By Ayn Rand, Nathaniel Branden, Alan Greenspan, Robert Hessen
This selection of 26 essays constitutes a demanding examine glossy society.
the rules of capitalism are being battered via a flood of altruism, that's the reason for the trendy world's cave in. this can be the view of Ayn Rand, a view so significantly against winning attitudes that it constitutes a big philosophic revolution. during this sequence of essays, she provides her stand at the persecution of huge company, the factors of conflict, the default of conservatism, and the evils of altruism. here's a demanding new examine sleek society by way of the most provocative intellectuals at the American scene. This version contains articles via Ayn Rand which didn't seem within the hardcover variation: The Wreckage of the Consensus, which provides the Objectivists perspectives on Vietnam and the draft; and Requiem for Man, a solution to the Papal encyclical Progresso Populorum. This choice of 26 essays contains twenty through Ayn Rand in addition to 3 essays by means of Alan Greenspan, via Nathaniel Branden, and one by way of Robert Hessen.
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Additional info for Capitalism: The Unknown Ideal
Example text
The role of chance, accident, or tradition, in this context, is the same as their role in the life of an individual: their power stands in inverse ratio to the power of a culture’s (or an individual’s) philosophical equipment, and grows as philosophy collapses. It is, therefore, by reference to philosophy that the character of a social system has to be defined and evaluated. Corresponding to the four branches of philosophy, the four keystones of capitalism are: metaphysically, the requirements of man’s nature and survival—epistemologically, reason—ethically, individual rights—politically, freedom.
Production is the application of reason to the problem of survival. If some men do not choose to think, they can survive only by imitating and repeating a routine of work discovered by others—but those others had to discover it, or none would have survived. If some men do not choose to think or to work, they can survive (temporarily) only by looting the goods produced by others—but those others had to produce them, or none would have survived. Regardless of what choice is made, in this issue, by any man or by any number of men, regardless of what blind, irrational, or evil course they may choose to pursue—the fact remains that reason is man’s means of survival and that men prosper or fail, survive or perish in proportion to the degree of their rationality.
Its materialistic utilitarianism, its naive confidence in progress of a certain type, its actual achievements in the field of pure and applied science, the temper of its artistic creations, may all be traced to the spirit of rationalism that emanates from the businessman’s office. ] The author of the article, who is not “naive” enough to believe in a capitalistic (or rational) type of progress, holds, apparently, a different belief: At the end of the middle ages western Europe stood about where many underdeveloped countries stand in the 20th century.