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It's true. It is an effective motivational book for teenagers. But it is ridiculously simplistic, and it creates a false dichotomy between living for yourself and living for others. Rand rejects the notion that caring for others can be part of living for yourself. Objectivism is an absurdly cynical way to view the world. I think it's popular because it claims to have the answer, and it is so accessible. IMO Atlas Shrugged is a terrible book. Fountainhead is much better. Oddly I heard Ryan saying that Atlas Shrugged is required reading for his staff. I guess he's not that disenchanted.