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

Comments

  1. AnonymousSun Dec 02, 07:16:00 PM EST

    Thank you for the mention.

    I think you might find this a better source for how Ayn Rand and Adam Smith differ.

    http://www.forbes.com/2009/11/03/where-ayn-rand-went-wrong-opinions-columnists-shikha-dalmia.html

    ReplyDelete

Post a Comment

RN USA no longer accepts comments. The information presented is for reflection, contemplation, and for those seeking greater understanding and wisdom. It is for seekers and those with an open mind and heart.

Namaste


Top Posts

Is It Time For Americans Supporting Hillary's Candidacy To Rethink Their Position?...

Rational Nation U S A Purveyor of Truth Yesterday the FBI, following a yearlong investigation of HRC's e-mails and her use of private servers, decided not to refer criminal charges to the DOJ, thus playing into the hands of the Trump campaign's claim that the system is rigged. Here, in summary, is what FBI Director Comey acknowledged. Edited for clarity. She did not, as she claimed, turn over all her work-related messages for release. Her private email server did carry classified emails, also contrary to her past statements. Clinton used many devices to send and receive email despite her statements that she set up her email system so that she only needed to carry one. The facts, uncovered by the FBI are as follows. Again edited for clarity The FBI identified at least 113 emails that passed through Clinton's server and contained materials that were classified at the time they were sent, including some that were Top Secret. Clinton has separately clung ...
Read more

Mind, Memory & The Multiverse: What is Reality?...

Image
   When fascism came to America it  came clutching a bible and waving the flag.  On January 20, 2025. When you run after your thoughts, you are like a dog  chasing a stick: every time a stick is thrown, you run after it. Instead, be like a lion who, rather than chasing after the stick, turns to face the thrower. One only throws a stick at a lion once. Milarepa   “Just as it is k  na  nown t hat an image of one's face is seen d epending on a mirror b ut does not really exist as a face, s o the conception of "I" exist d ependent on mind and body, b ut like the image of a face t he "I" does not at all exist as its own reality."    Nagarjuna "Thanks to impermanence, everything is possible.   Nagarjuna
Read more

The Truth About Texas Governor Rick Perry...

Image
by: Les Carpenter Rational Nation USA Birthplace of Independent Conservatism Liberty -vs- Tyranny Rick Perry , the new "hot" candidate of the Tea Party , has intrigued me since he hit the national scene and declared his candidacy for the republican nomination for President. Mr.Polish has been selling himself as the conservative alternative to President Obama and business as usual in DC. But is Mr. Polish really a conservative with proven bona fides? Me thinks not. In fact as my research progressed it became clear Mr. Polish is much more the big government profligate spender and corporate kinda guy {read corporate whore} than I originally suspected. Some of Mr. Polish's most severe critics actually come from the fiscally conservative right. A right I willingly take credit for being a part of. What I find most befuddling is how anyone with a modicum of understanding of what true conservatism is can be fooled by Mr. Polish. Given my skepticism of Mr. Polis...
Read more

An Open Letter to My Father and Mentor

The following is a repost of an open letter I wrote five months ago explaining my rationale for defining myself as a " true independent conservative ."  Out of this letter came my  Conservative Manifesto . While I have dropped the adjective true, as its use is subjective, the essence of my self described " independent conservatism" remains intact and defines my politics if you will, and my basic philosophy of governance. On the heals of recent accusations made with respect to my principals and beliefs by one who objects to my individualism I felt it appropriate to run this again. I am sure the person who referred to me as a "Brown Shirt", and a "Right Wing Reactionary" among other false identifiers still won't get it. And the purpose is not to try and change the mind of this individual. It is to hopefully reinforce the principals that I believe made this nation the greatest on earth. And now, "An Open Letter To My Fath...
Read more

Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"

Image
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely ...
Read more

When and How Will it End?

Image
by: Les Carpenter Rational Nation USA Birthplace of Independent Conservatism This is America. We are an English speaking nation. We have distinct and traditional American cultural values. We have some Americans in our population who have difficulty speaking a coherent sentence. We have many who cannot construct a complete and proper sentence. Yet we find the time and the money to educate youth in Arabic and Arabic culture. Mind you this is a Federal Grant program and limited to only five select school districts. At least for now. At a cost of 1.3 millions dollars students on these select district will be required,  you heard {read} right, required as mandatory part of their curriculum to learn Arabic. This is a blatant abuse of taxpayer money, and it is indicative of the future course our nation has embarked upon under the fuzzy, misguided, and incredibly deceitful anti leade...
Read more

Another Reason (Of Many) That RINO Hacks John Boehner and Eric Cantor Need to Go

Image
Cross-posted at the Left Coast Rebel The Washington Post has it that " GOP Leaders Rebuked on Spending; " Politico has it that "V ote shows Boehner's Lack of Control ." Per usual, the lamestream press is missing the point. I'll put it simply here : John Boehner and Eric Cantor think that they can "get along" with the Democrats, quietly pushing through destructive legislation that aids and abets the statist agenda. They don't even put up a fight. They just roll over and expect conservatives in the House and the Tea Party grassroots to go along. No. And they must go. CNS News has the real reasons behind House conservatives voting down the Boehner/Cantor continuing resolution (a fancy way of saying short-term) budget: (CNSNews.com) - The Republican leadership tried to pass a continuing resolution through the House of Representatives on Wednesday afternoon that would have permitted funding for Obamacare implementation, Planned Parenthood, the...
Read more

To Be Means To InterBe...

Image
     When fascism came to America it  came clutching a bible and waving the flag.  On January 20, 2025. When you run after your thoughts, you are like a dog  chasing a stick: every time a stick is thrown, you run after it. Instead, be like a lion who, rather than chasing after the stick, turns to face the thrower. One only throws a stick at a lion once. Milarepa   “Just as it is k  na  nown t hat an image of one's face is seen d epending on a mirror b ut does not really exist as a face, s o the conception of "I" exist d ependent on mind and body, b ut like the image of a face t he "I" does not at all exist as its own reality."    Nagarjuna "Thanks to impermanence, everything is possible.   Nagarjuna
Read more

If There is No Self, Who is Living This Life?...

Image
   When fascism came to America it  came clutching a bible and waving the flag.  On January 20, 2025. When you run after your thoughts, you are like a dog  chasing a stick: every time a stick is thrown, you run after it. Instead, be like a lion who, rather than chasing after the stick, turns to face the thrower. One only throws a stick at a lion once. Milarepa   “Just as it is k  na  nown t hat an image of one's face is seen d epending on a mirror b ut does not really exist as a face, s o the conception of "I" exist d ependent on mind and body, b ut like the image of a face t he "I" does not at all exist as its own reality."    Nagarjuna "Thanks to impermanence, everything is possible.   Nagarjuna
Read more

Keith Olbermann - Race Baiter Extradinaire

As a proud  independent conservative, I am always, and forever amazed, at the virulent race baiting, and throw back the a time long gone that Keith Olbermann seems to be perpetually running from. Or could it be Olbermann is just the choir boy for the irrational liberal left in America? I don't know which it is nor do I care. Nor should anyone choosing to think independently and rationally. Here it is folk, down and right from one independent conservative . Regardless of ones skin color or ethnic heritage, irrespective of ones religious beliefs; in so long as they are truly peaceful and personal, and so long as the individual respects the rights of all other individuals equally we can get past the agenda of Keith Olbermann and his liberal conductors of the liberal orchestra. Sure, this independent conservative will no doubt be called to task by some. No doubt by the very likes of Keith Olbermann and ...
Read more