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Somewhere down the line we, as a society, became so profit obsessed that we turned a blind eye to the fact we were building a financial house of cards.
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I like the way the book explai My high rating of this book partially reflects the fact that I agree with it. The truth is the crime was systemic and we all, lefties and righties alike, allowed it to happen. The book lays the blame on the criminals those who perpetrated fraud by passing off stinky junk debt as secure, mortgaged-backed investments. My high rating of this book partially reflects the fact that I agree with it. So you wonder why environmental protections are going away? Why there are hundreds of parents separated from babies now incarcerated at the US/Mexican.border? Why thereis so much open,disdain for non-white races by white people? Well, it didn’t start with Rand, but it really took off when politicians and corporate “leaders” began to embrace Rand’s simple “theory” of selfishness (or anti-altruism) as a way of living life and creating less government (in order to give more money to the rich and the military (who, with the police, are expected to protect the wealth of the very rich from the starving poor and desperate immigrants). Or, Rand helped them justify and articulate their rapacious greed and for the rest of the 1%. There’s a through line from Rand to her disciple Alan Greenspan to the unbridled deregulatory “spirit” embraced by Paul Ryan/Mitch McConnell/Donald Trump?koch Bros. The short answer: Ayn Rand, a novelist and author of popular books such as Atlas Shrugged. Brit Cunningham takes a particular look at the American (but simultaneously British) turn to the Far Right thirty years or so ago and asks how it got its jump start. For those of you who skip over the business section of the newspaper as I most often do, this comics non-fiction book provides a concise explanation in entertaining and yet thoughtful fashion, (not as nasty as he might write it today) of how we got to where we are, with a major stop at one of the most serious recessions in recent history. “I made a mistake in presuming that the self-interests of organizations, specifically of banks and others, were such that they were capable of protecting their own shareholders and their equity in the firms”-Alan Greenspan, before a 2008 US House Committee It’s time we rejected this selfish philosophy”-Cunningham Taxation is the price we pay for civilization. Selfishness is not a virtue.Altruism is not a moral weakness. For those of yo Major takeaway: “Ayn Rand was wrong. It’s time we rejected this selfish philosophy”-Cunningham “I made a mistake in presuming that the self-interests of organizations, specifically of banks and others, were such that they were capable of protecting their own shareholders and their equity in the firms”-Alan Greenspan, before a 2008 US House Committee This book is terrific.
THE AGE OLD PHILOSOPHICAL QUESTION ARE TRAPS GAY MEME SERIES
Tackling the complexities of economics by distilling them down to a series of concepts accessible to all age groups, Cunningham ultimately delivers a devastating analysis of our current economic world.more Cunningham also shows how right-wing conservatives, libertarians, and the Tea Party movement have co-opted Rand’s teachings (and inherent contradictions) to promote personal gain and profit at the expense of the middle class. and in Europe, and how her philosophy continues to affect today’s politics and policies, starting with her most noted disciple, economist Alan Greenspan (former chairman of the Federal Reserve). Cunningham uses Rand’s biography to illuminate the policies that led to the economic crash in the U.S. and in Europe, and how her philo Tracing the emergence of Ayn Rand’s philosophy of objectivism in the 1940s to her present-day influence, Darryl Cunningham’s latest work of graphic-nonfiction investigation leads readers to the heart of the global financial crisis of 2008. Tracing the emergence of Ayn Rand’s philosophy of objectivism in the 1940s to her present-day influence, Darryl Cunningham’s latest work of graphic-nonfiction investigation leads readers to the heart of the global financial crisis of 2008.