In this 1966 radio program, Ayn Rand argues that nineteenth-century industrialists were unjustly vilified by epithet “robber baron.” Pointing out the need to distinguish between businessmen who get rich by production and voluntary trade, and those who get rich though government favoritism and legalized coercion; Rand observes that all the evils popularly ascribed to capitalism were actually caused by government interference in the economy. Her detailed historical analysis centers on transcontinental railroads, with discussions of coercive monopolies and the phenomenon of controls breeding more controls. She also argues that antitrust laws are non-objective and unjust.
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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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SUBSCRIBE TO NEW IDEAL, ARI'S ONLINE PUBLICATION
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SUBSCRIBE TO ARI’S YOUTUBE CHANNEL
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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/