The Morality of Capitalism

A mind operating from prior conclusions does not go looking for evidence that might challenge them. It looks for evidence that confirms, and mistakes the confirmation for proof.

Writing in 1957, decades before Effective Altruism had a name or a giving pledge, Ayn Rand described altruism’s core demand: that need functions as “the first mortgage on your life and the moral purpose of your existence.”

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.”

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.