Tuesday, February 9, 2010

The Equalization of Opprotunity Act?

If you've read Atlas Shrugged then the title should scare you. If you haven't go here, download it and read it... I'll wait...

I don't get to listen to talk radio much with my schedule. I catch pieces here and there. I happened to be in the car this afternoon and heard Rush talking about an L3C. A new form or Limited Liability Corporation that provides benefits for companies whose goal is "socially driven endeavors". So basically state governments are eliminating capitalism, which has build this country to what it was in it's heyday. Without a profit motive people are less likely to create a competitive product. This is a perfect example of that. If social businesses were viable they wouldn't need this at all. They wouldn't be considered low profit. It comes down to the ancient axiom, "build a better mousetrap and the world will beat a path to your door." Unfortunately it's becoming more like have a government subsidized inferior mousetrap and they'll change the rules so you can eliminate competition for a better product.

In her magnum opus, Ayn Rand shows what would happen when people with no ability to produce or compete are given an artificial boost. This doesn't level the playing field, this eliminates the playing field. A field denotes competition where the better team/person wins and the other has to either accept it or make himself better. This eliminates the drive to better oneself, it is a breeding ground for mediocracy.

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