In 1944, when The Fountainhead was published, the world was locked in a bloody battle between the forces of fascism, communism, and the “free world”.
In 1957, when Atlas Shrugged was published, Stalin had taken almost all of Eastern Europe and significant parts of Central Europe for Communism just 12 years prior, and Mao Tse-Tung had taken all of China, the world’s most populous nation, for Communism just 8 years prior.
Today, fascism is no longer in power anywhere in the world, and communism is only in power in a couple of tinpot rogue states that no-one cares about.
Also, there is no government of any country (with the possible exception of the tinpot rogue states) that is proposing anything resembling Directive 10-289, or even anything resembling the much “milder” Equalization of Opportunity Law.
In a very real way, Atlas Shrugged’s prophecy about “People’s States” came true. Of the many reasons given for the Fall of Communism, the Chernobyl disaster is by far the most convincing one. This disaster parallels those which happened in the latter half of Atlas (such as the Taggart Tunnel disaster) in that it was caused essentially by communist party good old boys, their inept appointees, and indeed also Stadler-like scientists (i.e., Comrade Dyatlov) who knew better, but who wanted to curry favor with the Party by doing the tests fast rather than doing them safely and well. That disaster spoiled, and continues to spoil, some of the best farmland of Ukraine and Belarus, and it will not be usable again for thousands of years. it was not a hit the Soviet Union could take again, so they knew they had to reform. When reform to such a system proved impossible, Soviet Communism simply fell apart.
Ok, so maybe the end result wasn’t quite what Objectivists wanted. The world, even the ex-communist world, did not become Objectivist. Rather, it now seems to be in that “middle ground” between total free market capitalism and collective ownership of the economy.
In light of that, is Objectivism still relevant today, or is it only a movement that belonged to a particular time in history reacting to particular horrific realities such as Nazi Germany, the Soviet Union, and Maoist China.