Showing posts with label conservatives. Show all posts
Showing posts with label conservatives. Show all posts

07 March 2010

Leftists and Evangelicals Make Excellent Bedfellows

“Hmm. Imagine if sodomy laws could be used to punish the stingy, unconcerned rich!”

So writes popular columnist Nicholas Kristof in a recent New York Times article. Lest you think he is poking fun at religious conservatives, however, as one might expect from a left-of-center Times columnist, think again. Kristof does not write it as tongue-in-cheek parody but pines for it with a yearning, dreamy bliss. If faith-based laws can be placed in the service of a traditionally leftist agenda – namely, soaking those who produce wealth – so much the better for Nicholas Kristof.

Setting aside the fact that he would actually favor such a manifestly irrational and unjust policy, Mr. Kristof’s overall argument is right on target. He demonstrates insight that few of his colleagues seem to have when he notices that alleged political enemies – Democrats and “liberals” on the one hand, Republicans and religions conservatives on the other – have much in common and are largely fighting on the same side. He writes:

[T]he divide has dissolved, in ways that many Americans haven’t noticed or appreciated. Evangelicals have become the new internationalists, pushing successfully for new American programs against AIDS and malaria, and doing superb work on issues from human trafficking in India to mass rape in Congo . . .

A growing number of conservative Christians are explicitly and self-critically acknowledging that to be “pro-life” must mean more than opposing abortion.[Note 1.]

To be “pro-life” in this sense means to sacrifice all humanity, not just pregnant women, on the altar. Which altar? That is where disagreement is introduced; some think God or Allah demands their servitude, while others think it is the nation, race, species, planet, or class. Kristof exhorts his fellow “liberals” to put aside these differences and temper their snobbishness toward evangelicals. After all, he writes, “those doing the sneering typically give away far less money than evangelicals,” and are “less likely to spend vacations volunteering at, say, a school or a clinic in Rwanda.” Stop flaying conservatives as mere knuckle-dragging, gay-bashing hypocrites, advises Kristof, when they can be adopted as allies committed to the grand humanitarian goal of universal, voluntary slavery. Similarly, religious conservatives should not hesitate to jump into bed, figuratively speaking, with those contemptibly effete, bleeding-heart save-the-worlders whom they despise; they are, after all, doing God’s work.

I have long argued that for all their superficial differences, the political left and right share the same essential moral foundation. The left sees the right as ignorant, homophobic fascists and the right sees the left as Godless, iconoclastic socialists. But they agree on one thing: all men ought to live their lives in servitude to the needy. The moral underpinning of both conservatives and “liberals” is altruism.

Observe the “debate” over the legislation that threatens the medical care industry today. The Democratic agenda is unambiguously driven by the morality of need. Leftists do not even bother to hide behind lip-service; the justification for the federal government taking over the already over-regulated health care industry is that some people can’t afford the same level of health care as others. Period. The so-called “liberals” assume that “everybody knows” health care is a right, and they need not elaborate upon so uncontroversial a notion.[Note 2.]

What is the Republican opposition to this? Scott Brown, whose recent election in Massachusetts was widely seen as a rebuff of a heavy-handed Congress and Obama administration (and for whom I myself voted for exactly that purpose), believes “all Americans deserve health care coverage.”[Note 3, emphasis mine.] He voted for and still favors “Romneycare” in Massachusetts, an outrageous compulsory insurance plan that is a precursor to “Obamacare.” Such an obscene violation of individual rights, such a naked redistribution of wealth, such a sacrifice of those who have earned to those who have not, is okay, according to Senator Brown, as long as it is not the “one-size-fits-all” plan of President Obama. Behind empty and contradictory platitudes about “private market systems,” Brown and his conservative colleagues cannot escape the gravitational pull of their moral premises. Altruism infests and informs the policies of all parties today - left, right, and center.

___________

As has been pointed out by others, the reason Americans are trapped and paralyzed, frozen into passive compliance as we plunge into serfdom, cannot possibly be because they are wholly ignorant of the superiority of capitalism to socialism. Outside of academia and Hollywood, no sane, sentient person in the modern world could think the facts of history show socialism and collectivism to produce wealth while capitalism and individualism lead to poverty. The primary explanation for the willingness of Americans to sacrifice themselves - to surrender happiness for misery, prosperity for privation - has to be because they think it is moral to do so.

