tommyedison Posted October 23, 2004 Report Share Posted October 23, 2004 Was Francisco right in blasting all the d'Anconia mines? Because the mines didn't solely belong to him. The stockholders had their share in it as well. Quote Link to comment Share on other sites More sharing options...
Elle Posted October 23, 2004 Report Share Posted October 23, 2004 Was Francisco right in blasting all the d'Anconia mines? Because the mines didn't solely belong to him. The stockholders had their share in it as well. Have you read Francisco's explanation? Quote Link to comment Share on other sites More sharing options...
Betsy Posted October 23, 2004 Report Share Posted October 23, 2004 Was Francisco right in blasting all the d'Anconia mines? Because the mines didn't solely belong to him. The stockholders had their share in it as well. Francisco gave his RATIONAL shareholders plenty of warning and most of them bailed out before that. That's what the playboy act and what he pulled off before Jim's wedding were all about. Quote Link to comment Share on other sites More sharing options...
JRoberts Posted October 23, 2004 Report Share Posted October 23, 2004 I like to think of it this way, Tommy: Fransisco treated each person in accordance with their nature. Jim and his friends were crooks. Thus he dealt with them as if they were crooks and didn't warn them-causing them to lose money (that wasn't really theirs). Then, as Betsy said, those who were rational-Fransisco treated as if they were rational and warned-allowing them to save the money (that was theirs). Each got what he deserved. That is called justice. Quote Link to comment Share on other sites More sharing options...
oldsalt Posted October 24, 2004 Report Share Posted October 24, 2004 Was Francisco right in blasting all the d'Anconia mines? Because the mines didn't solely belong to him. The stockholders had their share in it as well. Tommy: Put yourself into the world of Atlas Shrugged for a moment. You are living in a world made up of "People's States," which exist by feasting like maggots on the dead carcus of American enterprise. You are considering either buying or holding stock in d'Anconia Copper, a company that is owned and operated by one man. By all accounts, that man is a worthless playboy with no redeeming virtue to be seen. The only thing he has going for him is the wealth created by his ancestors, which you see him squandering in wreckless abandon. As a rational man, how would you decide? Wouldn't you expect to lose your money? Quote Link to comment Share on other sites More sharing options...
tommyedison Posted October 24, 2004 Author Report Share Posted October 24, 2004 Alright, he did give plenty of warnings before blasting the mines. But what about the San Sebastian disaster? He never gave a warning before that. Granted that the majority of his stockholders were people like James and they got what they deserved but that does not mean that all of his stockholders were corrupt. At any rate, there must have been a first time when he started out to intentionally destroy D'Anconia Copper. My question is whether it was right to start destroying something he had never completely owned in the first place? Quote Link to comment Share on other sites More sharing options...
Betsy Posted October 24, 2004 Report Share Posted October 24, 2004 At any rate, there must have been a first time when he started out to intentionally destroy D'Anconia Copper. My question is whether it was right to start destroying something he had never completely owned in the first place? He started the playboy act and made public statements that he did not care about making money YEARS before he began to destroy D'Anconia Copper. Rational investors had plenty of fair warning. Quote Link to comment Share on other sites More sharing options...
Thoyd Loki Posted October 24, 2004 Report Share Posted October 24, 2004 Alright, he did give plenty of warnings before blasting the mines. But what about the San Sebastian disaster? He never gave a warning before that. San Sebastian mines? You mean the ones that were nationalized without giving him a moments notice? Granted, he knew about it before they "sprang" it on him. But, it was not at the favor of those that plundered his project that he knew in advance. Quote Link to comment Share on other sites More sharing options...
oldsalt Posted October 24, 2004 Report Share Posted October 24, 2004 Tommy, you need to remember that D'Anconia Copper, along with Taggart Transcontinental, Reardon Steel, and all the others, were already being destroyed. All Francisco did was to turn a destruction he could not stop to his own purpose. And doing a superlative job of it, too. Quote Link to comment Share on other sites More sharing options...
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