John Galt's Speech - Atlas Shrugged

John Galt's speech in 2 minutes. Help support the fight for property rights at: www.ourcharter.ca

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• Ayn
• Rand
• Atlas
• Shrugged
• John
• Galt
• Speech

[dzordevjt]

@johnnysecular Value is not objective. A capitalist makes what profit he can make, which is determined by markets. He buys the raw products he needs at the best price he can, and sells and tries to sell the finished item at the most competitive. The difference it what he can afford to spend on labour, himself and improvements on the business. The amount he gives is workers is between him and them but at hard time this can be out of his control. Labour value is not objective.

[dzordevjt]

@johnnysecular You have to work for as long as is necessary to survive. Think of how life was back in days before motors or electricity: life was very hard and short and required a lot of effort. You can't deny that an animal doesn't sleep at the risk of its life- that is how things were- you acted or you died. To earn a living that is deemed comfortable by today's standards requires long hours of unskilled work and also sometimes long hours of highly specialised work.

[dzordevjt]

@johnnysecular The point is that none of the miners thought of starting the mine or invested the money in buying, building and securing the mine, nor did they take the risk to do it. Profit is the incentive of doing this and it the salary that an owner pays himself for the effort. A large salary is the reward for the hard work done in preparation, which takes years and is most likely done in supplement to other work that is already being done to earn a living. Seems fair to me.

[johnnysecular]

@BruceD1776 Just admit it, that's what profit is for any capitalist; the surplus value that was created by labour. If they compensate labour less they make more profit. And if in order to survive a worker has to work for longer than 8 hours given how low his hourly pay is, they will work him as long as he needs to survive, because they want him back tomorrow. That's why unskilled labourers work 14hr days. The 8hr day was the result of us saying adjust the wage so that 8hrs are enough to survive.

[johnnysecular]

@BruceD1776 What you're saying is not true; you probably noticed it's not true right after you hit the reply button. Just think about it. You are saying that I have to work 24 hrs a day if the state of technology and productivity of the economy is such that it requires me to work 24hrs, or is that never the case? Is that impossible in a free market?

[johnnysecular]

@BruceD1776 You make a very good point, when I was first reading I thought it's something I wrote. I would've said the same thing but just added two points: (1) So let the miners own the mines then, etc... (2) You can own the garden if you plant it, but not the land. I don't write an essay, I hope you get the ideas I'm trying to express.

[BruceD1776]

@WhyMeMoFo "Pay your taxes as we tell you or face prison. I'm happy to vote to convict."

To anyone reading this: If you own a business or are thinking of starting one, and thinking of hiring more people. Remember that the above person is the type of person you will be benefiting. If you are an inventor, the above person is who you will be benefiting. Why take the risk of creating jobs for people who will try to hurt you? It's time to take Ayn Rand's advice and shrug the burden.

[WhyMeMoFo]

@BruceD1776 "You didn't read my previous post." Probably. And I'm not going to waste time reading the rest of this one, just so you know.

Pay your taxes as we tell you or face prison. I'm happy to vote to convict.

[BruceD1776]

@WhyMeMoFo You didn't read my previous post. I don't mind paying fees to protect my patents. If the government taxes my royalties, I won't complain as long as they protect the patent. I pay for what I get. That's not what is at issue. What is at issue is whether the taxes are confiscatory or not. If they're too high, I won't even develop it. I'll just play around with it as a hobby.

Let the reader observe people like you and act accordingly.

[WhyMeMoFo]

@BruceD1776 No, I'm laughing. At you. You are just another pathetic loser.

But have fun with your magic car, and if it gets off the ground, we the Collective will take out taxes. If you resist, you'll go to prison AND we'll take your magic car!

Loser.