Sunday, September 28, 2008

Letter to Editor, Boston Globe: Published

Re a writer's query to Ayn Rand fans: There's no need to apologize for free-markets. But because of considerable mis-education, there is a need to explain them. The use of the terms "execrable" and "distribution of wealth" indicates the mistaken Marxist-Keynesian views of the questioner. Properly, wealth is not be "distributed." It is earned. CEOs do that. They earn a lot of money because they have a great deal more responsibility than other employees do. Most importantly, they create jobs, expand production and thereby raise the standing of living. Politicians' promises "to create jobs" is self-aggrandizement. Politicians don't create jobs. CEOs do. That's why they're highly paid.

©2008. Sylvia Bokor. All Rights Reserved.
Suggested Reading:
Ayn Rand, Atlas Shrugged
Ayn Rand, Capitalism the Unknown Ideal

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