#2. “Let anyone who believes that a high standard of living is the achievement of labor unions and government controls ask himself the following question: If one had a “time machine” and transported the united labor chieftains of America, plus three million government bureaucrats, back to the tenth century—would they be able to provide the medieval serf with electric light, refrigerators, automobiles, and television sets?”
― Ayn Rand, Capitalism: The Unknown Ideal
Very funny. Rand understands that the parasite class has no productive value, other than what they can get from others. Innovation thrives in the free market thanks to competition, self interest and capitalism.