What happened in Rand’s narrative is coming to pass today, with an anti-business administration reviling private industry and capitalizing on crisis to expand and redirect investment within and between sectors of the economy — setting quotas, prices and compensation.

From IBDeditorials

EXCERPT:

This shift of wealth from the productive private sector to the unproductive public sector is stickier today than it was in “Atlas Shrugged” because government is now a union shop, with pay having little to do with performance. Unionized government cannot be downsized easily, and its employees have effectively become the country’s most powerful entitlement special-interest group.

Thus, government-run schools controlled by the teachers unions can fail decade after decade without consequence or substantive reform. The government takeover of the health care industry — aka “ObamaCare” — was a high priority not because it was good for the majority of Americans, but because the ruling elite want to expand unionization, entitlement and dependency.

FULL STORY

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