Right, but he didn't say he would pay everyone the same.

That might answer a lot. But how does that match up with supporting Hillary?

One of the often puzzling characteristics of Pragmatism is the way it allows people to narrowly compartmentalize things with which they agree and disagree. We've seen numerous examples.

I think it explains how you can rationalize support for anyone who risks their own money and "admire whatever works."

http://aynrandlexicon.com/lexicon/pra...

Yes. He is not the only one on this board employing that technique.

So sadly true.

Yep, you did.

Indeed!

Great suggestion on sending them AS! If Price had read the book he would have known what would happen! Great linkage by Muaadeeb here. This is exactly like 20th Century Motor Co.

...and we did.

His scheme is not exactly a new an untried idea.

He may be bailed out by the Clinton foundation.

My company had a few bad years a few years ago. They elected to hold raises for anyone on incentive compensation. The purpose was to continue to offer raises to the deserving few even during a downturn for retention. I can't think of a single IC person that left for this reason, and we did a decent job at retention, and the corporate staff got cut ~50% when revenue dropped to ~50%. Overheads were controlled, and the downturn averted. We are now growing again. In my view healthier than ever.

This is not an endorsement in any way of this thread's foolish socialist example. I note it only to describe an example of corporate leadership where very objective views were required to really survive, rather than have the leadership die a parasite's death.

I like the million dollar story. We should make a reality TV show out of this. Two groups. 1) seeks the neediest person the other 2) seeks the (best leader, most productive, best student, smartest...). Give each winner $1M and see what happens!

"Revenge is a dish best served cold"
Klingon Proverb

As Margret Thatcher said...the problem with socialism is you eventually run out of other people's money.

I am particularly happy this happened to a semi-valueless company. How does anyone think they are adding value in this market? He could've got away with this in the heyday of an Apple. Microsoft or Cisco. Not with some me-too credit card processing firm.

Good one!

Absolutely.
Especially economic reality. You can twist, turn, and manipulate, but the result will always be the same; Disaster! It will be amusing when Margaret Thatcher's saying clicks in and his business starts down the tubes: "Socialism works until the money runs out."

Even though it's a stupid risk based on a fallacy? How can you express admiration for that?

Reality will always jump up and bite you in the butt.

Altruism--Bah.

"Who is John Galt?"

Now, he knows. Hee-hee!

And whatever we call it, it didn't start with Marx and Marx isn't where he got it from. (I didn't pay any attention to the 'like' vs. 'line', it was clear enough.)

OK ... I typed "like" when I meant "line" ... and what I meant is that
however I arrive at the behavior "like Marxism" then I belong in
the hammer and sickle line. . A is A;;; a moocher is a moocher,
no matter what name he calls himself. -- j
.

Equality of outcome doesn't work, never did and never will.

It's what the fictional Jesus preached to the benefit of the Romans.