thatâs fine. Iâll let the students read it and make their own judgments.â
Building an education revolution takes time, just like building a bank did. âWeâre now up to 60 programs,â Allison says, beaming. âAlmost all of the major universities in our footprint now, and lots of other colleges and universities. . . . And I get really positive feedback about this. I have talked to numerous students who have said, âMan, this course changed my whole worldview, and I am a better human being for it.ââ
John Allison also has a long list of Randian recommendations for repairing the American economy in the aftermath of the mortgage crisis that nearly destroyed it.
Heâd like to see the Federal Reserve stripped of its limitless powers to print money, and return to an objective standard of monetary value such as gold. Heâd like to see the tax code transformed so that consumption, not investment, is taxed. Heâd like to see Social Security, Medicare, and education privatized. Heâd like to see immigration liberalized so that the best and the brightest can come to the United States. Heâd like to see banks given more stringent capital requirements, and have them return to more traditional forms of mortgage lending. 26
Most important, he wants to change the culture. He wants the attacks on capitalism to stop, for capitalism to be embraced as the most effective and the most moral system of economic organization. And itâs to that most important objective that heâs devoting his attention now, through his sponsorship of university programs on the morality of capitalism.
Can he win? Can capitalism win? Can Ayn Randâs ideas win? At least for Allison, theyâre winning the war on the home front. He says, âMy son read a lot of Objectivist stuff, seemed to agree with it, went away to college, and became very down on Objectivism. Then he graduated from college and took a couple months after he graduated, reread all the stuff, and said, âWow!â He said, âYou know, Randâs right.ââ
So perhaps thereâs hope. Maybe someday Allison will return from academia to the world and, like John Galt, raise his hand over the desolate earth and trace in space the sign of the dollar.
Chapter 7
The Capitalist Champion
T. J. Rodgers as Francisco dâAnconia, the modern Renaissance man and agent provocateur for capitalism
Francisco could do anything he undertook, he could do it better than anyone else, and he did it without effort. There was no boasting in his manner and consciousness, no thought of comparison. His attitude was not: âI can do it better than you,â but simply: âI can do it.â What he meant by doing was doing superlatively.
âAtlas Shrugged
Who is Francisco dâAnconia?
In Atlas Shrugged , Francisco dâAnconia is one of John Galtâs inner circle in organizing the âmind on strikeââpersuading men of ability to walk away from an immoral collectivist economic and political system, thus hastening its collapse.
DâAnconia is one of the worldâs wealthiest men, heir to a South American copper-mining business. From childhood he shows extraordinary ability in everything he undertakes, from athletics to academics to business. His ambition is to be worthy of his inheritance by expanding the already enormous dâAnconia Copper empire.
But when Galt persuades dâAnconia to help him with his strike, dâAnconia acts as an intellectual provocateurâbrilliantly skewering collectivist politicians and businessmen, and inspiring beleaguered industrialists. In attempting to recruit the nationâs leading steel executive for Galtâs strike, dâAnconia delivers at a cocktail party an impromptu treatise on the meaning and morality of money that is Randâs most sparklingly compelling writing on the virtues of capitalism.
âIs this the headquarters of a
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