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Showing posts from June, 2024

Role of Furies in preventing Roosevelt's reign turning into an oligarchy

The Great Depression of 1930 was a global economic downturn that began in the United States. This event is accompanied by many intriguing stories. In addition to its causes and consequences, one notable aspect is that Franklin D. Roosevelt was the longest-serving president in U.S. history. Opinions vary regarding the effectiveness of his presidency during the Great Depression. The Freedom Furies expressed concern that Roosevelt's administration could lead to an oligarchy, undermining the foundations of a free society. Ayn Rand, Isabel Paterson, and Rose Wilder Lane confronted Roosevelt’s policies by criticizing his restrictions on individual freedom, his approach to the market economy, and the excessive government intervention in both the economy and politics through their writings and campaigns.        Roosevelt is remembered in history as both a hero and a villain. He is known for his short-term measures and policies aimed at averting socioeconomic a...

Capitalism: Ludwig von Mises vs Ayn Rand

A man uses reason to create a product that quickly becomes highly successful in the market. Before long, he makes a fortune from his invention. However, just as he is about to enjoy his wealth, he is confronted with the burden of progressive taxes on his income. Much of his hard-earned money goes to the government in the form of arbitrary taxes, charity, and donations. Although he lives in a capitalist economy that allows him the freedom to spend his money as he wishes, he feels like a scapegoat for others' idleness. It seems to him that he is being robbed of his earnings to support the needs of others. The two great philosophers of capitalism—Ludwig von Mises and Ayn Rand—hold opposing views on altruism, government, and capitalism. Capitalism is a dominant socio-economic system that emerged after the decline of feudalism. In a capitalist system, most means of production are privately owned, and income is distributed through market operations. Generally, governments in capitalist e...

Similarities and Differences between Rand and Thoreau

Ayn Rand's objectivism s h ar ply contrast s wi t h Thoreau’s transcendentalism. While Rand a dv o cate s for a philosophy ro ot ed in materialism, Thoreau prom otes individualism with a mystical ele men t . H e rej e ct ed the soci e t al norms of his time, o pt ing to live a simple life in the woods to fully experience life in its most basic form.   Both Ayn Rand and Thoreau place great importance on nature within their philosophies. Nature is a vital part of the human experience, and studying it can provide valuable insights into humanity. This essay explores the similarities and differences in their perspective s on nature, philosophy, religion, and the role of the state. Nature is a fundamental concept in the philosophies of both Ayn Rand and Henry David Thoreau. Thoreau believed in the interconnectedness of the self and nature, viewing it as a source of identity for humanity. He saw nature as a source of inspiration, spiritual renewal, and a reflection of the inner self....