Hello, all.
Why is productivity an Objectivist virtue?
Let me put it another way: In the context of self-interest, why should a person be productive? We live in an immensely wealthy world, so the basic comforts of life are pretty cheap. So how does it benefit a person to add to this wealth any more production than needed to pay his way through life? If self-interest is paramount, why should he produce anything more than he consumes? (Other than a rainy day fund for prudence’s sake.)
Granted, if a fellow has expensive tastes, he’ll need to be more productive. But that still comes back to why produce more than you consume? Once you are productive beyond what you can consume, you are producing, ultimately, for the benefit of others – typically those who will inherit your estate. By Objectivist lights that looks altruistic: You work so others prosper. Yet, that is the result of productivity beyond your needs.
Productivity requires your time, no matter how efficient you are, and time is the one commodity you have only so much of. Thus your limited supply of time expended for another’s benefit (like your heirs) at no return for yourself (what good is wealth you aren’t consuming?) is a sacrifice. So how is productivity, beyond your capacity to consume, in your self-interest let alone a virtue?
How does Objectivism square productivity with self-interest?
Regards,
Bill
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