Capitalism

Ayn Rand presents a provocative and staunch defence of capitalism in Capitalism, a collection of essays that challenge the conventional wisdom about the economic and moral framework of modern society. The book delves into the underpinnings of a system that Rand asserts is under siege by the rising tide of altruism—a force she controversially argues is at the root of many societal ills.

In this collection, Rand, along with her collaborators Robert Hessen, Alan Greenspan, and Nathaniel Branden, explores topics that range from the persecution of big business to the true causes of war and the moral contradictions inherent in altruism. Each essay is meticulously crafted to argue for the intrinsic value of individualism and the free market, while critiquing the cultural and political institutions that undermine these principles.

Through incisive and often contentious arguments, Rand lays bare what she sees as the catastrophic consequences of altruistic ethics—both on a personal level and in terms of societal structure. She also tackles the student rebellion of the 1960s, pointing to it as a symptom of broader anti-capitalist sentiment and a misunderstanding of the freedoms capitalism affords.

Alan Greenspan brings his expertise to dissect the role of government and monetary policy, offering a unique perspective on fiscal issues that complements Rand's philosophical stance. Robert Hessen and Nathaniel Branden contribute their insights into the history and psychology of capitalism, providing a broader context to Rand's arguments and enriching the debate.

Capitalism is not just a critique of altruism; it is a call to recognise the moral and practical superiority of capitalism. This collection is essential for anyone interested in understanding the philosophical foundations of capitalism and the reasons behind its critique by modern thinkers.

Provocative, rigorous, and unapologetically bold, Capitalism challenges readers to rethink their preconceived notions about the role of self-interest in human affairs and the ethical basis of a capitalist society.