Even Rand couldn't anticipate...
Wow! This just hit me - The looters in Atlas were ALL appointed or self-appointed. (I'm not counting Mr. Thompson.). I guess even Rand couldn't fathom that people would actually be stupid enough to vote for these idiots.
People today are no more inherently less intelligent than they were at the time of the Revolution. In fact they typical have shown the ability to grasp much more advanced knowledge in some realms due to economic and technical advances, but are steering it with the wrong philosophy. This problem is much deeper than saying Americans are too dumb to vote the right way, especially with the limited range of choices they are given and the malignant ideas they are being bombarded with to influence them in an intellectual vacuum.