Re: Rand returns to Russia?

From: Technotranscendence (
Date: Sat Apr 29 2000 - 09:48:00 MDT

On Friday, April 28, 2000 7:32 PM E. Shaun Russell
> >Seems to me she would have expected it, sooner or later. She was totally
> >convinced that laissez faire capitalism would beat the pants off
> >and she has proven to have been right.
> Well, I wouldn't go that fact, there are only a few countries
> which could even remotely be called laissez faire. Capitalism itself
> sticks in the craw of many classes, and the country with the highest
> population (and one of the largest land masses) is communist.

I agree, though I think communism, as a social ideal is no longer as praised
as it used to be. In fact, there are a lot less people out there who want
it than ever before -- except for those in communist countries (who are
really not free to say what they want, or, if they are, have been
propogandized into believing all other systems are evil especially because
they have no experience of noncommunism).

Regarding China, more people are trying to get out than in.:) Kind of gives
an indication of what they really don't like.

> To me, it is very uplifting to read that Russia may finally, at long last,
> have sensible members of government, but the results remain to be seen; we
> have a long way to go.

I agree here on the "wait and see" attitude. Though I hope for the best, I
recall that Alan Greenspan also was influenced by Rand. Now, granted, he is
not the worst person ever to be on the FRB, what has he done to dismantle
the FRS lately? (Okay, I'm not privvy to everything that goes on in those
meetings, but I'm pretty sure he's no for any fundamental change in the US
monetary system in the direction of free market banking.)


Daniel Ust

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