Although Stadler agrees with Dagny's complaints about the unscientific tone of the report, he refuses to override it. As a result, many significant organizations boycott the line. Robert Stadler, the Institute publishes a report condemning the metal without identifying problems with it. After Hank refuses to sell the metal to the State Science Institute, a government research foundation run by Dr. Dagny opts to use Rearden Metal in the Rio Norte Line, becoming the first major customer for the product. In Philadelphia, self-made steel magnate Hank Rearden develops Rearden Metal, an alloy lighter and stronger than conventional steel. Wyatt demands that Dagny supply adequate rails to his wells before the ruling takes effect. To recoup the railroad's losses, Jim influences the National Alliance of Railroads to prohibit competition in prosperous areas such as Colorado. Mexico nationalizes the mines and railroad line, but the mines are discovered to be worthless. Despite the risk, Jim and Boyle invest heavily in a railway for the region while ignoring the Rio Norte Line in Colorado, where entrepreneur Ellis Wyatt has discovered large oil reserves. Dagny is also disappointed to discover that the Argentine billionaire Francisco d'Anconia, her childhood friend and first love, is risking his family's copper company by constructing the San Sebastián copper mines, even though Mexico will probably nationalize them.
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Her brother Jim, the railroad's president, seems to make irrational decisions, such as buying from Orren Boyle's unreliable Associated Steel. As economic conditions worsen and government enforces statist controls on successful businesses, people are heard repeating the cryptic phrase "Who is John Galt?" which means: "Don't ask questions nobody can answer" or more broadly, "Why bother?". Rand studied operations of the New York Central Railroad as research for the story.ĭagny Taggart, the operating vice-president of Taggart Transcontinental railroad, keeps the company going amid a sustained economic depression. Aside from the United States, most countries are referred to as "People's States" that are implied to be either socialist or communist. There is very little mention of historical people or events, not even major events such as World War II. Many early 20th-century technologies are available, but later technologies such as jet planes and computers are largely absent. Both the social customs and the level of technology remind one of the 1950s". The pattern of industrial organization appears to be that of the late 1800s-the mood seems to be close to that of the depression-era 1930s. Writer Edward Younkins said, "The story may be simultaneously described as anachronistic and timeless. The US appears to be approaching an economic collapse, with widespread shortages, business failures, and decreased productivity.
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6.1.3 Atlas Shrugged: Part III: Who Is John Galt?Ītlas Shrugged is set in a dystopian United States at an unspecified time, in which the country has a "National Legislature" instead of Congress and a "Head of State" instead of a President.The book has also achieved currency among libertarian and conservative thinkers and politicians. After several unsuccessful attempts to adapt the novel for film or television, a film trilogy based on it was released from 2011 to 2014. The novel ends with the strikers planning to build a new capitalist society based on Galt's philosophy of reason and individualism.Ītlas Shrugged received largely negative reviews after its 1957 publication, but achieved enduring popularity and ongoing sales in the following decades. Dagny and Hank discover that a mysterious figure called John Galt is persuading other business leaders to abandon their companies and disappear as a strike of productive individuals against the looters.
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Railroad executive Dagny Taggart and her lover, steel magnate Hank Rearden, struggle against "looters" who want to exploit their productivity. The book depicts a dystopian United States in which private businesses suffer under increasingly burdensome laws and regulations. In doing so, it expresses the advocacy of reason, individualism, and capitalism, and depicts what Rand saw to be the failures of governmental coercion. The book explores a number of philosophical themes from which Rand would subsequently develop Objectivism. The theme of Atlas Shrugged, as Rand described it, is "the role of man's mind in existence". Atlas Shrugged includes elements of science fiction, mystery, and romance, and it contains Rand's most extensive statement of Objectivism in any of her works of fiction. Rand's fourth and final novel, it was also her longest, and the one she considered to be her magnum opus in the realm of fiction writing. Atlas Shrugged is a 1957 novel by Ayn Rand.