Thank you for reporting on Western Carolina University’s instituting their Ayn Rand studies at the behest and endowment of the BB&T banking firm [“Capitalism on Campus,” Dec. 23].
Those who have read Ayn Rand do not need to be told that her writings represent the core of the collection of bad ideas that, up till now, have brought us the Bushes and the Cheneys of our day—and through the popular vote. These are the bait-and-switch tactics that endeavor to convince the common man that he is the next millionaire: All we have to do is abolish all such “wasteful” programs that aid the poor and underprivileged to gain a place in our society. Simultaneously, the worker is being informed—as of today—that he must be willing to accept lower wages. Such is the fiscal mess we find ourselves in, as a direct result of such ideas.
It is no suprise BB&T would want to foster such programs. They are eager to bring up their next generation of fiscal wizards—just as soon as our temporary regulatory mood goes away. Then we can resume cowboy capitalism once again, unfettered.
Unfortunately, any attempts to regulate the kind of program-building [practiced by] BB&T and other conservative, capitalist corporations are most likely to become enmeshed in constitutional quagmire. The best antidote may well be for us to seek to direct endowments to colleges and universities fostering liberal, socially progressive programs.
— Tom Coppola