| | Jay Abbott,
You said, "I think if you are going to have a philosophy for living, that you are obligated to provide a translation as to how it will work in the real world. I still think there is no reason why Objectivism could not do this."
"How it will work in the real world" is a vague request. And please note that you are mixing a couple of things up - you say "...you are obligated..." Who, specifically, is obligated? Ed, Ted, John? And when you say, Objectivism could do this, you are talking about a body of knowledge - not people.
Rand did provide the principles in metaphysics, epistemology, aesthetics, and ethics. She also identified the basic political principles and commented on economics and made a few observations on laws. Others have contributed and continue to do so.
But there are many, many more fields that are involved in providing humans with what it takes to flourish in the modern world - economics, political science, law, psychology, cultural studies, history, and on and on.
Every single field or discipline should be examined from the perspective of Objectivism. But that does NOT mean they are part of Objectivism. Just as physics, chemistry, biology, geology, or civil engineering are not part of Objectivism. Because a field is not part of philosophy doesn't mean contradictions with Objectivist Metaphysics or Epistemology are accepted. Knowledge is hierarchical and philosophy is the foundation, the base. The other fields build upon it. Some disciplines need major rewrites, other only a tiny bit of tweaking. It is because of the hierarchy that we can give priority to one layer over those built upon it.
Quick example: When you drive somewhere, you have a body of knowledge and set of skills that permit you to move a large metal object at high speeds in close proximity to others - safely. Should your knowledge of traffic signals, or driver's education, or local knowledge of the streets be a part of Objectivist Philosophy? Of course not, but if someone says that they should be permitted to run a red light but others shouldn't, then the resolution will be pushed back to law, and if the disagreement isn't resolved there, pushed back to ethics, and so forth.
Failure to observe the hierarchical nature of knowledge would destroy the mechanism that permits us to integrate our knowledge in a way that lets us to verify the validity of the chain of reasoning, recognize epistemological contexts, and ensure the continuation of the most basic of purposes from the most elemental through to the most concrete and individual.
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