Ayn Rand-loving CEO destroys his empire
How many times over recent months have I encountered worshippers of Ayn Rand?
Rand was not intellectually or academically qualified in any sense other than story-telling to espouse any grand theory of Kapitalism as a religion.
"Crazy Eddie has been one of America’s most vocal advocates of discredited free-market economics, so obsessed with Ayn Rand he could rattle off memorized passages of her novels."
How many times over recent months have I encountered worshippers of Ayn Rand?
Rand was not intellectually or academically qualified in any sense other than story-telling to espouse any grand theory of Kapitalism as a religion.
"His fairy godmother was Ayn Rand, the dashing diva of free-market ideology whose quirky economic notions would transform him into a glamorous business hero ...
... Lampert is now known as one of the worst CEOs in America — the man who flushed Sears down the toilet with his demented management style and harebrained approach to retail.
Sears stock is tanking.
His hedge fun is down 40 percent, and the business press has turned from praising Lampert’s genius to watching gleefully as his ship sinks. Investors are running from “Crazy Eddie” like the plague.
That’s what happens when Ayn Rand is the basis for your business plan."
