"The Money-Making Personality" by Ayn Rand

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5 жыл бұрын

Ayn Rand at Columbia University -- part 2: The Money-Making Personality
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In this radio talk, Ayn Rand identifies two types of business personality: Money-Makers (innovators and entrepreneurs who take calculated risks and succeed on free markets) and Money-Appropriators (those who become rich illegitimately, by “cutting corners” or political favoritism). Along the way she describes the qualities of the real-life money-makers such as steamship and railroad tycoon Cornelius Vanderbilt, steel industrialist Andrew Carnegie, automobile innovator Henry Ford and banking magnate J. P. Morgan.
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Пікірлер: 123

@limitless1692 5 жыл бұрын

I can't thank her enough ... Some people can change the world even when they are not alive anymore She is somebody that i admire

@INPEROSA 4 жыл бұрын

"Moneymaker does not care for money as such; money to him is a mean to an end, the mean to expand is activities. Most moneymaker are indifferent to luxury and their manner of living is startlingly modest in relation to their wealth" So true

@aliensoup2420 Жыл бұрын

Evidenced by Steve Jobs, Elon Musk, and Warren Buffet.

@enlist6450 5 жыл бұрын

Beautiful. Just beautiful. She is such an inspiration. She couldn't have imagined how much she would benefit the world - the productive, free world - after she was gone.

@areez22 Жыл бұрын

@PinballBob1 4 жыл бұрын

I am truly amazed that Ayn Rand's article was published in COSMOPOLITAN magazine. My, how times have changed !

@DriveupLife22 7 ай бұрын

As with all things, people like what's hip. Ayn Rand was very hip for a few decades.

@legendre007 5 жыл бұрын

An extremely important topic, as can only be articulated by Ayn Rand.

@kbruff2010 4 жыл бұрын

I Agree

@Myfirstmil 3 жыл бұрын

Agreed, that this can only be articulated by Ayn Rand

@A_friend_of_Aristotle 4 жыл бұрын

I have a substantial library of Rand's audio recordings, this one is new to me. Thanks ARI!

@chocolatier9597 4 жыл бұрын

Please share them!

@OWOT-re5jf Жыл бұрын

Ayn Rand maximized her amazing mind! She was correct in her predictions of our social and economic downfalls and altruism.

@tomsisson660 9 ай бұрын

What Ayn Rand needed to see is that the scientist, engineer, or inventor often goes penny less because the business man or CEO often takes the invention or scientific discovery and profits from it and refuses to share any of the profits with the inventor. I have been in this situation. I know that this happens. Tom Sisson

@JK-ji3kl 9 ай бұрын

I agree. And the CEO's and businessmen she talked about as examples most probably had the social capacities to network and really make money - which unfortunately contradicts her own cute little story.

@starpage39 4 жыл бұрын

She's really a genius. Been her follower since I read the fountainhead while I was in high school and college and now. My admiration never lessen a bit. Got a complete list of her books and writings. We the Living movie is great to watch. She's top in my list of writer , John Grisham the second best. Both are Giants.

@billlupin8345 4 жыл бұрын

She's alright. Anthem was good. While it had good ideas, I feel like there was a lot of fat to trim off of Atlas Shrugged and Fountainhead. John Grisham is hot trash, though. Get some Mark Twain and some Douglas Adams in your life.

@starpage39 4 жыл бұрын

@@billlupin8345 why that negative lines against John Grisham ?

@billlupin8345 4 жыл бұрын

@@starpage39 Because you think he's good.

@starpage39 4 жыл бұрын

@@billlupin8345 we all have right to select one. If JG doesn't appeal to you, I respect that. Respect mine too.

@billlupin8345 4 жыл бұрын

@@starpage39 We all have a right to read what we want. You do not have a right to respect for your rubbish taste.

@gmilitaru 5 жыл бұрын

Those who do not learn the history of capitalism are condemned to lose it.

@fromthepeanutgallery1084 4 жыл бұрын

Very little from Historical ideologies is any good, because it's already in the past. Anyone with past philosophy is condemned to commit/use the same old technologies and ideologies over and over again, and they do. New ideas, inventions and great innovations, rely nothing on the past. Otherwise we would still be living in caves and mudhuts; driving cars with reins [(as they were first driven) using old horse and buggy mentality] instead of with a steering wheel (which was a novel invention, nothing like it existed ever before)

@solsticemoon1220 2 жыл бұрын

@@fromthepeanutgallery1084 I'm not sure I fully understood your points, but the truth does not suddenly change because we are living in a different time now. If you truly understand what capitalism is, you'll see that it cannot ever become outdated and replaced with something "better".

