“[Atlas Shrugged] is not a book to be lightly thrown aside. It should be thrown with great force.” – Attributed to Sid Ziff of the Los Angeles Mirror-News
Despite being a firm believer in reading your enemy (as evidenced by the copies of Friedrich Hayek’s The Road to Serfdom and Milton Frideman’s Free to Chose that I have gathering dust somewhere), I must confess I have never read Ayn Rand’s most well known novel, precisely because of reviews like the one quoted above. Atlas Shrugged is something of a bible for libertarians since it delineates her philosophy known as Objectivism which is based around ‘rational egoism’ and the economic system best suited to promote it, laissez-faire capitalism. The book was critically panned during its day and Rand was never taken seriously as a philosopher (or a novelist for that matter) although this has not stopped the book from finding its way into millions of college dorm rooms by “edgy” econ and political science undergraduates who fail to realize the lifelong cognitive and moral impairment that reading it and believing in it might entail.
The book itself is about a group of industrialists who, oppressed by excessive government bureaucracy and regulation, decide to abandon their businesses in order to create a new community based entirely on laissez-faire principles. The community would be called Galt’s Glutch, named after the mysterious character of John Galt who masterminds the capitalist rebellion and also outlines the community’s philosophy. Since then, the idea of forming a real-life Galt’s Glutch has been something of an obsession for many libertarians, although finding a location for such utopias is not easy. There is not a square inch of land left on Earth that is not claimed by a government as sovereign territory. This leaves only one place where states have no authority: international waters. Continue reading