The disaster here is not that Americans are driven by moral concerns, which is a good thing, but what Americans have accepted as being moral. From birth, we are bombarded with the mantra that “Selfishness is wrong,” and scolded with the universal and unquestioned dictum, “Don’t be selfish!” - despite the fact that all life, especially human life, demands the opposite. What Americans need to do is cease to swallow whole the morality of sacrifice and see that altruism is the very opposite of “pro-life.” Altruism, as Ayn Rand wrote, “holds death as its ultimate goal and standard of value - and it is logical that renunciation, resignation, self-denial, and every other form of suffering, including self-destruction, are the virtues it advocates.”[Note 4.]

I happen to be re-reading Atlas Shrugged and I just came upon a passage that captures the essence of this paralysis, this hesitation of Americans to defend their own lives and liberty. In the novel, Orren Boyle, a villainous businessman who is perfectly willing to play the “pull-peddling” games that arise when the government intrudes into economic matters, makes his choices according to the prevailing ethics - from which we can see the indirect effect upon an economy already crippled by such choices.

Orren Boyle made a selfless sacrifice to the needs of others. He sold to the Bureau of Global Relief, for shipment to the People’s State of Germany, ten thousand tons of structural steel shapes that had been intended for the Atlantic Southern Railroad. “It was a difficult decision to make,” he said, with a moist, unfocused look of righteousness, to the panic-stricken president of the Atlantic Southern, “but I weighed the fact that you’re a rich corporation, while the people of Germany are in a state of unspeakable misery. So I acted on the principle that need comes first. When in doubt, it’s the weak that must be considered, not the strong.” The president of the Atlantic Southern had heard that Orren Boyle’s most valuable friend in Washington had a friend in the Ministry of Supply of the People’s State of Germany. But whether this had been Boyle’s motive or whether it had been the principle of sacrifice, no one could tell and it made no difference: if Boyle had been a saint of the creed of selflessness, he would have had to do precisely what he had done. This silenced the president of the Atlantic Southern; he dared not admit that he cared for his railroad more than for the people of Germany; he dared not argue against the principle of sacrifice.[Note 5, emphasis mine.]

Americans must question the premises that would have us don our own yokes . . . before it is too late.


NOTES

1. “Learning From the Sin of Sodom,” Nicholas Kristof, The New York Times, 27 Feb 2010, http://www.nytimes.com/2010/02/28/opinion/28kristof.html.

2. On this topic of the alleged “right” to health care, I highly recommend these articles:

Leonard Peikoff, “Health Care is Not a Right,” Capitalism Magazine, 27 Dec 2006, (http://www.capmag.com/article.asp?ID=4880).

John David Lewis, “What ‘Right’ to Health Care?” RealClear Politics, 3 Aug 2009, (http://www.realclearpolitics.com/articles/2009/08/03/what_right_to_health_care_97742.html).

Paul Hsieh, “Health Care Reform vs. Universal Health Care,” PajamasMedia, 5 May 2009, (http://pajamasmedia.com/blog/health-care-reform-vs-universal-health-care/).

Richard Ralston, “Orange Grove: Wrong way to think of rights,” The Orange County Register, 19 Oct 2009, (http://www.ocregister.com/articles/right-215397-government-care.html).

3. “Scott Brown and the debate over health care,” The Economist, 19 Jan 2010, (http://www.economist.com/blogs/democracyinamerica/2010/01/scott_brown_and_debate_over_health_care).

4. Ayn Rand, “The Objectivist Ethics,” The Virtue of Selfishness, Signet, New York, 1964, p. 38.

5. Ayn Rand, Atlas Shrugged, Plume/Penguin Group, New York, 2005 (originally 1957), p. 499.

UPDATES
I fixed a minor usage error.

21 July 2009

Beware Trojan Horses

I want to call attention to a couple of excellent blog posts related to the ominous seeping of religion into the United States.


The first is  “Portland’s Unholy Alliance of Evangelicals and Progressives,” by C. August at Titanic Deck Chairs.  The article notes the recent incursion of evangelical Christianity into one of the most left-leaning, “progressive” cities in America: Portland, Oregon.  That the evangelicals are “less preachy” than is typical may help them deliver their message to a largely secular audience, but C. August puts his finger on a more fundamental reason.  The deeply religious are gaining a foothold in this secular city because of the intellectual and moral vacuum of modern “liberalism.”  With no strong philosophical grounding of their own, the secular left gives way to the zealous newcomers.  Furthermore, the altruism at the heart of Christianity is completely consistent with the left’s statist policies, so this is a natural alliance.


