In this 1961 lecture, delivered to the Presidents Club of the American Management Association, Ayn Rand outlines commonly heard arguments for capitalism and emphasizes that the only proper defense is a moral one. She seeks to explain why capitalism has been so savagely attacked and why businessmen often bear those attacks in silence.
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America needs to rediscover the Founders’ commitment to individual rights.
Say’s Law and Saysian economics go hand in hand with a political-economic-philosophical appreciation for capitalism – for rationality, the pursuit of self-interest, entrepreneurialism, profit-making, private property rights, the rule of law, and constitutionalism.
Love is far too precious to be offered indiscriminately. It is above all in the area of love that egalitarianism ought to be repudiated. Love represents an exalted exchange–a spiritual exchange–between two people, for the purpose of mutual benefit.
