If she was not already disproven before, then she was in 2008, when even Greenspan was speachless confronting the magnitude of the disaster that the ultra-market-liberal ideology had caused.
Being forced to lend to borrowers who could never repay is not a symptom of a free market. The debt-crash would be a prime example of the problem Rand argued against.
Corporatism (corporate-crony payoffs) are a disease which requires a powerful State. End the Fed, decentralize and shrink the federal gov't and encourage competition, small enterprise and see prosperity. Gov't handouts are addictive and destructive.
Comments
If she was not already disproven before, then she was in 2008, when even Greenspan was speachless confronting the magnitude of the disaster that the ultra-market-liberal ideology had caused.
Being forced to lend to borrowers who could never repay is not a symptom of a free market. The debt-crash would be a prime example of the problem Rand argued against. Corporatism (corporate-crony payoffs) are a disease which requires a powerful State. End the Fed, decentralize and shrink the federal gov't and encourage competition, small enterprise and see prosperity. Gov't handouts are addictive and destructive.