As Megan McArdle thinks, formerly of The Atlantic, here:
Human capital is like almost any other form of capital: it is a depreciating asset. The longer you stay out of the workforce, the less valuable you are to potential employers. You lose market intelligence and industry connections. Your technical knowledge and skills atrophy. And as my colleague Don Peck wrote in a devastating piece last year, the psychological effects of long-term unemployment change you permanently. Many of the people who have now been unemployed for years may never work again, or not at anything like the income that they had been expecting. ... Now think about what is happening to millions of people out there ... whose savings and social networks are exhausted (or were never very big to begin with), who are in their fifties and not young enough to retire, but very hard to place with an employer who will pay them as much as they were worth to their old firm. Think of the people who can't support their children, or themselves. Think of their despair. That is what these numbers mean: millions of people, staring into the abyss of an empty future. We don't know how to re-employ them. The last time this happened, in the Great Depression, World War II eventually came along and soaked up everyone in the labor force who could breathe and carry a toolbag. I hope to God we're not going to do that again, so what are we going to do with all these people?
----------------------------------------------------------------
That's what objectivism does to people. It turns them from your brother into The Other. But in your heart you know it is not so. You'll only be an object if you let them make you one, but to G-d you'll always be a subject, in which He is deeply interested.
Behold the fowls of the air: for they sow not, neither do they reap, nor gather into barns; yet your heavenly Father feedeth them. Are ye not much better than they?
-- Matthew 6:26
