In this episode, Jonathan returns to the first scene of Chapter 3 and analyzes the political-economic ideas alluded to by James Taggart and Orren Boyle. In this scene, Ayn Rand associates socialism with fascism, which is a very similar argument to the ideas of Friedrich Hayek and Ludwig von Mises. Jonathan summarizes the main argument of Hayek's book The Road to Serfdom. Jonathan explains how the problem with iron ore supply discussed in this scene makes for an interesting comparison to current-day supply chain problems in the wake of the Covid pandemic. What should a government do when the economy is stalled due to a shortage of particularly important materials for supply chains, such as oil? The episode concludes with an analysis of Orren Boyle's idea of a "free economy" and includes the economic terms collusion and oligopoly.
My five themes to explore in this podcast's close read of Atlas Shrugged are:
Questions or comments? Email me at: socialistreads@gmail.com
Learn more about Jonathan Seyfried at their website, https://jonathanseyfried.art
If you'd like to support my creative work, please visit my Patreon page.
The intro/outro music was composed by John Sib.
The podcast theme image was created by Karina Bialys.
In this episode, Jonathan returns to the first scene of Chapter 3 and analyzes the political-economic ideas alluded to by James Taggart and Orren Boyle. In this scene, Ayn Rand associates socialism with fascism, which is a very similar argument to the ideas of Friedrich Hayek and Ludwig von Mises. Jonathan summarizes the main argument of Hayek's book The Road to Serfdom. Jonathan explains how the problem with iron ore supply discussed in this scene makes for an interesting comparison to current-day supply chain problems in the wake of the Covid pandemic. What should a government do when the economy is stalled due to a shortage of particularly important materials for supply chains, such as oil? The episode concludes with an analysis of Orren Boyle's idea of a "free economy" and includes the economic terms collusion and oligopoly.
My five themes to explore in this podcast's close read of Atlas Shrugged are:
Questions or comments? Email me at: socialistreads@gmail.com
Learn more about Jonathan Seyfried at their website, https://jonathanseyfried.art
If you'd like to support my creative work, please visit my Patreon page.
The intro/outro music was composed by John Sib.
The podcast theme image was created by Karina Bialys.