This 1967 lecture is Ayn Rand’s flagship talk on capitalism. In it she explains in depth what capitalism is, why it is often misunderstood and why it is the only social system consonant with man’s nature. She discusses the philosophical and ethical roots of capitalism, and contrasts them with the moral-philosophic doctrines that lead to rule by force. She then discusses progress under capitalism and how it is fundamentally different from the so-called progress of a statist society. Along the way, Rand takes up such questions as:
• What is the essence of man’s nature?
• What is the fundamental basis for the concept of individual rights?
• How is capitalism consonant with man’s nature? Why are other social systems not consonant with it?
• Why is serving “the common good” not a sound principle for governing a free society?
• What are the different perspectives on “the good,” and how do they inform people’s views on what constitutes a proper social system?
• What has been the ethical basis of all tyrannies in history?
• Who prospers on a free market?
• How does a free market unleash man’s creative abilities?
• What is so often misunderstood about progress under capitalism?
• What is the essence of man’s nature?
• What is the fundamental basis for the concept of individual rights?
• How is capitalism consonant with man’s nature? Why are other social systems not consonant with it?
• Why is serving “the common good” not a sound principle for governing a free society?
• What are the different perspectives on “the good,” and how do they inform people’s views on what constitutes a proper social system?
• What has been the ethical basis of all tyrannies in history?
• Who prospers on a free market?
• How does a free market unleash man’s creative abilities?
• What is so often misunderstood about progress under capitalism?
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ABOUT THE AYN RAND INSTITUTE
ARI offers educational experiences, based on Ayn Rand's books and ideas, to a variety of audiences, including students, educators, policymakers and lifelong learners. ARI also engages in research and advocacy efforts, applying Rand's ideas to current issues and seeking to promote her philosophical principles of reason, rational self-interest and laissez-faire capitalism. We invite you to explore how Ayn Rand viewed the world — and to consider the distinctive insights offered by ARI's experts today.
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ABOUT THE AYN RAND INSTITUTE
ARI offers educational experiences, based on Ayn Rand's books and ideas, to a variety of audiences, including students, educators, policymakers and lifelong learners. ARI also engages in research and advocacy efforts, applying Rand's ideas to current issues and seeking to promote her philosophical principles of reason, rational self-interest and laissez-faire capitalism. We invite you to explore how Ayn Rand viewed the world — and to consider the distinctive insights offered by ARI's experts today.
SUPPORT ARI WITH A DONATION
https://ari.aynrand.org/donate/credit...
EXPLORE ARI
http://www.AynRand.org
FOLLOW ARI ON TWITTER
https://twitter.com/AynRandInst
LIKE ARI ON FACEBOOK
https://www.facebook.com/AynRandInsti...
EXPLORE ARI CAMPUS
https://campus.aynrand.org/
INFORMATION ABOUT OBJECTIVIST SUMMER CONFERENCES
http://objectivistconferences.com/
LEARN ABOUT AYN RAND STUDENT CONFERENCES
http://aynrandcon.org/
