There is a Rand-ian trope (or Mises-macherei) that attempts to reverse the Marxian notion that labour is the unit of economic contribution, that working people are the creators of our world, and capitalists mere parasites. The opposing view — pushed by Ayn Rand, and advocated in increasingly stark terms by right-wing politicians, is that the capitalists and managers are “job-creators”, that everything exists because of their contributions. From Adam Smith’s idea that capitalism enables the private greed to be channeled into promoting the public good, we have come to the notion that private greed is itself almost a form of charity.
The reductio ad absurdum has been provided (of course) by Donald Trump, in the less commented upon portion of his bizarre attack on the family of killed-in-action Muslim American soldier Humayun Khan. Responding to Khizr Khan’s attack “You have sacrificed nothing — and no one,” Trump said
I think I’ve made a lot of sacrifices. I work very, very hard. I’ve created thousands and thousands of jobs, tens of thousands of jobs, built great structures. I’ve had tremendous success. I think I’ve done a lot.
For Trump, a rich man’s “tremendous success” is itself a sacrifice, to be matched against an ordinary man losing his child.
Brecht’s take on this question is below. I cited it in the last US presidential election as well.
Continue reading “The sound of one invisible hand clapping”