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Author Topic:   Atlas Shrugged
jar
Member (Idle past 423 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 18 of 117 (185535)
02-15-2005 11:25 AM
Reply to: Message 15 by Dan Carroll
02-15-2005 10:59 AM


This article is my personal favorite. (Although in fairness, it's not by Rand herself.)
Isn't that redundant?

Aslan is not a Tame Lion

This message is a reply to:
 Message 15 by Dan Carroll, posted 02-15-2005 10:59 AM Dan Carroll has not replied

  
jar
Member (Idle past 423 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 35 of 117 (186233)
02-17-2005 1:54 PM


General question
Does creating wealth have value without redistribution?

Aslan is not a Tame Lion

Replies to this message:
 Message 38 by portmaster1000, posted 02-17-2005 3:55 PM jar has replied

  
jar
Member (Idle past 423 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 39 of 117 (186288)
02-17-2005 4:09 PM
Reply to: Message 38 by portmaster1000
02-17-2005 3:55 PM


Re: General question
If I was a baron of old collecting arbitrary taxes from serfs then that is redistribution without any creation of value. Simply the serfs have less and I have more.
They received nothing?
If I run a drink stand and make profits from the drinks I sell I am automatically distributing any wealth and value I create.
I may have to pay rent for drink stand. Landlord gets part of my sales.
I have to buy cups. Cup supplier gets part of my sales.
I have to buy drink mix. Kraft gets part of my sales.
etc.
etc.
What do I do with my profits? If I buy a new bike. Trek gets a nice sale they wouldn't have gotten save for my drink stand creating value.
How is that different from any other system?

Aslan is not a Tame Lion

This message is a reply to:
 Message 38 by portmaster1000, posted 02-17-2005 3:55 PM portmaster1000 has replied

Replies to this message:
 Message 44 by portmaster1000, posted 02-17-2005 7:46 PM jar has not replied

  
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