by: Les Carpenter
Rational Nation USA
Liberty -vs- Tyranny
Adam Smith -vs- Ayn Rand. Capitalism was their common goal, the justification for achieving the ends of capitalism was their difference.
Based on pure logic and objectiveness Smith would have to concede to Rand.
Looking beyond the 18th, 19th, and 20th centuries, and post Soviet/Chinese/Southeast Asian communism, the debate is once again forefront and center.
Given the changing realities of modern western society how would you characterize capitalism today and what specifically would you suggest we ought modify or do differently?
For a insightful yet brief analysis of Smith and how his views might relate to the present please see taospeaks as you consider the foregoing.
There remains one thing abundantly clear. We as humans have yet to agree on the ultimate right solution. This is as it should be. Knowledge, growth, and ultimately achievement is NOT made by everyone always agreeing. Wouldn't you agree?
Cross posted at Left Coast Rebel