Skip to main content

As a Guru, Ayn Rand May Have Limits. Ask Travis Kalanick. - The New York Times

posted onJuly 14, 2017
>

Article snippet: Few, if any, literary philosophers have had as much influence on American business and politics as Ayn Rand, especially now that Donald J. Trump occupies the White House. President Trump named Rand his favorite writer and “The Fountainhead” his favorite novel. Secretary of State Rex W. Tillerson has cited “Atlas Shrugged” as a favorite work, and the C.I.A. director, Mike Pompeo, said the book “really had an impact on me.” As Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, put it in a recent essay, “her books pretty well capture the mind-set” of the Trump administration. “This new administration hates weak, unproductive, socialist people and policies,” he wrote, “and it admires strong, can-do profit makers.” In business, Rand’s influence has been especially pronounced in Silicon Valley, where her overarching philosophy that “man exists for his own sake, that the pursuit of his own happiness is his highest moral purpose, that he must not sacrifice himself to others, nor sacrifice others to himself,” as she described it in a 1964 Playboy interview, has an obvious appeal for self-made entrepreneurs. Last year Vanity Fair anointed her the most influential figure in the technology industry, surpassing Steve Jobs. But lately, many Rand devotees have been running into trouble. Travis Kalanick’s abrupt departure as chief executive of Uber, the Internet-based ride-hailing service he built into a private corporation worth $50 billion or mor... Link to the full article to read more

Emotional score for this article