Alan Greenspan misunderstands the nature of capitalism and human nature.

[NAO]

1. Alan Greenspan came under the influence of Ayn Rand

and Rand had (and still has) a powerful mind-warping effect on anyone who came under the influence of her ideas.

***

Articles about Ayn Rand and her insidious, lingering influence on the American Right:

How Ayn Rand Seduced Generations of Young Men and Helped Make the U.S. Into a Selfish, Greedy Nation
http://www.alternet.org/reproductivejustice/153454/how_ayn_rand_seduced_generations_of_young_men_and_helped_make_the_u.s._into_a_selfish,_greedy_nation

The Truth About GOP Hero Ayn Rand
http://www.alternet.org/teaparty/150680/the_truth_about_gop_hero_ayn_rand/

Resurrecting Ayn Rand: How Corporate Money Pushes Economic Poison on Campus
http://www.alternet.org/economy/154327/resurrecting_ayn_rand%3A_how_corporate_money_pushes_economic_poison_on_campus

Ayn Rand, Hugely Popular Author and Inspiration to Right-Wing Leaders, Was a Big Admirer of Serial Killer
http://www.alternet.org/books/145819/ayn_rand,_hugely_popular_author_and_inspiration_to_right-wing_leaders,_was_a_big_admirer_of_serial_killer/

Ayn Rand Railed Against Government Benefits, But Grabbed Social Security and Medicare When She Needed Them
http://www.alternet.org/teaparty/149721/ayn_rand_railed_against_government_benefits,_but_grabbed_social_security_and_medicare_when_she_needed_them/

10 Shameless Right-Wing Tributes to Ayn Rand That Should Make Any Sane Person Blush
http://www.alternet.org/teaparty/147872/10_shameless_right-wing_tributes_to_ayn_rand_that_should_make_any_sane_person_blush

The Alarming Revival of Ayn Rand: The Right's Weirdest Idol of Them All
http://www.alternet.org/teaparty/151674/the_alarming_revival_of_ayn_rand%3A_the_right's_weirdest_idol_of_them_all/

Why We Got Ayn Rand Instead of FDR: Thomas Frank on How Tea Party 'Populism' Derailed a New New Deal
http://www.alternet.org/teaparty/153973/why_we_got_ayn_rand_instead_of_fdr%3A_thomas_frank_on_how_tea_party_'populism'_derailed_a_new_new_deal