Another great article is actually a series of posts by Elan Journo of the Ayn Rand Center for Individual Rights.  In part 1 of “D’Souza’s Trojan Horse,” Mr. Journo identifies the outrageous tenor of Dinesh D’Souza’s book, The Enemy at Home, and sees beneath the contorted logic and outright falsehoods (which are bad enough) an insidious agenda: "a thinly disguised attempt to establish religion as the central integrating principle of American society.”  In part 2 of the article, Mr. Journo captures the essence of D’Souza’s viewpoint, which differs from jihadist Islam only in degree, not in kind.  Future installments of the article are forthcoming.


Both pieces highlight a point that I have been emphasizing in my posts; both conservatives and “liberals” are anathema to liberty.


19 July 2009

Caritas in Veritate: A Manifesto for the Right and Left

In martial arts, a basic principle of dealing with two simultaneous attackers is to maneuver oneself so that they are both in view in one direction: in front or to one side.  To be confronted by two enemies at once is problem enough, but to be between them is exceptionally difficult - one’s attention is split, and it is necessary to continually shift focus from one attacker to the other.  It is the same in military affairs.  A war is more difficult when it is fought on two fronts.  An army’s resources are divided and spread thin, and if the attacking enemies have dissimilar natures, an effective repulsion may require different strategies and equipment for each enemy even when one’s fundamental defensive principles are constant.


I introduce this concept because it holds to some degree in the realm of ideas.  If Pope Benedict XVI is going to throw his intellectual weight over to the political left, as he has done with his released encyclical, Caritas in Veritate, then he is doing us, the defenders of reason, a service.  As the premier religious leader of the world and infallible composer of Roman Catholic doctrine and opinion, the pope surely qualifies as an intellectual representative of religion in general - of what we would call conservatism or the “religious right” in America.[Note 1.]  We have come to understand the intellectual foe of the pope and Church to be the political left, consisting of modern “liberalism,” “progressivism,” multiculturalism, relativism, subjectivism.  


So, it is significant that Pope Benedict XVI’s Caritas in Veritate is essentially a socialist manifesto.  In it, the pope has faithfully articulated the platform for a worldwide, paternalistic welfare state.


Our enemies are consolidating.  The political right and left are, in many ways, starting to line up on one side; the two fronts in our intellectual war are converging.  While modern “liberals” and conservative claim to be opposed to each other, they reveal through their actions their common root: altruism, which requires the sacrifice of the individual to the group.  This consolidation might make it a little easier to convince minds that for the free world to be saved, the fundamental philosophical choice is not between right and left, but between reason and anti-reason.


This mingling of left and right is indicated in the very title - the theme and motivation of the encyclical: Caritas in Veritate.  (Charity in Truth.)  The pope’s explanation for this concept is contained in a relatively murky passage early in the document.[Note 2.]  The passage is difficult largely because it takes some practice to glean the new meanings of words that are otherwise familiar.  For instance, truth for the Church does not mean the quality or state of being a fact of reality.  It refers to facts or revelations from God; truth really means revealed, doctrinaltruth,” or Truth with a capital T (though it is not generally capitalized in the text).   Similarly, charity is not confined to its common meaning of voluntary giving, but seems to be a social duty and responsibility “at the heart of the Church’s social doctrine,” replete with economic and political mandates.


The motivation for issuing the encyclical seems to be that the pope is concerned that charity, in the modern world, is divorced from truth - that is, a subjective view of charity strips it of moralityTruth, to remind the reader, is “revealed truth”; charity is the duty of a citizen in the welfare state.  Thus, roughly speaking, the encyclical rescues charity (international socialism) by propping it up with truth (religious faith).


The parade of left-leaning policies in Caritas in Veritate is relentless and comprehensive.  The document, though lauding the principle of property redistribution expressed in the 1891 Rerum Novarum, considers mere redistribution to be old-fashioned, “insufficient to satisfy the demands of a fully humane economy.”  It is the 1967 Populorum Progressio that first introduced the truly international, all-embracing socialism that Caritas in Veritate advances, urging the State to “convince [men] that they must accept the necessary taxes on their luxuries and their wasteful expenditures in order to promote the development of nations and the preservation of peace.”[Note 3, emphasis mine.] 


