Ayn Rand rewrote the story of capitalism to show that it is a necessary good
Watkins, D. & Brook, Y.
(2013).
Ayn Rand rewrote the story of capitalism to show that it is a necessary good.
The 2008 financial crisis gave rise to sustained criticism of capitalism as an economic system, with many of its advocates conceding that while an immoral system, it is also a ‘necessary evil’. Reflecting on the writings of Ayn Rand, Yaron Brook and Don Watkins reject this view, and instead argue that capitalism is a necessary good. They maintain that capitalism is the only social system that takes into account people’s rationality, enabling them to survive and prosper through self-interest.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2013 The Author |
| Departments | LSE |
| Date Deposited | 25 Jul 2014 |
| URI | https://researchonline.lse.ac.uk/id/eprint/58263 |