The Reaganite philosophy which is in full bloom in the USA right now is based on the narcissism of its idol, Ronald Reagan, and people like him. It is indeed right out of a bad movie of an Ayn Rand novel. It spells disaster for humanity.
The Hurricane Katrina disaster is exactly what is to be expected in a Reaganite world. No government services. No humanity in the response of government. No social consciousness. Just photo ops for those who will stop at nothing to achieve wealth and celebrity for themselves.
Buddhist thought is not individualistic in its relationship to society. While the Buddhist message is geared to individual responsibility and empowerment, its overall goal is the enlightenment (evolution) of all beings. This can only be achieved by the mindful and compassionate sharing of resources, ideas and goals among motivated human beings for the betterment of all.