As is typical of the left, Caritas in Veritate rails against “inequalities” of wealth, “consumerism,” and “superdevelopment.”  The raison d’etre of work is not to produce but to provide a man with a wage, dignity, and a comfortable retirement; the purpose of creating wealth is to deliver aid to the poor in developing countries.  The encyclical expresses a “strongly felt need” to reform the United Nations “so that the concept of the family of nations can acquire real teeth” - teeth apparently being the apt tool to hand to an organization half composed of thuggish dictatorships.  Justice is upheld not by institutions that defend property rights, but by institutions that distribute wealth to the poor.  The environment is an intrinsic value that must not be “abused” by productive men.  The financial sector must be regulated to “safeguard weaker parties,” who are “exploited” by greedy capitalists.  But these same greedy capitalists should “promote new ways of marketing products” from countries that produce little or nothing of value, “so as to guarantee... a decent return.”  Wealthy nations have no right to “stockpile” energy while poor nations lack the ability to produce their own, just as wealthy individuals have no right to consume what they earned while there are hungry bellies in the world. 


Above all, the encyclical holds an utter contempt for the individual - a contempt made all the more insidious by the occasional lip service it pays to rights and freedom.  The document explicitly emphasizes the inseparability of “life ethics” and “social ethics.”  Every obligatory mention of “freedom” and personal “development” (obligatory because without them the Church would not be able to plausibly maintain its charade of standing for freedom) is subverted by the “transcendent” command to serve God and humanity.  Pope Benedict XVI echoes Pope Paul VI: the purpose and duty of exercising one’s freedom consists of service.  The primary goal of this earthly life is “rescuing peoples, first and foremost, from hunger, deprivation, endemic diseases and illiteracy.”  Note the unambiguous emphasis on the standard of value: others.  The paradise of the Church is not one in which every man lifts himself from poverty and squalor, but one in which every man lifts his neighbor.  For the Church, man must be free; free to serve.


To be sure, the encyclical peppers its socialist advocacy with enough assertions and denials to provide cover lest it be accused of being the socialist manifesto that it is.  It claims, for instance, that its notion of development “presupposes the responsible freedom of the individual.”  It warns of cultural relativism, insists upon religious freedom, and admires technology.  But none of this changes the overarching theme: that to be a human is to serve the common good.


In an article of this scope, it is impossible to enumerate and discuss all the examples of leftist policy advanced by Caritas in Veritate, but I have included a handful of excerpts in the notes.  (See Note 4.)


It becomes more clear as time goes on that the alleged opposites of the secular left and the religious right are not opposites at all... and more importantly are not the only choices.  A third choice exists, a view that neither dispenses with morality (as do the modern “liberals”) not plants it in a supernatural dimension (as do the conservatives).  This view regards reason as an absolute, rejects faith completely, holds morality to be an essential, life-sustaining code of values based in reality, and for precisely these reasons, defends each man’s right to his life, the property he earns, the freedom of his thoughts and actions, and the pursuit of his own happiness.  


If the socialist underpinnings of Pope Benedict XVI’s manifesto help to make clear that both the left and the right are enemies of freedom, then I welcome his words and beg him to keep talking and writing until thinking people grasp his real meaning.




NOTES

1.  It’s true that conservatism and the religious right are driven also by Protestantism (especially Evangelical Christianity), which is often at odds with Catholicism.  Nevertheless, the general shift to the political left that I describe in this article applies to many of the Protestant sects as well, so my point remains the same.

2.  “Encyclical Letter Caritas in Veritate: Of the Supreme Pontiff Benedict XVI to the Bishops Priests and Deacons Men and Women Religious The Lay Faithful and All People of Good Will,” 2009.  Unless otherwise noted, all quotes in the article are from this document.  Italics in the quotes are in the original, but bold emphasis is mine.

3.  “Populorum Progressio: Encyclical of Pope Paul VI on the Development of Peoples,” 26 Mar 1967.

4.  Below are a few selected quotes from Caritas in Veritate:


“Hunger is not so much dependent on lack of material things as on shortage of social resources, the most important of which are institutional. What is missing, in other words, is a network of economic institutions capable of guaranteeing regular access to sufficient food and water for nutritional needs...”