@fromthepeanutgallery1084 2 жыл бұрын

@@solsticemoon1220 Most people copy from each other or build on the past, (the improved widget or idea) Very few people are original, whose ideas and concepts have "0" to do with the past. One such person was Rene Descartes. Credited as the father of analytic geometry, the bridge between algebra and geometry (infinitesimal calculus and analysis) Whose knowledge came not from this dimension but from another - he was visited by an Angel (of truth) This is documented fact.

@solsticemoon1220 2 жыл бұрын

@@fromthepeanutgallery1084 what is documented and what really happened may not necessarily coincide, though I'm not sure how exactly that is relevant to the history of capitalism. I do believe it is possible for information to be transferred between *dimensions*, if you will. Another example is Dr. Ryke Geerd Hamer, who, through the help of his deceased son, who visited him in dreams, was able to discover the cause of cancer. Of course, you won't hear a lot of him in mainstream circles, other than perhaps that he was a raving anti-semite.

@fromthepeanutgallery1084 2 жыл бұрын

@@solsticemoon1220 "Those who do not learn the history of capitalism are condemned to lose it." The original statement up top by: G. Militaru. All I'm attempting to say is: 1. No true learning is from history (it's old, past, burned out) 2. Capitalism is a failing system on many levels.(greed, corruption, false hopes, to name a few) Perhaps "NOT learning from history" might be a good thing, if it culminates in Capitalism being lost, and discovering a new and better system, whatever that may be. As it does not exist yet, it's going to take more than history or the past to invent it, it will have to come from a higher dimension capable of introducing a future financial system. As did Descartes Angel who said to him: "The conquest of nature is to be achieved through measure and number." The result: He developed a system for using letters as mathematical variables; and discovered how to plot points on a plane called the Cartesian plane. It works, bottom line. Now Crypto may be the beginnings of this....Novel, nothing like it ever before in history. Satoshi Nakamoto...a true genius, not some historical parrot, monkey, ape or carbon copy

@omkardubey8654 3 жыл бұрын

I can't believe to the extent this women predicted it and was right.

@ANascente 3 жыл бұрын

Magnificent! 💖 Maybe one day we’ll have an Ayn Rand University in the real world too.

@areez22 Жыл бұрын

The Ayn Rand Institute exists

@CineSolutions 4 жыл бұрын

Powerful and timely.

@kardrasa 5 жыл бұрын

The world changes, but people don't really change. We are so constraint by our Biology, its frightening. The things she says were true back then and today.

@nasherbuenafe5623 4 ай бұрын

Just what I needed thanks🎉

@jaswerner419 Жыл бұрын

WOW 😲😳 I read and saw a few videos.....this is Fantastic 😍..in Atlas Shrugged BOTH Grandfather's of Daphne and Franconia Railroad and mining ⛏️ company have failure in the beginning and keep on plugging away. The Grandfather reference at 8-9 minutes in is reminiscing about persistence in Achievement of Success in Business or any other endeavor...

@VasiliosKambouras 3 жыл бұрын

This goes really good over LoFi beats

@CreativeCat333 9 ай бұрын

Make it

@hyperreal 7 ай бұрын

Post a link pls i wanna hear!

@kbruff2010 4 жыл бұрын

Profound.

@12vscience Жыл бұрын

Yup. There are makers and takers.

@HLLTAF 5 жыл бұрын

My favourite video so far. But what is the strange audio feedback?

@Avidcomp 5 жыл бұрын

Possibly a degraded available recording that's been cleaned up as best as it could have been. Still interesting to listen to. p.s. An appreciator of Ayn Rand living in the UK? I often feel as I'm the only one. At least I've never personally met another one.

@billlupin8345 5 жыл бұрын

Market Forces Ha, somebody grew up in the 00’s. That’s tape hiss. At some point, this speech was converted to cassette.

@billlupin8345 5 жыл бұрын

I get the distinct impression that the Rand institute isn't very tech savvy.

@enlist6450 5 жыл бұрын

👋 Australian in the UK here. I never discuss politics, but some of the people I work with have the characteristics she described in this lecture. But it can feel lonely. Objectivism isn't currently in vogue.

@A_friend_of_Aristotle 4 жыл бұрын

@@billlupin8345 Some recordings are impossible to clean up without reducing the quality of the content. These are digital conversions of magnetic audio recordings from a radio broadcast. Some static and station bleed from the original broadcast, aged magnetic media and minor imperfections, and the limits of digital conversion all conspire to make it impossible to get the perfection you seem to expect.

@nw8000 4 жыл бұрын

Is there a transcript of this in English

@nw8000 4 жыл бұрын

@Mike Fernandez Hey thanks for taking the time out to reply. It must be hard keeping away from other peoples kids

@nw8000 4 жыл бұрын

@Mike Fernandez Yes so when do you go back in side to see your boyfriends?

