Like many, I have recently read Ayn’s two most famous works and found much in them that resonates. I am now in the logical phase that follows: examining the evidence and attempting to reason my way through perceived contradictions. Along the way I have found many contradictions that were illusory. Some still remain.
Once such contradiction is that, in a truly free market economy, I see no incentive for companies to refrain from practices that cause long-term damaging effects to health and the environment.
To make an example more concrete, let’s take the disposal of batteries. After inappropriate disposal they tend to leak into the ground and contaminate it with heavy metals that are toxic. They reduce the value of the areas in which they are disposed of: thus they are rationally immoral.
However - it seems to me that people are using rational self-interest to dispose of batteries. They throw them in the bin; their time is more valuable to them than the issues of future generations.
Now, sometimes these sorts of problems turn out to be an immediately health/economy threatening and people do react - usually in a manner far more costly than would have been the case with sufficient forethought. But this, surely, means that objectivist principles will usually lead to (costly) reactive behaviour rather than (efficient) predictive behaviour.
From a purely reductionist view:
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I am capable of avoiding areas contaminated to such an extent that they would cause ill effects upon me.
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Future generations have no effect upon me, and as such are not part of any rational argument.
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Were I to concern myself with future generations, I could console myself that these unborn children will do as we have all done and fight against the inimical in their own environment with whatever (greater) toolset they might have.
See the contradiction?
Rationally, we should use foresight to incur lesser costs
Rationally, we should think within our own lifespan
The contradiction arises from being bothered about long-term efficiency.
It seems one must assume long-term efficiency is rational: if I know a dollar today will cost me two dollars tomorrow, I do not take the dollar.
Given the lack immediate economic value in any pre-emptive action, how do we ensure someone fixes the problem by promoting proper disposal habits and - indeed - doing the disposal work itself without sufficient economic benefits?
Does the objectivist recognise an issue to be solved?
I currently do not see a way that does not involve sophistry designed to make the problem seem illusory, or much-loathed coercion by government.
Many thanks for any thought you bring to this.