• =?UTF-8?Q?Thomas_Piketty_Is_Right_Out_of_Ayn_Rand=E2=80=99s_Nightmar?=

    From (David P.)@21:1/5 to All on Tue Apr 19 08:16:12 2022
    Thomas Piketty Is Right Out of Ayn Rand’s Nightmare
    Letters, April 17, 2022, Wall St. Journal

    “All creations of wealth in history have issued from a
    collective process,” writes Thomas Piketty in his book
    “A Brief History of Equality” ( Tunku Varadarajan, Books,
    April 9). Arguing for aggressive redistribution of the
    spoils of capitalism, Mr. Piketty writes that this collective
    process includes the division of labor, the use of global
    natural resources, and “the accumulation of knowledge since
    the beginnings of humanity.”

    This recalls Dr. Floyd Ferris in Ayn Rand’s “Atlas Shrugged,”
    a dystopian novel. “A man’s brain is a social product. A sum of
    influences that he’s picked up from those around him,” Ferris
    says. “Nobody invents anything, he merely reflects what’s
    floating in the social atmosphere. A genius is an intellectual
    scavenger and a greedy hoarder of the ideas which rightfully
    belong to society, from which he stole them. All thought is
    theft. If we do away with private fortunes, we’ll have a fairer
    distribution of wealth. If we do away with genius, we’ll have a
    fairer distribution of ideas.”

    Dr. Ferris and Mr. Piketty are two peas in an equal-outcomes pod.
    It seems unfair, however, that Mr. Piketty is paid for ideas
    scavenged from fictional and all-too-real socialist dreamers who
    destroyed collective wealth faster than it was created.
    --Colin Walsh, Charleston, S.C.


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