emphasis that the justice of the marketplace has revealed Nature in the inferiority of women and brown people, rather than poor people. I’ve always found it strange that invocations of meritocracy almost always seem to come from people defending what are conventional rather than rational orders of merit, and it’s always about how the market rewards native superiority, rather than chosen or learned excellence.

        The mature Rand at least emphasised that the most important distinctions among men and women were between those who chose to think and aspire to greatness, and was often aware that those most hung up on unchosen superficialities such as race and parentage were those who had the least to be genuinely proud of. The trouble is that Rand advocated genuine meritocracy but combined it with a worshipful admiration for the American capitalist class – and her followers have embraced not her individualism but the classism she wrapped around it.

        1. MBH

          Chromium 4.0.249.43 Linux

          Well said.

    2. johanna

      Firefox 3.5.7 Windows XP

      Good lord … at least the comments at H&R made me laugh ….

      1. JOR

        Firefox 3.5.7.NETCLR3.5.30729 Windows XP

        I dunno. The guy who asked why Roderick hasn’t started a business, if he’s so smart, made me actually laugh out loud.

  4. Sheldon Richman

    Firefox 3.5.7.NETCLR3.5.30729 Windows XP

    Fantastic article. I have just one correction. I don’t prefer the term “socialism” for the free-market alternative. That would confuse people. What I’ve said is that in a linguistically ideal world, there would be two broad categories of political philosophy: socialism and statism. The freed market would be a form of socialism in that case.