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Tuesday
Mar272012

Pam Martens - Ayn Rand’s Nightmare is Today’s Wall Street

The high priestess of corporate deregulation and free markets, Ayn Rand, wrote a novella in the 1930s.  It was published in the U.S. in 1946 under the title, Anthem, by a corporate front group, a precursor to today’s astroturf groups.  Anthem is currently being pumped into high schools across the U.S. and Canada with financial inducements to both teachers and students by a corporate funded nonprofit that has the financial support of some of the largest hedge funds in the U.S.

The book presents a frightening dystopian world produced by the ever present Randian trademark – an out of control government.  People are known by numbers instead of names; individual rights have been eviscerated. To break the will of the individual, uttering the word “I” results in being burned alive in the  town square.  (Charming high school literature.)

What has happened today, however, proves that in a country dominated by powerful multinational corporations, Rand not only had the wrong target of big government in her cross hairs but the despotic enemy became the very deregulated market she helped design with acolytes like former Federal Reserve Board Chairman Alan Greenspan and her corporate cronies.

Read More:

http://www.counterpunch.org/2012/03/26/ayn-rands-nightmare-is-todays-wall-street/