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Without the creation there would be no creative human minds made in the image of the Creator nor the raw resources to produce a value added product.
Without the creative mind willing to make the effort to grow in knowledge and understanding and do the work of making a needed or wanted product, there would be no product for the government middleman to take and share with a non-producer.
Praise rightly goes to the creators and producers of all the things the consumers need and want. He/she rightly deserves to reap what he/she sows.
I agree that holding those that loot from others in order to distribute to still others is often held up as virtuous instead of the thief that they really are. But charity itself is not evil. Even AR herself said that she had no problem with an individual that chooses of their own free will to provide charity. She didn't see it as a reason to place them above any other person.
I also don't think that the world merely shrugs at achievement. Increasingly, it depends on the political philosophy of the individual achiever. Progressive (socialist/collectivist) achievers are held up for great lauds - actors, bankers, industrialists - so long as they tout the party line. Achievers who do not spout those philosophies are scorned and ridiculed. This was less pronounced when Ms. Rand made this quote, but certainly not absent.