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Obama offers usual progressive line
Ross Kaminsky, American Spectator
Altruism |
Atlas Shrugged movie |
Atlas Shrugged |
Egoism |
Obama says that in order to increase our own freedom and happiness, we can’t just think about ourselves. We have to think about others. Beyond the obvious advice to the president to read (or watch) “Atlas Shrugged,” the proper response to Obama is “wrong!” Well, wrong in the sense that he means it. Obama means that we need to think about the well-being of others as an economic end in itself if we want to prosper. As Adam Smith eloquently explained, “It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect our dinner, but from their regard to their own interest.” In other words, and forming the basis of the concept of the “invisible hand”, we only need consider what the others want for their own benefit and then provide it to them at a profit to ourselves (or not if we choose voluntary charity.)
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