QUOTE(stevenotley @ Jun 13 2008, 06:33 PM)

Er, hello. I'm Stephen Notley, cartoonist of the "Atlas Shrugged 2: One Hour Later" cartoon. I discovered this thread on the Internets and I registered and logged in to say a couple of things.
1) I had not read the book. I'd read a proposed screenplay based on the book. I'm *now* reading the book, which caused me to go on the wee Googling trip that brought me here.
2) I am a socialist.
3) No, really. But my definition of socialism is: Human efforts are put to best use in societies.
Mr. Notley,
Your definition of Socialism is technically false. The actual meaning of Socialism is "A political-economic system within which the means of production are controlled by the State." Note that this is not a special Objectivist definition but rather a definition widely agreed upon by economists, political scientists and philosophers of many different viewpoints.
Speaking as a qualified economist, both Socialists and Classical Liberals believe that the system they advocate (Socialism and Capitalism respectively) actually does put human efforts to the best use within society. In other words, by your definition of "Socialism," both Classical Liberals and Socialists claim to be "Socialist" (again, by your definition).
The difference between Socialism (academic definition) and Capitalism is, with respect to your definition, one of means. i.e, what 'mechanism' puts human efforts to their best uses. Socialists advocate using the State to do this, Classical Liberals advocate allowing individuals to sort out the matter by themselves through voluntary dealings with eachother.
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More specifically, I do not subscribe to the battle between labor and capital over who made the wealth as though we were contending over the results of a zero-sum game.
Good.
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I believe that social behavior has a *multiplicative effect* on production rather than an additive effect. That is, when labor and capital work together, they create more than the sum of their individual separate efforts. Capitalists and laborers both, if forced to work without society, will spend their lives on subsistence. If they work together they will create wealth in abundance, more than what both of them together put in.
Again, you are correct.
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So, given that hooking ourselves into a social system allows us to generate vastly greater wealth than what we'd make alone, how shall we divide the spoils? There is an adversarial relationship between labor and capital, just as there is an adversarial relationship between the defense and the prosecution in a court of law. But both sets of adversaries, while competitors, are also partners in a system with a greater purpose. For defense and prosecution, the purpose is justice. For labor and capital, the purpose is wealth. The system relies on balance between the adversaries. That sounds wishy-washy librul, but it simply means that any powers, rights and privileges accorded to one side of the equation must also be accorded to the other. Seeking the ascendancy of one over the other is asking for a big ol' disaster in the face, it seems to me.
That doesn't sound like Socialism to me, indeed it makes some important points. However there are a few things I would advise you to look out for.
First, the distinction between labor and capital is getting very blurred. The Marxist concepts of labor (proletariat) and capital (bourgeois) are only applicable in the context of an early-to-mid-stage industrial economy where capital is so rare and expensive that to accumulate it requires vast wealth. In the west today, a very common item of capital (for example, the PC) can be found in the vast majority of homes. People can run businesses with nearly no barriers to entry now thanks to the online economy. Indeed, the dichotomy between labor and capital is basically obsolete.
Second, Rand did not preach the ascendancy of capital over labor. She saw all production, including labor, to be a product of that producers mind (even menial labor requires some mind to be carried out), and thus the producer had complete sovereignty over it. Thus, if a single producer wants to trade his product for money by working for someone else, thats fine.
Third, Rearden made his own alloys!