Philosophy

Capitalism is Egoism for All

We know from Atlas Shrugged, and many other Ayn Rand writings, that capitalists are egoists. They trade to make a profit, and this is morally admirable. They are wealth creators. But it is important not to forget that customers and employees are egoists too.

This Valentine’s Day Celebrate The True Meaning of Love

This Valentine’s Day Celebrate The True Meaning of Love

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.

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The Fallacy of “We”

The “we fallacy” is ubiquitous, especially among professors, politicians, policy wonks, and pundits. The fallacy of “we” is a form of the fallacy argumentum ad populum or “appeal to the people,” to “popular opinion.”

Video: The Sanction of the Victims

“It is a moral crime to give money to support your own destroyers. Yet that is what businessmen are doing with such reckless irresponsibility.” — Ayn Rand

No More Altruism! Rejecting the Ethics of Self-Sacrifice

The first part of this post’s title is a quotation from a student in my business ethics class. She had said that to her teenagers after learning about rational self-interest, or egoism, in the course and reading How to Be Profitable and Moral. More exactly, she had...

Philosopher Ayn Rand on Capitalism vs Communism

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...

What Selfishness Requires: Lessons from Volkswagen

Had VW executive grasped the principle of honesty and chosen to follow it, the company’s current mess–ruined reputation, a potential recall of 11 million cars, the cost of fixing them, compensating customers, potential lawsuits, paying fines—could have been avoided.

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