Atlas flexes

Image
Martin Hutchinson
Last Updated : Jan 20 2013 | 8:45 PM IST

Ayn Rand: Ayn Rand is ready for another close-up. Though her capitalist magnum opus, ‘Atlas Shrugged,’ was widely panned when originally released in 1957, it went on to become a bestseller. And Rand’s tenets enjoyed a revival in the 1990s thanks to the ascendance of her friend, Alan Greenspan. Now, a film version of the book is coming out just as a populist US Tea Party movement embracing her views takes hold. Rand’s economics are fairly conventional by today’s standards and the book rather turgid. But the silver screen may yet help her speak to a new generation.

As a novel, ‘Atlas Shrugged’ is flawed. Such as it is, the action, built around a railroad boss, ceases altogether for a large swathe of the final act so another character, John Galt, can express his philosophy. Yet ,Galt’s message of protest has taken greater hold and is finding fresh appeal among a younger set of conservatives, especially ones conditioned by the more collectivist ideals sometimes espoused in American schools and churches. The book is intrinsically anti-Christian, glorifying self-interest over self-sacrifice. That has helped to polarize responses to ‘Atlas Shrugged.’ Rand spots moral flaws in government, but almost all her businessmen are honest and beaten down by the authorities. Even free-marketers living through the financial crisis would have to agree Rand’s oversimplifications don’t hold true in real world. That hasn’t stopped a Randian renaissance.

It began with Ron Paul’s presidential campaign of 2008, which demanded much smaller government and a return to the gold standard. The Tea Party movement then grew out of those “Atlas”-evocative ideals, which are further evidenced in Republican policies, including those of Senator Rand Paul and Representative Paul Ryan. Of course, Rand’s politics have been somewhat misconstrued. She endorsed the rights of the individual more than either party. The film adaptation, regardless of its quality, probably won’t much alter how ‘Atlas’ is interpreted. But the more people ask “Who is Ayn Rand?” the more they will be in a position to ponder the book’s eternal central question: “Who is John Galt?” That just might help produce a new wave of free-market disciples.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 16 2011 | 12:51 AM IST

Next Story