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What Is Capitalism? by Ayn Rand

What Is Capitalism?

by Ayn Rand


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This is Ayn Randís flagship talk on capitalism. In this 1967 lecture, Rand gives an in-depth explanation of what capitalism is, why it is often misunderstood, and why it is the only social system consonant with manís nature. She discusses the philosophical and ethical roots of capitalism, and contrasts them with the moral-philosophic doctrines that sanction ruling men by force. She then discusses progress under capitalism and how it is fundamentally different from the so-called progress of a statist society.

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