How is it possible that business students—some of them with significant business experience—have never heard of the moral code of rational egoism?
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.
Only one value can serve as the central purpose in a person’s life: productive work.
Why does it rule in business?
When you hear the word selfishness, what comes to mind? Typically, selfishness is associated with amoral, predatory behavior. It’s a word used to describe people like Bernard Madoff or Attila the Hun. On the other hand, selflessness is generally celebrated and aligned with friendship and love. In this talk, Peter Schwartz challenges these misconceptions.
Pragmatism is widely considered a virtue in business, but it is in fact a perilous approach, antithetical to long-term profitability.
Why conservatives are either averse to individual rights—with the exception of property rights—or do not see them as important.
Despite the teachings of conventional morality, judging others is a virtue from the perspective of rational egoism.
We Would Not Have Killed 1.7 Million People in our Agrarian Utopia
I want to control you, which is why I intimidate you by calling you “selfish.”
There is a knee-jerk response to the notion of an individual raising the price of his property during a storm that immediately evokes hostility from most people. Why?
Your life depends on it.
Why should one follow honesty systematically, as a principle?
Moral principles, such as self-interest, rationality, honesty, justice, integrity, independence, productiveness, and pride, are not based on feelings but on facts.
Why do we accept humility as a virtue?
Benevolence does not require self-sacrifice.
Capitalism, in Ayn Rand’s definition, is “a social system based on the recognition of individual rights (including property rights) in which all property is privately owned.”
People are suspicious of self-interest because for every philosopher who has taught and advocated self-interest, there have been multiples of those who have taught its opposite, altruism.
The prerequisite of acting ethically in business and other realms of life is clear thinking.
Accepting selflessness as the moral ideal is a source of unearned guilt and irreconcilable with success and happiness.
Ayn Rand convincingly demonstrated that our survival and thriving depends on identifying and consistently applying valid principles, no matter how “extreme” they may be considered by those clinging to the majority consensus.
According to conventional morality, pride is a sin. According to Aristotle, it is the crown of all virtues.
The foundation of BB&T’s success is its principles.
Ayn Rand called envy “the hatred of the good for being the good.” Instead of hating and envying the good, let’s love and thank the good for being the good.