Philosopher Ayn Rand on Capitalism vs Communism

https://www.youtube.com/watch?v=HQMDJPaGhzI In this 1961 lecture, delivered to the Presidents Club of the American Management Association, Ayn Rand outlines commonly heard arguments for capitalism and emphasizes that the only proper defense is a moral one. She seeks to explain why capitalism has been so savagely attacked and why businessmen often bear those attacks in silence.

by Ayn Rand | May 3, 2019 | Philosophy

In this 1961 lecture, delivered to the Presidents Club of the American Management Association, Ayn Rand outlines commonly heard arguments for capitalism and emphasizes that the only proper defense is a moral one. She seeks to explain why capitalism has been so savagely attacked and why businessmen often bear those attacks in silence.

Ayn Rand

Russian born American novelist Ayn Rand is author of Atlas Shrugged and The Fountainhead and is originator of the philosophy of Objectivism. You can learn more about her life and philosophy at the website of the Ayn Rand Institute.

The views represent those of the author and not necessarily those of Capitalism Magazine.

RELATED ARTICLES

For the New Individualist: A Message of Hope, Love and Selfishness

For the New Individualist: A Message of Hope, Love and Selfishness

In her pamphlet, Textbook of Americanism, Ayn Rand wrote that “[a]n individualist is a man who says: “I will not run anyone’s life—nor let anyone run mine. I will not rule nor be ruled. I will not be a master nor a slave. I will not sacrifice myself to anyone—nor sacrifice anyone to myself.”

This Valentine’s Day Celebrate The True Meaning of Love

This Valentine’s Day Celebrate The True Meaning of Love

Love is far too precious to be offered indiscriminately. It is above all in the area of love that egalitarianism ought to be repudiated. Love represents an exalted exchange–a spiritual exchange–between two people, for the purpose of mutual benefit.