"If we do away with private fortunes we'll have a fairer distribution of wealth." If we do away with genius we will have a fairer distribution of ideas."
This analogy fails since a genius can give their ideas to others (in the forms of books, papers, scientific theories, etc.), and in any case no matter how smart one guy is it doesn't cause anybody else to become dumber. On the other hand, if one rich person has all the money everybody else must have none.
"questions of truth do not enter into social issues. No principles have ever had an effect on society."
Oh REALLY? There have been quite a few religious wars which would never have been fought if those on both sides did not believe, passionately, that they have the one truth and everybody else is simply refusing to recognize it. Guess what: I think bin Laden REALLY BELIEVES the one true God Allah wants him to spread the truth of Islam everywhere. If he was working for "the interest of the moment", he would have stayed a mutli-multi-millionaire in Saudi Arabia. Same goes, for that matter, for Muhammad and Jesus, which seemed to have had a bit of influence on history.
"that as man must produce the physical values he needs to sustain life, so he must acquire the values of character that make life worth sustaining. That as man is a being of self made wealth, so is he a being of self made soul. That to live requires a sense of self value, but man who has no automatic values, has no automatic sense of self esteem and must earn it by shaping his soul in the image of his moral ideal."
Apparently, at night Ms. Rand would change into her secret identity of Captain Obvious, fighter for worn cliches. Gee, self-worth comes from having a character up to one's moral ideals? This is at least as old as Plato, if not far older.
"you are guilty of intolerance, because you don't treat your desire to live and their desire to kill you as a difference of opinion."
Presumably meant sarcastically.
"They did not know and their panic was the last of their struggle to escape the knowledge. That his merciless sense of justice, which had been their only hold on him, which had made him take any punishment and give them the benefit of any doubt, was now turned against them. That the same force that had made him tolerant was now the force that made him ruthless. That the justice which would forgive miles of innocent errors of knowledge, would not forgive a single step taken in conscious evil"
Gee: deliberate evil is worse than mere error. Captain Obvious, pick up the white courtesy phone... this, too--the notion of intentionality (i.e., that killing someone in a freak accident is a lesser crime than killing someone deliberately) is, of course, as old as Plato and Aristotle, and one of the bases of the justice system for the last 1000 years. There's much interesting to say about intentionality and its relation to punishment, but Rand doesn't say it.