... it's a monumental piece of crap.Left-wing propaganda? Perhaps. But when The Atlantic's Megan McArdle threw in the towel, herself a connoisseur of the free market, that sure seemed like a little much.
The best word to describe Atlas Shrugged Part 1 is … surprising. It’s surprisingly well-paced, surprisingly intelligent, surprisingly well-acted, and surprisingly entertaining. Perhaps most surprising of all, it has me thinking about re-reading the novel again. I would highly recommend it to friends and their families.And he adds in an update:
I deliberately avoided reading reviews of the film until after I saw it first...I'm not that disciplined, alas, but RTWT. And see also the outstanding piece by Vin Suprynowicz at the Las Vegas Review Journal. I'd quote it, but considering the Review Journal's a Righthaven partner, folks can just read it at the link.
One thing I worried about was how well the filmmakers would be able to place the setting in present times, 2016, amid a crisis of severe economic dislocation (like we're having under the Obamacrats in D.C. and across the nation). After seeing the opening scenes, and thinking about it a bit more, the scenario of disappearing industrialists seems entirely accurate. Indeed, as I've been reporting here of late, in California we've got the same kind of wrecked economy that Ayn Rand inveighed against. The Los Angeles Times was touting the expansion of the tech sector in February --- 100,000 new jobs were created --- while burying the lede on lingering massive unemployment in the state. But then the March job numbers --- unemployment edged back up to 12.1 percent --- forced the paper to be more honest. And then this weekend the Orange County Register published a devastating piece on the exodus of 69 businesses from the state for the first quarter of 2011. Reading the top ten list of reasons for businesses bailing is a jaw-dropping experience, but one that I'm getting used to. Between Sacramento and Washington, California can't get a break. Indeed, state officials have taken a fact-finding trip to Texas in hopes of stemming the flow of jobs to the Longhorn State and elsewhere.
Let's hope it gets better. For the past two years, the old Sunset Ford dealership in Westminster has been vacant, a symbol of the depression-like marketplace that hammered key sections of the local economy. For more than 40 years Sunset Ford did business at the intersection of the 22 and 405 Freeways, and so it was a shock to see that enterprise close its doors in 2009. And despite the Obama administration's economic stimulus, the location remains idle, like a ghost town:
As I was returning home, I saw this fellow with his homeless sign at the Jamboree offramp at Interstate 5. Notice the sign asks not for handouts, but for help finding ANY work.
This was a couple of weeks ago, and later that afternoon I went shopping at the District in Tustin. Borders is closing its location there, one of the 200 stores nationwide going belly up:
They were unloading everything:
But copies of David Remnick's recent book on the Radical-in-Chief weren't moving so well, and that's at 60 percent off:
And checking over at Jamboree and Main Street in Irvine, this copying business, MyPrint, consolidated with an equity firm and closed this location. The local printing market is pretty messed up:
I thought Remnick's panegyric hagiography had gone straight to the remainder bin like everything on Obama written after Black Christmas Eve, 2009.
ReplyDeleteI'm planning on watching Atlas Shrugged, but it sounds like War and Peace without the battle and the love scenes! I'm rereading Montefiori's Young Stalin to remind me on how a bank robber & double agent could get a totalitarian grip on a helpless society. The left is ruthless and the conservatives seem to have lost much of their gumption.
Depressingly spot on.
ReplyDeleteNot to laugh at California's well deserved downturn, but the state has people going to Texas to try and figure out why businesses are leaving California. Are state officials that blind to the business atmosphere they have created?
ReplyDeleteEven Cubans are calling Marx that "little old man who creates hunger." The Chinese even went to capitalism to stem their ever growing problems. One cannot pay homage to the dictates of Marx and expect another result. How many failure does one have to see to understand that it just does not work.
If one just took the time to understand the "Multiplicative Factor Of Money" and its effects on an economy one should be able to ascertain part of the problem. If one creates a business that makes widgets then one is also creating a number of second and third party businesses as a result of that creation. Government workers do NOT create anything tangible, they provide a service which once accomplished is gone. That is not to denigrate the service provided, because in many cases it is one that needs to be done. Whether that service needs to be accomplished by government is another question.
If a state or country is to do well it has to have a business friendly environment. Instead of trying to divide the pie why not make the pie bigger so everyone has a stake in a piece of a larger pie?
Since the first of the year 69 companies have announced they are relocating, reducing or closing their California operations. That is an approx. average of over 4 business a week.
ReplyDeleteWhere are they going? Here's a ranking:
#1 – Texas
#2 – Arizona
#3 – Michigan and Nevada
#4 – Colorado and Florida
#5 – Georgia
#6 – Canada
#7 – Mexico
The other states and India had one each.
Here's a link to the companies and the more detailed information: http://thebusinessrelocationcoach.blogspot.com/2011/04/calif-disinvestment-events-reaches-new.html
Love the way you structured this post, Prof. Well done.
ReplyDeleteQuoted from and Linked to at:
Atlas Dug Or Atlas Ugh?
Most of the negative reviews I've read aren't anti-capitalism or anti-Rand rants by "socialist saboteurs of the economy" Don, they just say that it's a bad movie. All subdued conversation and no action. You do realize that it's possible for a movie about a subject you support to have been poorly made without there being a secret communist plot behind the bad reviews, right?
ReplyDeleteThis was indeed part I of a trilogy but as McArdle points out AS wasn't written that way as Lord of the Rings was. You can't just take the first act of a three act play and expect it to stand on it's own. Let me guess: you didn't find out who John Galt is. Yeah, that was kind of a big plot point in the book.
Oh, and Texas is the Lone Star State, not the Longhorn State. If you weren't a West Coast government employed elitist and had grown up in the Real America like me you'd know that.
I'm just kidding, big guy! Love the blog!