Check out this week’s New Yorker for a well-put insight into the Rand-infected mind. Nick Paumgarten writes about John Mackey, CEO of Whole Foods and his attitudes towards unions:
…His [Mackey’s] disdain for contemporary unionism is ideological, as well as self-serving. Like many who have come before, he says that it was only when he started a business–when he had to meet payroll and deal with government red tape–that his political and economic views, fed on readings of Friedman, Rand, and the Austrians, veered to the right. But there is also a psychological dimension. It derives in large part from a tendency, common among smart people, to presume that everyone in the world either does or should think as he does–to take for granted that people can (or want to) strike his patented balance of enlightenment and self-interest. It sometimes sounds as if he believed that, if every company had him at the helm, there would be no need for unions or health-care reform, and that therefore every company should have someone like him, and that therefore there should be no unions or health-care reform. In other words, because he runs a business a certain way, others will, can, and should, and so the safeguards that have evolved over the generations to protect against human venality–against, say, greedy, bullying bosses–are no longer necessary. The logic is as sound as the presumption is preposterous.
Leave a Reply