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Wednesday, December 17, 2025

Fifty Shades of Capitalism: Pain and Bondage in the American Workplace

Fifty Shades of Capitalism: Pain and Bondage in the American Workplace

By Lynn Parramore, a contributing editor at Alternet. Posted at Naked Capitalism. Cross posted from Alternet

If the ghost of Ayn Rand were to suddenly manifest in your local bookstore, the Dominatrix of Capitalism would certainly get a thrill thumbing through the pages of E.L. James’ blockbuster Fifty Shades of Grey.

Rand, whose own novels bristle with sadomasochist sexy-time and praise for the male hero’s pursuit of domination, would instantly approve of Christian Grey, the handsome young billionaire CEO who bends the universe to his will.

Ingénue Anastasia Steele stumbles into his world — literally — when she trips into his sleek Seattle office for an interview for the college paper. When she calls him a “control freak,” the god-like tycoon purrs as if he has received a compliment.

“’Oh, I exercise control in all things, Miss Steele,’ he says without a trace of humor in his smile. ‘I employ over forty thousand people…That gives me a certain responsibility – power, if you will.’”

She will. Quivering with trepidation, Anastasia signs a contract to become Christian’s submissive sex partner. Reeled in by his fantastic wealth, panty-sopping charm, and less-than-convincing promise that the exchange will be to her ultimate benefit, she surrenders herself to his arbitrary rules on what to eat, what to wear, and above all, how to please him sexually. Which frequently involves getting handcuffed and spanked. “Discipline,” as Christian likes to say.

Quoting industrial tycoon Andrew Carnegie, Christian justifies his proclivities like an acolyte of Randian Superman ideology: “A man who acquires the ability to take possession of his own mind may take possession of anything else to which he is justly entitled.” (Rand’s worship of the Superman obliged to nothing but his intellect is well-known and imbued with dark passions; she once expressed her admiration for a child murderer’s credo, "What is good for me is right," as "the best and strongest expression of a real man's psychology I have heard” in a 1928 diary.)

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