John Stossel

Rand celebrates business and free markets. The elites don't like business. In every newsroom where I've worked, and at my college, Princeton, capitalism was derided as selfishness.

And lately, as a failure. On one website, someone wrote: "You'd think it was a joke, when the global economy was collapsing because of greed, that anyone might turn seriously to the purple prose of crypto-fascist (!) Ayn Rand and think it was the answer to anything" (http://tinyurl.com/cswqhe).

Well, I, for one, think her prose answers much.

The embrace of freer markets has lifted more people out of the misery of poverty than any other system -- ever. The World Bank says that in just the last 30 years, half a billion people who once lived on less than $1.25 a day have moved out of poverty.

But now, Wesley Mouch -- I mean, Congress and the bureaucrats -- tell us they are going to "fix" capitalism, as if their previous "fixes" didn't hamstring the free market and create the problems they propose to solve.

Who are they kidding? Rand had it right. She learned it the hard way in Soviet Russia. What makes a country work is leaving people free -- free to take risks, to invent things -- and to keep the rewards of their work.

Critics say Ayn Rand promotes selfishness. I call it "enlightened self interest." When free people act in their own self-interest, society prospers.

So there's my first show, maybe.

On second thought, with Barack Obama heading to Copenhagen promising America will cut its greenhouse gasses by 83 percent (not 82, not 84 -- exactly 83), I may do my first show on global warming.

I'll decide tomorrow -- when I begin my new career.


John Stossel

John Stossel is host of "Stossel" on the Fox Business Network. He's the author of "No They Can't: Why Government Fails, but Individuals Succeed." To find out more about John Stossel, visit his site at >johnstossel.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com. ©Creators Syndicate