Who Has to Shrug?
Posted by TheRealBill 8 years, 2 months ago to Economics
In the world of Atlas Shrugged, the key industries were essentially run by their respective heroes. This made it easy, of course, for Galt to know who to watch and who to hep "shrug".
As I mentioned in a recent comment, I'm sure we know enough about the looters to predict and enable them to collapse the failing system. But do we know enough about who would need to shrug? Are we "beyond" the point where a handful, or even a thousand, people are integral enough that if they shrugged it would trigger/advance the collapse?
So I'm wondering: who are some key people that might be "needed" to shrug - not from the pain too view of what the Gulch would need, but to trigger/advance the collapse of the failed system by their absence.
As I mentioned in a recent comment, I'm sure we know enough about the looters to predict and enable them to collapse the failing system. But do we know enough about who would need to shrug? Are we "beyond" the point where a handful, or even a thousand, people are integral enough that if they shrugged it would trigger/advance the collapse?
So I'm wondering: who are some key people that might be "needed" to shrug - not from the pain too view of what the Gulch would need, but to trigger/advance the collapse of the failed system by their absence.
Unless...
... invention is so tightly regulated and new companies are so expensive to start up that innovation is effectively throttled and only approved inventions make it into the marketplace. That is happening with all the red tape around new businesses: everything from licenses and permits and taxes and employment rules to Obamacare. I don't see American Producers actively shrugging. Not happening. What will happen is that government burden will be the deal-killer.
People won't need to "shrug" to destroy this system if only cartel members are allowed to invent, and only union members are allowed to hold jobs at pay rates an employer is willing to offer.
We've already hit a tipping point of sorts with productivity. We can get so much done with so little people that there is a real chance you could remove all productivity innovation and muddle on for decades before it became apparently problematic. This has in turn decreased the control in the sense of there being no Hank Rearden equivalent in any industry which could have a dramatic effect (in either direction).
But there is an interesting development going on that isn't talked about much directly. Research on the "differences" in "millennials" versus previous generations have shown that if you compare them now to the previous generation at their respective ages, there isn't a lot of actual differences. They have just as much drive to do stuff as previous, for example. But what is different?
1) less interest in penalizing those of different sexual orientation
2) more acceptance of pot
3) more distrust of government.
It is that last one which is the silver lining and unexplored factor. In the end, the fall in AS was an expression of not trusting the government anymore. This is where understanding that plays a key role in applying it to the real world. We don't need to produce a collapse of the current american systems, but a collapse in confidence in the government. In As it happened because the government, through ever more fascist ways, claimed to be the ultimate arbiter and master of an uncontrollable system and in the end proved they could not do it - at which point the collapse of trust occurred. This is the genius of the producer strike verse labor strikes.
If labor strikes, the reality is that (absent proscriptive laws) you can usually replace them as resume operations fairly quickly. But remove the brains behind the whole operation, which is rarely seen, and make it clearly visible they are on strike, and you plant the needed seed for the trust to go back to them when the trust collapse occurs. This is, IMO, the underlying principles behind the strike/shrug.
With the "millennials" showing more distrust of government than any generation since we started tracking it, it raises the question of how to preserve or even nourish that mentality. Galt was not out to destroy, but to end the destruction already in progress by exposing it. The millennial generation is apparently the first one in a long time to be primed for such. The challenge, I suspect, is that absent the clear and obvious shrug/strike of major key producers (which I suspect don't exist), how can we nourish this situation?
The absence of key leaders is that you need them to step in when the distrust reached the needed level. So it is two parts: "who would have to shrug?" is also "who would have to be prepared to step in when the public is looking for non-looters who are trustworthy?".
I think Musk would be good in the second half of that, but lacks the first part. But maybe that is how it has to start.
The rich will go Galt by pulling their wealth and going somewhere more favorable, theoochers will just keep demanding more. The workers will become slaves.
Some of the "Rich" and the Looters will remain. Mostly because those rich that make their money due to Croney Capitalism are as bad, if not the same as the moochers.
Lastly, Socialism is for the People not the Socialists. The elite all think they should be exempt, and run the lives of the pions. They believe it will not effect them.
The "Strike" is coming, the questionnaire is when, or can it be avoided.
Our whole world would collapse overnight with just one solar storm, one EMP, or if China and or Russia just called their loans.
It's not the "Shrug" Ayan envisioned, but it would be the end of American as we know it.
I woudn't dally there are not many left.
Clue There are seven thousand of them that do exactly that for a living. Revolutions and Counter Revolutions are their bread and butter.
