Businessmen vs. Pseudo-businessmen — VOICES for REASON

In the Christian Science Monitor, Don Watkins and Yaron Brook draw on Atlas Shrugged to illuminate a crucial difference between two opposite kinds of businessmen in our economy:

The producers, such as Hank Rearden [a character in Atlas Shrugged], inventor of a new metal stronger and cheaper than steel, work tirelessly to create products that improve human life. The looters are basically pseudobusinessmen, like the incompetent steel executive Orren Boyle, who get unearned riches by getting special favors from politicians. Their business isn’t business, but political pull.

The CSM titled the piece “Apple vs. GM: Ayn Rand knew the difference. Do you?” It’s a good oped that sheds light on how government intervention in the economy distorts the behavior of businessmen.

Read the whole thing.

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