Ayn Rand: Will she ever get one right?

The Ayn Rand fraud philosophy of "I got mine" exemplified with all  the hypocritical bells and whistles of feeding at the collectivist government trough:

Ayn Rand Railed Against Government Benefits, But Grabbed Social Security and Medicare When She Needed Them

At least she put up a fight before succumbing to the imperatives of the real world.

Not that her ideas ever proved to be correct in the real world, even when you try to take her novel words seriously:

Naïve and sixteen, I’d never heard of Rand, much less of Fromm. Nor did I know much of economics or philosophy. But I had been learning some things fast, chief among them that we all rely on the kindness of strangers, that “No man is an island, entire of itself; every man is a piece of the continent, a part of the main.” I doubt I had read Donne, but the sentiment is common and obvious. My experiences, at least, made it obvious to me.

Even the predator relies on others—else there would be no victim. No one creates, whole or simple, their own life. Belief that we are self-sufficient is no more than pride—as is the conceit that we are in control, that we can live principled and honest, even nonviolent lives. There are things we will die for, yes, but we compromise readily to live—even if we never admit it.

Reading Rand, inchoate rage increased, each page. The fantasy world ran counter to anything I had experienced. It spoke of willful avoidance of individual dependence—and a willful ignorance, on the author’s part. The book wants to be a lesson, but one based on false premise and distorted reasoning, pandering to the worst aspects of the ego. The person with some modicum of success, Rand claims, is better than the rest. Success arises from internal aspects of being, not from the strength of the individual web holding one from falling.

I saw little possibility that I could control my future—and I resented those who mistook luck for justice.
- Aaron Barlow

Even a young mind can see the difference between reality and the ideas she puts forward.

But dedicated to her self-evidently hypocritical fauxlosophy, nothing epitomized her ideas real world failures as hilariously as Founders College, IMHO.

Founders College went under because their for-profit scheme of teaching objectivism turned into revelatory real world experience of everyone for themselves, inability to provide for themselves and of bouncing checks all over town like a shadow banker in a casino.

Out of the gates, the "expected" students went Gault:

And none of the students expected to find so few peers. There were supposed to be around 100 students, but the college came up 90 short.

An inability of students to qualify for Federal financial-aid essentially left the school with little tuition and other money coming in, as most students were just not paying for anything:

The new rules issued by the Education Department require colleges that participate in federal financial-aid programs to certify that they are approved to offer degrees in each of the states in which they operate. Previously, states were primarily responsible for enforcement.

Many of the details of those approval processes, however, remain the province of individual states—causing consternation about how each state will interpret the new rules. What they assuredly mean is more red tape for certain colleges, including some established nonprofits and online-education providers. But the new rules don't apply to colleges that, like unaccredited Founders, can't participate in the federal financial-aid program.


None of the students at Founders, with the exception of Ms. Tong, were paying anywhere close to full tuition or room and board.

They could not short circuit the accreditation process and had to do it , OMG, the right way:

And the college's effort to attain accreditation wasn't going well. Founders had started the process with the American Academy for Liberal Education, but the Department of Education had suspended its authority to accredit new institutions. Founders' leaders instead decided to seek accreditation from the Southern Association of Colleges and Schools, which had a longer and stricter review process. "They were going to make us do it the right way," says Mr. Weiss.

Faculty and staff were leaving, unsure of what they were going to get out of being there:

At the time, Mr. Weiss says, he trusted that experienced leaders and faculty knew better. A few months after the college opened, he left. Mr. Walsh, a business student from North Carolina, also left before the first semester had ended. He felt he was learning a lot, and he wasn't paying tuition or room and board—but it was clear that things weren't going well. "I didn't want to waste any more time," he says.:

Little doubt, Walsh was learning to walk in Rand's footsteps.

By the end of the first semester they were hungry for more than an education:

At the end of the first semester, students say, the inn ran low on food. The English professor told students he was resigning because he wasn't getting paid. "He tells us goodbye and walks out," Ms. Fogg says. "He gave us a letter that says he will not be conducting final exams."

More staff went Gault, no doubt over not not being paid, as well.

By Christmas, Founders and the Berry Hill Inn had lost no fewer than 17 employees, including Mr. Weiss and the English professor. Among the others were three professors, the general manager, the vice president for operations, two accountants, and a sous-chef, according to South Boston's The News & Record. Locals, it said, were also "grumbling about unpaid bills around town."

There, all in all, is a lesson well learned in what a school based on Rand's novel fauxlosophy will inevitably lead to.

Of course, anyone that paid any attention to Rand's ideas being put into action in the real world can't help but notice the repeated results of complete and total economic meltdowns caused by financial elites that have now gone Gault and are, yet again, taking our hard earned money with them.

"What’s a capitalist to do when he loses $500 billion and almost single-handedly destroys the global economy? In Japan you would bow deeply in public and express the deepest possible remorse and shame, that is if you already had not committed seppuku. In America, where the Ayn Rand ethos of objectivism reigns supreme, you weasel your way out of any explanation or regret, while riding off in the sunset with your undeserved fortune.In America, where the Ayn Rand ethos of objectivism reigns supreme, you weasel your way out of any explanation or regret, while riding off in the sunset with your undeserved fortune.

Joe Cassano, former CEO of AIG Financial Products, could have chosen the Ronald Reagan Alzheimers defense: “I have forgotten everything that happened.” That was the route taken by AIG Chief Risk Officer Robert Lewis, when he along with Cassano appeared yesterday before the Financial Crisis Inquiry Commission. Lewis, unlike Reagan, had to act like he actually had Alzheimers to make this defense plausible."
- Numerian

Objectively, at least there was some humor to be found when Founders College failed miserably because that Randian mistake never resulted in trillions of dollars of our nation's dollars literally being stolen from our evil collectivist government.

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Edited spelling and to add a couple of links at the time of this comment.