Can Capitalism Survive?

by Leonard Peikoff | Sep 5, 2021

Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.

In this 1990 lecture, Leonard Peikoff offers an audience interested in business his perspective on whether free-market capitalism can survive. Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.

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Leonard Peikoff, was a close associate of Ayn Rand for thirty years, and is the foremost authority on her philosophy of Objectivism.

He is author of numerous books and lectures including Objectivism: The Philosophy of Ayn Rand, The Ominous Parallels: The End of Freedom in America, and The DIM Hypothesis: Why the Lights of the West Are Going Out, that develops an hypothesis explaining the major trends in philosophy, literature, physics, education, and politics throughout Western history.