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Image of Trader Joe’s shrugged

The successful efforts of a community activist group to scuttle a planned Trader Joe’s development in an economically distressed neighborhood of Northeast Portland, Ore., illustrates the depths to which ideologues will go under the deceptive banners of racial justice and economic fairness.

It is not enough that the $8 million development of four-to-10 retail businesses, with Trader Joe’s serving as the anchor tenant, would bring new jobs, quality food and other goods and services, and tax revenues, to a poor neighborhood. PAALF wanted to extract tribute from the developers and businesses in order to further advance its social and political agenda.

Trader Joe’s shrugged by deciding to bail out, citing “negative reactions from the community.” Trader Joe’s said, “We run neighborhood stores, and our approach is simple: if a neighborhood does not want a Trader Joe’s, we understand, and we won’t open the store in question.”

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About objectivism

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My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute.

My philosophy, Objectivism, holds that:

  1. Reality exists as an objective absolute—facts are facts, independent of man’s feelings, wishes, hopes or fears.
  2. Reason (the faculty which identifies and integrates the material provided by man’s senses) is man’s only means of perceiving reality, his only source of knowledge, his only guide to action, and his basic means of survival.
  3. Man—every man—is an end in himself, not the means to the ends of others. He must exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself. The pursuit of his own rational self-interest and of his own happiness is the highest moral purpose of his life.
  4. The ideal political-economic system is laissez-faire capitalism. It is a system where men deal with one another, not as victims and executioners, nor as masters and slaves, but as traders, by free, voluntary exchange to mutual benefit. It is a system where no man may obtain any values from others by resorting to physical force, and no man may initiate the use of physical force against others. The government acts only as a policeman that protects man’s rights; it uses physical force only in retaliation and only against those who initiate its use, such as criminals or foreign invaders. In a system of full capitalism, there should be (but, historically, has not yet been) a complete separation of state and economics, in the same way and for the same reasons as the separation of state and church.

- Ayn Rand