What is primarily different can be boiled down to two things:
The destructive culture is still there
Nobody has stepped in to fix it (primarily because of the previous item)
BY knowing who/what would be required to trigger a situation you also learn how to avoid it, or how to correct. For example, consider the aforementioned Detroit problem. That is an existing situation. How to correct? Obviously with the primary producers of the area having already shrugged it is more difficult, but the exercise would still be useful because it has neither recovered nor completed self-destruction. Whether you want to help/let it finish the cycle or pull it out of the nosedive you have to know what the key components and players would be.
Look st Venezuela to see how shrugging occurs. Airlines, bleach mfr Chlorox, polar (beer mfr), and many others just stopped production. That's how it will go here
People deserve what they ask for. I expect more and do not settle for less.
But then I already know where the true Gulch is and the rest of you, for the most part are still searching.
I think the bigger issue is when/if the educated, hard-working middle-class will shrug. It's happening already, I think.
Couple that with a history of society accepting/demanding that philanthropy "excuses" the massive production one created and the turn in that direction is all but assured. When you look at what the looters did when they came into power (think Standard Oil, Carnegie, at al) the biggest effect was to create this notion that the producers are the looters. So with the absence of validation that production provides, and the craving for significance still present, they turn toward "altruism" in the form of philanthropy and espousing the idea that others should follow their lead.
At that point they are stuck. It is easy to "become a philanthropist" - they'll let anyone with money to give in the club. But to stop doing so is the "height of selfishness". Few among the intelligentsia are as reviled as those who turn away fro bit having been in. So the uber-rich stay there. A parallel is seen in the religious industry. You can "become" a christian and then not be one. But you can't really escape islam except through death and death threats. Islam treats never-beens better than once-was.
You can also see it in other settings such as dietary. Vegans (generally) trash anyone who isn't vegan, but they save their most vitriolic hatred for those who once were and have since stopped - and the more high profile the escapee was, the worse they attack them. Can you imagine how the looter left would descend on Soros if he stopped given monetarily supported their cause and went into an actual production oriented business - especially if it wasn't in their list of approved causes? Just for a fun mental exercise, imagine Soros funding fracking. The left would shat themselves and throw it at him day and night.
This is part of why I think it a smart strategy to not have your "charitable contributions" public knowledge. It isn't so much a matter of not bragging about it, but insulating yourself against the public demand that you never stop or change it.
At my end of the economic scale it' s much the same. We just went where the value is more than double and made a profit. Capitalism at it's finest.
T. J. Rodgers, Mark Cuban ...
Largest US Energy Producers
http://www.statista.com/statistics/23...
Largest US software firms
https://en.wikipedia.org/wiki/List_of...
But my intuition is that the leaders in those businesses read Atlas Shrugged long ago. They "got" it, but chose to make it part of their personal philosophies, rather than a dogma to be obeyed.
The other side of the gold coin is the dream of Gulchers that the whole rotten system come crashing down so that they can shoot their way to a gold-based economy. In in her book, Enemies of the Future, Reason editor Virginia Postrel included them in with leftists and religionists who want the same thing.
Make no mistake I think what musk is doing is fabulous and all, but it is still small potatoes. That and at least for his car he made available for free use the patents involved. He has already handed over the key "secrets" to the Tesla.
Cuban isn't really a key economic player either. Sure he owns some stuff and is a "shark" but lacks significant clout in the national scale.
I think you are on the right track with energy companies, but here we aren't talking about their actual control and influence but their market cap. Combine that with them already being in bed with the moochers and not being led by a single visionary and I don't see the potential for a shrug making any impact there.
In AS copper production was essentially owned by one man. Steel was effectively owned by one man. Oil production was essentially owned by one man. Rail transport was effectively owned by one woman. Gates doesn't own Microsoft. He doesn't even run it anymore. Musk owns SpaceX but the vast majority would never know if left - if they even knew it exists at all. If Tesla Motors died (which it nearly did) it would be chalked up to another failed car company startup.
In AS those who shrugged and dismantled what they left behind were dismantling their own property. You couldn't say the same for a CEO of a power company or software company today.
If anything I'd say AS was indeed taken to heart and showed the "weakness" of any takeover was, as it always has been, in the fundamental right to property and individual ownership.
Thus I wonder if the "shrug" is even possible from that aspect. It seems to me a more realistic possibility might be to simply start fresh somewhere else, leaving the new old world behind much as America left Europe behind.
Come to the High Frontier.
http://necessaryfacts.blogspot.com/20...
Lesson is there's a reason why the puiblic despoisonizes politicians and insiders. And they deserve it.
Slippin' and a slidin' ha ha ha
Average 8/26 - 9/11 -- -- 41.9 39.9 9.0 2.9 Clinton +2.0