Can Capitalism Survive?

by | Sep 5, 2021

Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.

In this 1990 lecture, Leonard Peikoff offers an audience interested in business his perspective on whether free-market capitalism can survive. Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.

Dr. Leonard Peikoff, a philosopher, is Ayn Rand's legal and intellectual heir. He was a close associate of Ayn Rand for thirty years, and today is the preeminent spokesman for her philosophy of Objectivism. He is author of Objectivism: The Philosophy of Ayn Rand, The Ominous Parallels: The End of Freedom in America, and The DIM Hypothesis: Why the Lights of the West Are Going Out, (2012), that develops an hypothesis explaining the major trends in philosophy, literature, physics, education, and politics throughout Western history.

The views expressed above represent those of the author and do not necessarily represent the views of the editors and publishers of Capitalism Magazine. Capitalism Magazine sometimes publishes articles we disagree with because we think the article provides information, or a contrasting point of view, that may be of value to our readers.

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