Rand disciple Alan Greenspan, for example, initiated the era of “Reaganomics” in the early 1980s by engineering “an increase in the most regressive tax on the poor and middle class,” writes Gary Weiss, “the Social Security payroll tax—combined with a cut in benefits.” For Greenspan, “this was no contradiction. Social Security was a system of altruism at its worst. Its beneficiaries were looters. Raising their taxes and cutting their benefits was no loss to society.”
Two years later, she was paired with social worker Evva Pryor, who gave an interview in 1998 about their relationship. “Rarely have I respected someone as much as I did Ayn Rand,” said Pryor. When asked about their philosophical disagreements, she replied, “My background was social work. That should tell you all you need to know about our differences.” Pryor was tasked with persuading Rand to accept Social Security and Medicare to help with mounting medical expenses.
I had read enough to know that she despised government interference, and that she felt that people should and could live independently. She was coming to a point in her life where she was going to receive the very thing she didn’t like…. For me to do my job, she had to recognize that there were exceptions to her theory…. She had to see that there was such a thing as greed in this world…. She could be totally wiped out by medical bills if she didn’t watch it. Since she had worked her entire life and had paid into Social Security, she had a right to it. She didn’t feel that an individual should take help.
Finally, Rand relented. “Whether she agreed or not is not the issue,” said Pryor, “She saw the necessity for both her and [her husband] Frank.” Or as Weiss puts it, “Reality had intruded upon her ideological pipedreams.” That’s one way of interpreting the contradiction: that Rand’s philosophy, Objectivism, “has no practical purpose except to promote the economic interests of the people bankrolling it”—the sole function of her thought is to justify wealth, explain away poverty, and normalize the sort of Hobbesian war of all against all Rand saw as a societal ideal.
Rand taught “there is no such thing as the public interest,” that programs like Social Security and Medicare steal from “creators” and illegitimately redistribute their wealth. This was a “sublimely enticing argument for wealthy businessmen who had no interest whatever in the public interest…. Yet the taxpayers of America paid Rand’s and Frank O’Connor’s medical expenses.” Randians have offered many convoluted explanations for what her critics see as sheer hypocrisy. We may or may not find them persuasive.
In the simplest terms, Rand discovered at the end of her life that she was only human and in need of help. Rather than starve or drop dead—as she would have let so many others do—she took the help on offer. Rand died in 1982, as her admirer Alan Greenspan had begun putting her ideas into practice in Reagan’s administration, making sure, writes Weiss, that the system was “more favorable to the creators and entrepreneurs who were more valuable to society,” in his Randian estimation, “than people lower down the ladder of success.” After well over three decades of such policies, we can draw our own conclusions about the results.