“It is therefore necessary to cultivate a public conscience that considers food and access to water as universal rights of all human beings, without distinction or discrimination.


“Economic activity cannot solve all social problems through the simple application of commercial logic. This needs to be directed towards the pursuit of the common good... Therefore, it must be borne in mind that grave imbalances are produced when economic action, conceived merely as an engine for wealth creation, is detached from political action, conceived as a means for pursuing justice through redistribution.”


“Economy and finance, as instruments, can be used badly when those at the helm are motivated by purely selfish ends.”


Economic life undoubtedly requires contracts, in order to regulate relations of exchange between goods of equivalent value. But it also needs just laws and forms of redistribution governed by politics, and what is more, it needs works redolent of the spirit of gift.”


“Hence it is important to call for a renewed reflection on how rights presuppose duties, if they are not to become mere licence.


“...the natural environment is more than raw material to be manipulated at our pleasure; it is a wondrous work of the Creator containing a ‘grammar’ which sets forth ends and criteria for its wise use, not its reckless exploitation.”


“In the search for solutions to the current economic crisis, development aid for poor countries must be considered a valid means of creating wealth for all.”


10 March 2009

Ted Kennedy’s Down Payment

About a week ago, a Boston Globe article noted a somewhat surprising admission by Republicans. At least a few conservatives are recognizing their own party’s culpability in the headlong drive toward universal serfdom in America:


Sure, President Obama is moving toward nationalizing the banks, conservatives grumbled at their annual conference here [in Washington] this weekend. But former President Bush started it, they noted testily, with his $700 billion Wall Street bailout package.


“Sadly, our former president propelled America to socialism - all the way to third base,” with Obama set to bring it home, said conservative columnist Deroy Murdoch. “Our side emerged with neither principle nor power.” [Note 1, emphasis mine.]


I agree with this, though I would say the Republicans “started it” long before last fall’s bailout.


For instance, it was back in 2003 when Republicans initiated and eventually pushed through the prescription-drug bill. “When we get this as a down payment,” said Senator Edward Kennedy, “we’re going to come back again and again and again and fight to make sure that we have a good program.”[Note 2, emphasis mine.] The “we” in this quote, of course, refers to the left-leaning technocratic elite who believe that government compulsion is the answer to every problem, and the “again and again and again” is an apt description of the pummeling America is taking now that this elite wields power. Why didn’t conservatives recognize then that they were doing the job of their alleged opponents?


And lest we be tempted to blame this entirely on George W. Bush, we may go back still further to notice that government spending increased dramatically under the first President Bush and his predecessor Ronald Reagan. (Interestingly, the only intervening Democrat, Bill Clinton, slowed the increase in spending and oversaw significant welfare reforms.) President Reagan in particular was hailed as being the champion of limited government, yet as philosopher Harry Binswanger pointed out on his private email list, far from cutting the budget when he rode in on his election mandate, Mr. Reagan actually proposed a 6.1% increase.


So, why do conservatives give lip service to freedom and limited government, yet fail to actually act accordingly?


The reason is that conservatives cannot escape the logic of their own fundamental premises. Morally, they share the same basic code as the so-called liberals: altruism. The political right may differ from the political left in the particular programs that they advance, but they are in complete agreement that men must serve something “larger than themselves.” For Republicans, it is a supernatural God; for Democrats, it is a secular godhead, such as society or the state.


It is impossible to consistently defend liberty and capitalism on sacrificial grounds. Freedom is inherently selfish - freedom means: freedom for the individual. By “selfish,” of course, I mean not the hedonistic, range-of-the-moment type of selfishness that is commonly connoted, but the long-range, rational self-interest that every human being must exercise to live and flourish.


As long as they hold an adherence to “traditional values” instead of a respect for individual rights as a rationale, conservatives will fail to make their case for capitalism. From “Reaganomics” (which advocated lower taxes not on the grounds that it reduced rights violations, but because it would help to “trickle” the wealth to all) to “compassionate conservatism” (which explicitly bound government activities to religious goals), conservative policies will inevitably erode liberties. Even when sincere emphasis is given to the free market, individual responsibility, and other aspects of liberty, when pressed, the conservative cannot bring himself to say that the reason capitalism is moral is because it permits him to seek his own happiness.


Until and unless the Republicans completely reject sacrifice as a moral ideal, they will simply pave the way for their leftist opponents.