@tomsisson660 9 ай бұрын

One lesson I got from this s that the entrepreneurial mind thinks differently than the employee mind thinks. Employee minds look at corporations and thinks “maybe someday I could sworn there and hold a job there.” The entrepreneurial mind looks at a corporation and thinks “how can I use the machinery of that corporation to expand my business.” The machinery of a corporation doesn’t mean just the assembly line machinery used to make a product, it also includes resources, land, labor, capital, and entrepreneurship, and leadership. Tom Sisson

@meirelesgabriel 5 ай бұрын

We need more of this to be spread out, so the socialist minds may develop some sense and consciousness.

@drbonesshow1 2 жыл бұрын

From the cave to New York City to the The Cave in NYC.

@TheMightyWalk 9 ай бұрын

She described elon

@saikumar-qx5jz Жыл бұрын

❤️❤️❤️

@drbonesshow1 2 жыл бұрын

Einstein was quiet too and looked how that turned out.

@UNCIVILIZE 7 күн бұрын

This is almost the exact story of TESLA and Elon Musk, a producer.

@abramgaller2037 5 жыл бұрын

Warren Buffet is a paradigm of Ayn Rand's "money appropriator".

@enlist6450 5 жыл бұрын

I wouldn't say so. He made a small number of careful, long-term, thoughtful bets, which paid off over decades. In his political views, of course, he is disappointing, but Ayn Rand took note of the fact that men can be practical geniuses in their line of work while being deluded in other matters.

@abramgaller2037 5 жыл бұрын

To be honest ,I am not sure,but Buffet literally made bets based on consummate knowledge of tax laws and did not innovate .

@chocolatier9597 5 жыл бұрын

En list What’s your favorite work of Aynd Rand?

@essentialist1079 5 жыл бұрын

@@chocolatier9597 The Fountainhead. Haven't read Atlas yet. I hugely enjoyed The Romantic Manifesto and I liked ITOE.

@chocolatier9597 5 жыл бұрын

@@essentialist1079 Thanks. I have a copy of The Fountainhead and The Romantic Manifesto; haven't read Atlas and ITOE yet.

@drstrangelove09 5 жыл бұрын

That camera was not available in '63.

@fromthepeanutgallery1084 4 жыл бұрын

I remember seeing my first polaroid Camera Model 20 when I was a kid in Africa at age 7 (1965) I still remember my aunt making a photo with it. It was magical as the image appeared when the backing was pulled away to reveal the image. Then coating it with that stinky gel, and waving it around in the air too dry. Great memories.

@markdonald8360 3 жыл бұрын

1948

@drstrangelove09 3 жыл бұрын

@@markdonald8360 For what? THe camera shown? No. That's an SX-70. Available 1972-1981 en.wikipedia.org/wiki/Polaroid_SX-70

@SV42165 3 жыл бұрын

What weird sounds coming from the backgrounds!😱

@areez22 Жыл бұрын

Good looking profile picture by the way

@HappySlapperKid Ай бұрын

Sound like minions

@malcolmoluwasanmi6398 2 жыл бұрын

This audio ...

@khanh8541 4 ай бұрын

22:50 success of the money maker

@upgrade01a 5 жыл бұрын

Steve Jobs and Steve Wozniak

@claduke 5 жыл бұрын

Justin Time Wasn’t Wozniak an admirer of Rand?

@aliensoup2420 Жыл бұрын

Before the success of Apple, Wozniak was not a money maker mentality. He was an engineer and did not care about business or profit. He wanted to give away his plans for the Apple 1 for free. Jobs was the profiteer and money-maker.

@aek12 6 ай бұрын

Sad her novel is not taught in schools. What a shame.

@dawnemile4974 3 жыл бұрын

Can someone be a moneymaker and contribute to society in a meaningful way? Do we care about the money someone had I'm the past more than a work of literature or great art?

@gosugosu1280 2 жыл бұрын

did you even listen to the audio?

@charlesg7926 2 жыл бұрын

The entire point is moneymaker’s are good because they contribute to society yet live modestly compared to their wealth

@mikeb5372 2 жыл бұрын

@@charlesg7926 That is not what Ayn Rand says

@stephanieb663 Жыл бұрын

Moneymaker don't work for money, they make money so they can create.

@cut-- 3 жыл бұрын

I grew up in a family owned business and learned so much about being financial independent. Then I discovered Rush Limbaugh and learned what it means to be politically conservative. Then I read Ayn Rand and learned what it means to be a libertarian. Then TRUMP came along and completed my education. :)

@areez22 Жыл бұрын

What did you learn from Trump? Public speaking?