Prophetic

by O Nile Gram | December 29, 2008 at 02:12 am
49 views | 0 Recommendations | 0 comments

"... Disunity, that's the trouble. It's my absolute opinion that in our complex industrial society, no business enterprise can succeed without sharing the burden of the problems of other enterprises... It's been proved that every business depends upon every other business. So everybody ought to share the burden of everybody else.
"... My purpose is the preservation of a free economy. It's generally conceded that free economy is now on trial. Unless it proves its social value and assumes its social responsibilities, the people won't stand for it. If it doesn't develop a public spirit, it's done for, make no mistake about that... The only justification of private property is public service."


Those words weren't uttered today by Orren Boyle during a coffee klatsch in Greenwich, Connecticut in the presence of all manner of hedge fund managers. In fact, Mr. Boyle is not even real; he exists only in the fictive realm of a novel that came out in 1943. (It goes without saying that some people who have the same birth year as Ayn Rand's Atlas Shrugged should now be enjoying their senior citizenship but can scarcely do so on account of having invested their retirement money in the stock market.)

nagba
nagba
flagged this story as Needs Improvement

at 03:25 on December 29th, 2008

O Nile Gram, I wasnt sure what was newsworthy in this story. News should always be about posting current stuff - new things you've discovered. Please review What Makes News News. It can really help ify ou follow the old "W5" news formula -- making sure you have answered the questions: Who? What? Where? When? And Why? (You might want to check out our J-Tips for more help.)

Comments (0)

This story was created over 3 months ago, the comment thread is now closed.

closeSign in to NowPublic

is reporting from