Francisco's Money Speech (excerpt)
Posted by richrobinson 10 years ago to The Gulch: General
I have been listening to Atlas Shrugged during my commute to and from work. I just listened to Francisco's money speech and he was explaining how looters can cause a society to vanish into ruin. He then asks if that day is coming. This gave me chills. I think this explains our current situation.
"Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.
"Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.
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And by the way: Rand accurately quotes the progressive mantra, "money is the root of all evil." It might interest you to know: the progressives misquote Paul of Tarsus on that point. In writing to his student, Timothy, Paul said "a love for money is a root of all sorts of evil." "A root," not "the root." And "all sorts of evil," not all the evil in the world. Nor do I imagine Paul of Tarsus would disagree with Francisco d'Anconia fundamentally on the point made above.
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