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Ayn Rand 'Is Atlas Shrugging' From 'Capitalism: The Unknown Ideal'

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Uploaded by on Feb 20, 2011

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'Capitalism: The Unknown Ideal', is a collection of essays, mostly by Ayn Rand, with additional essays by her associates Nathaniel Branden, Alan Greenspan and Robert Hessen. The book focuses on the moral nature of laissez-faire capitalism and private property. The book has a very specific definition of capitalism, a system it regards as broader than simply property rights or free enterprise. It was originally published in 1966.

Ayn Rand born Alisa Zinov'yevna Rosenbaum, February 2 1905 -- March 6, 1982), was a Russian-American novelist, philosopher, playwright, and screenwriter. She is known for her two best-selling novels and for developing a philosophical system she called Objectivism. Born and educated in Russia, Rand migrated to the United States in 1926. She worked as a screenwriter in Hollywood and had a play produced on Broadway in 1935--1936. She first achieved fame with her 1943 novel The Fountainhead. Over a decade later, she published her magnum opus, the philosophical novel Atlas Shrugged, in 1957.

Rand's political views, reflected in both her fiction and nonfiction work, emphasize individual rights (including property rights) and laissez-faire capitalism, enforced by a constitutionally limited government. She was a fierce opponent of all forms of collectivism and statism, including fascism, communism, socialism, and the welfare state, and promoted ethical egoism while rejecting the ethic of altruism. She considered reason to be the only means of acquiring knowledge and its advocacy the most important aspect of her philosophy, stating, "I am not primarily an advocate of capitalism, but of egoism; and I am not primarily an advocate of egoism, but of reason. If one recognizes the supremacy of reason and applies it consistently, all the rest follows."

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  • Damn zeitgeist and their economically ignorant followers, saying that money is inherently evil for whatever reasons. All these people watch those movies and think, "Whoa that was cool, I've never read a book on economics in my life for fun but suddenly I'm an economist." Look up the price problem with socialism it's not like theirs a lack of it on the internet... Prices and interest rates are set in a free market the only sustainable way possible, through voluntary interactions.

  • @beesleeper Freedom from Capitalism? That is Basically the same as saying freedom from freedom. What do you think is a alternative to it that maintains any freedom for the population of the United States?

  • Capitalism is essentially forceful. Capitalism only persists or endures by constant violence or threats of it, chronic intimidation, and relentless fraud and misdirection. AKA false consciousness.

    Being contrary to human nature, capitalism has to use every form of survival enhancement it can grab.

    (Americans have a Constitution that does not mention the necessity of enduring capitalism. Americans have the privilege, and duty, to achieve freedom from capitalism.)

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