European Parliament member Daniel Hannan on Ayn Rand’s Atlas Shrugged:
Rand was a visionary, and her critique of the corporatist order was eerily apt. She argued that her book was prophylactic: a portrayal of a future she wanted to avoid. In some ways, it worked. Very few people argue, nowadays, that economies should be run on the basis of state planning or that socialism is inevitable. In other ways, her analysis of the business-political order—the monopolistic instincts of industrialists, the favoring of back-room deals over open competition, the way party politics punishes integrity and promotes moral cowardice—is eternally true.
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Yet there is no getting away from it: the book simply doesn’t work as a novel.
Agreed. The Fountainhead was very influential on my thinking but tends to work better despite suffering the flaws Hannan points out. Do read the article—his conclusion is spot-on.
(Via Timothy B. Lee.)