NOTES

1. “Reeling conservatives assess damage,” Boston Globe, 1 Mar 2009, p. A9.

2. Transcript from Judy Woodruff’s Inside Politics, CNN, 18 Jun 2003, http://transcripts.cnn.com/TRANSCRIPTS/0306/18/ip.00.html.

3. See “2008 Federal Revenue and Spending Book of Charts,” Heritage Foundation, http://www.heritage.org/research/features/BudgetChartBook/index.html


06 December 2008

Keep Your Friends Close, And Your Self-Proclaimed Allies As Distant As Possible

After publishing the introduction to my series on the Prager essay, I thought of a pair of current events that illustrate what I meant when I wrote, "An enemy who is an avowed antagonist is usually less dangerous than an enemy who claims to be an ally."


In virtually all media outlets, we have the obscene spectacle of the recent financial crisis being blamed on... you guessed it: the “unrestrained excesses” of the free(!) market.  Why?  Because George W. Bush and the Republicans are in charge, and Republicans are allegedly "pro-business" and "pro-free market."  The facts of reality - that the Republicans have long abandoned any pretense of their limited government principles, and have engaged in an orgy of spending and re-regulation (which they farcically called deregulation) - do not come into play. 


I am convinced that we would be in much better shape today if Republicans had been entirely out of power for the last couple of decades.  I do not mean that we would not have financial troubles - the Democrats would certainly have imposed their own destructive policies - but there would have been much less of a pretext to blame the inevitable problems on individual liberty and too little government intervention.  The long association of conservatives with the free market, as unfounded as that association is, renders the conservatives the dread enemies of capitalism, much worse than progressives or so-called "liberals" who are overt, unapologetic antagonists to liberty.


A still more specific (and virulent) example of this principle is in Alan Greenspan's recent mea culpa, in which he threw capitalism under the bus in a stunningly dishonest betrayal of freedom.  Greenspan’s youthful association with Ayn Rand (long before his involvement with the Federal Reserve) has been used as a stick to beat the notions of a limited government, the virtue of self-interest, and an unrestrained free market.  Never mind that the Federal Reserve is itself a grotesque contradiction to liberty and capitalism; with Greenspan the “capitalist” at the helm, it must follow from the perverse logic of association that his every whim and utterance was an application of reason.  We would have been better off with Paul Krugman running the Fed.


I highly recommend reading Harry Binswanger’s excellent article, “Alan Greenspan vs. Ayn Rand and Freedom,” which thoroughly debunks the absurd notion that Alan Greenspan was an advocate of liberty, and especially that he was in any sense a mouthpiece of Ayn Rand’s ideas.  I wish I could remember where I saw it so I could give proper attribution, but someone perceptively wrote that Ayn Rand would have had but four words to say to Alan Greenspan: “I told you so.”



NOTES

1.  Harry Binswanger, “Alan Greenspan vs. Ayn Rand and Freedom,” http://www.capmag.com/article.asp?ID=5353, 7 Nov 2008.


UPDATES

I found the “I told you so” reference I mentioned.  It was in a letter to the editor of The Toronto Star, from a certain Paul McKeever.  The link to the page is here, and the full text of Mr. McKeever’s letter, along with another excellent one by Mark Wickens on that same page, is reprinted below.



Alan Greenspan's primary role, as head of the federal reserve, was to regulate the rate at which the supply of American dollars grew. With Greenspan at the helm, the government intervened in the economy. That government intervention facilitated and encouraged easy credit, bad loans and bankruptcies.

Such government intervention, together with the added intervention of bailing out banks with taxpayer earnings, is all contrary to the laissez-faire capitalism that Ayn Rand, the author of Atlas Shrugged, impressed upon Greenspan in his youth.

Condemning Greenspan and government intervention for the hardship now being felt by many is fair game. Condemning Ayn Rand and anti-interventionist admonitions is not. Were she alive today, her words would be "I told you so."

Paul McKeever, Leader, Freedom Party of Ontario, Oshawa

Whether he admits it or not, Mr. Greenspan abandoned Ayn Rand's philosophy in 1987 when he accepted the job of U.S. Federal Reserve Board chairman – i.e., of chief governmental dictator of interest rates. Such a position would not exist in a government that abided by Rand's principles. The financial crisis we are witnessing today is not a refutation of her ideas, but a sadly eloquent confirmation of them.

Mark Wickens, Toronto