…yes it’s along those lines that I’d like to continue this discussion - er, without the ‘dollar on an astroid’ part, I think we’re smarter than that : ) - There is something wrong with the existing system for one base reason: man’s rapid accumulation of tools and knowledge over the past two centuries has also contributed to the hights of his inventiveness - and thanks to that we have machines that greatly reduce our workload and even the need for human labour. Now, with that in mind, doesn’t logic tell us that, thanks to our machines, because our ability to produce with a high efficiency a lesser need for human labour, that life in general should become at the same time more comfortable and cheaper? The former, surely, but prices for products existing since the beginning of the last century remain the same and a select few are getting richer because of this. A useful business or orginanisation should be successful if the service or product it provides sells, and even more so if it is inventive and useful, thus even more popular; without question, its maker deserves every penny he gets. This latter is Ayn Rand’s ideal, the Hank Rearden type.
Rand mentions ‘not asking more than a customer is willing to pay’ - but for me this thought it rather vague and incomplete. I could even say, for those such as Peikoff who follow Rand’s teachings to the letter, it can become, depending on the intentions of he who is ‘following the rule’, a wide-open door to greed.
Take for example mister Gates. His product has brought the computer back to the comprehensible ‘see and use’ tool-using habits of humans, but his tool is 1) an invention that is not his own; 2) a tool copied and developed by only a few ‘thinker-labourers’; 3) a tool which requires, in comparison to the numbers in which it is distributed, next to no human intervention to reproduce (thanks to human-made machines, granted); and 4) a tool whose price is calculated on, not the cost of making and distributing the product itself, but statistical results of a study on how much an average human is willing and able to pay. This is why Gates is a millionaire - Gates knows much more about finance and human ignorance than he does computers, but that shouldn’t be what we pay him for. Gates ‘adopted’ (to say it in a kind way) Job’s concept of a ‘humanistic’ computer interface without bothering to pursue Job’s passion for the computer itself - the hardware was where the majority of production expenses went, and Gates was smart enough to see that. But again, that is in no way being a thinker or inventor. In my mind Steve Jobs fits the Hank Rearden and perhaps even the John Galt characters to a tee - but strangely enough, I can’t find a close match for Gates in any of Rand’s works.
I have more thoughts on this but this is enough for now… but don’t get me wrong, I’m not asking that mister Gates distribute his wealth anywhere; what’s his is his and it’s too late to go back. Nor do I want to regulate anything, I think that if situations such as the above are exposed and explained for what they are to the public things will pretty much take care of themselves. The problem is that: the public seems to have so ‘politically corrected’ itself that it can no longer 1) say that the above example is right or wrong and 2) decide for themselves if they’re asked to. I think these last two reasons are yet two more to add the the reasons why mister Gates is rich today.
(added) I’ve just re-read Peikoff’s rather lengthy chapter on ‘honesty’ but he just re-applies many of Rand’s ‘Capitalism: the Unknown Ideal’ already-applied theories. I’m still trying to narrow my question down… but it’s getting towards something like ‘technology as a replacement for religion in the common mind’ - perhaps a reason why the ignorant pay so blindly. Still thinking.