Capitalism: The Unknown Ideal by Ayn Rand, Nathaniel Branden, Alan Greenspan, Robert Hessen

By Ayn Rand, Nathaniel Branden, Alan Greenspan, Robert Hessen

This number of 26 essays constitutes a demanding examine smooth 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 noticeably against winning attitudes that it constitutes a massive philosophic revolution. during this sequence of essays, she provides her stand at the persecution of huge company, the factors of warfare, the default of conservatism, and the evils of altruism. here's a tough new examine smooth society through probably the most provocative intellectuals at the American scene. This version comprises articles through Ayn Rand which failed to look 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 via Ayn Rand in addition to 3 essays by means of Alan Greenspan, via Nathaniel Branden, and one via Robert Hessen.

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Extra resources for Capitalism: The Unknown Ideal

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The flood of misinformation, misrepresentation, distortion, and outright falsehood about capitalism is such that the young people of today have no idea (and virtually no way of discovering any idea) of its actual nature. While archeologists are rummaging through the ruins of millennia for scraps of pottery and bits of bones, from which to reconstruct some information about prehistorical existence—the events of less than a century ago are hidden under a mound more impenetrable than the geological debris of winds, floods, and earthquakes: a mound of silence.

What is a “social surplus”? The article gives no definition or explanation. A “surplus” presupposes a norm; if subsistence on a chronic starvation level is above the implied norm, what is that norm? The article does not answer. ” All wealth is produced by somebody and belongs to somebody. And “the special virtue that enabled capitalism to outstrip all prior economic systems” was freedom (a concept eloquently absent from the Britannica’s account), which led, not to the expropriation, but to the creation of wealth.

Such an attempt would mean: a science of astronomy that gazed at the sky, but refused to study individual stars, planets, and satellites—or a science of medicine that studied disease, without any knowledge or criterion of health, and took, as its basic subject of study, a hospital as a whole, never focusing on individual patients. A great deal may be learned about society by studying man; but this process cannot be reversed: nothing can be learned about man by studying society—by studying the inter-relationships of entities one has never identified or defined.

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