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Life Business and Money - Atlas, Value, Scarcity And A New Economy

  • Broadcast in Business
Steven Kay

Steven Kay


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With her masterpiece “Atlas Shrugged” Ayn Rand became a major paradigm shifter by challenging our beliefs about the value of money, wealth and production, and helped to lead us into the embrace of a new economy. Her character Francisco d”Aconia overhears a party attendee remark on the belief that money is the root of all evil. This seemingly harmless remark leads Francisco into a 10 page spoken manifesto which begins with  "So you think that money is the root of all evil?" said Francisco d'Aconia. "Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?”  This is the basis of trade and economy and we are always attempting to create value in the market place.