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Ayn Rand Defending Capitalism and Forecasting Economic Ruin of Collectivism

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Published on May 20, 2010

This is an excerpt from a late-1970's interview of Ayn Rand from Tom Snyder on his 'Tomorrow' show. Ayn was a child during the Bolshevik Revolution in Russia before visiting America and staying. Ayn Rand has a brilliant mind and fought against communist philosophy present in America in the 1930's - 1950's particularly. Ayn Rand, author of Atlas Shrugged, goes into specifics about how collectivism will destroy America's free enterprise economic system. She ridiculed the universities for teaching collectivism, particularly theories of 18th-century German philosopher Immanuel Kant. She ridiculed Jimmy Carter for APOLOGIZING for American greatness and suggesting we MUST ration and lower our living standards... sound familiar? She could be giving this interview today and would be very relevant. Ayn Rand was a staunch defender of capitalism and contributed ALL economic problems to government tinkering.

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