Rand’s novels promised to liberate the reader from everything that he had been taught was right and good. She invited her readers to rejoice in cruelty. Her heroes were superior beings certain of their superiority. They claimed their right to triumph by destroying those who were not as smart, creative, productive, ambitious, physically perfect, selfish, and ruthless as they were. Duggan calls the mood of the books “optimistic cruelty.” They are mean, and they have a happy ending—that is, the superior beings are happy in the end. The novels reverse morality. In them, there is no duty to God or one’s fellow-man, only to self. Sex is plentiful, free of consequence, and rough. Money and other good things come to those who take them. Rand’s plots legitimize the worst effects of capitalism, creating what Duggan calls “a moral economy of inequality to infuse her softly pornographic romance fiction with the political eros that would captivate a mass readership.”
Duggan traces Rand’s influence, both direct and indirect, on American politics and culture. Rand’s fiction was a vehicle for her philosophy, known as Objectivism, which consecrated an extreme form of laissez-faire capitalism and what she called “rational egoism,” or the moral and logical duty of following one’s own self-interest. Later in life, Rand promoted Objectivism through nonfiction books, articles, lectures, and courses offered through an institute that she established, called the Foundation for the New Intellectual. She was closely allied with Ludwig von Mises, an economist and historian who helped shape neoliberal thinking. When Rand was actively publishing fiction—from the nineteen-thirties until 1957, when “Atlas Shrugged” came out—hers was a marginal political perspective. Critics panned her novels, which gained their immense popularity gradually, by word of mouth. Mid-century American political culture was dominated by New Deal thinking, which prized everything that Rand despised: the welfare state, empathy, interdependence. By the nineteen-eighties, however, neoliberal thinking had come to dominate politics. The economist Alan Greenspan, for example, was a disciple of Rand’s who brought her philosophy to his role as chairman of the Council of Economic Advisers under President Gerald Ford and, from 1987 until 2006, as the chairman of the Federal Reserve.
Duggan doesn’t blame Rand for neoliberalism, exactly, but she spotlights the Randian spirit of what she calls the “Neoliberal Theater of Cruelty.”