Ayn Rand rewrote the story of capitalism to show that it is a necessary good
Watkins, Don; and Brook, Yaron
(2013)
Ayn Rand rewrote the story of capitalism to show that it is a necessary good
[Online resource]
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 10:29 |
| URI | https://researchonline.lse.ac.uk/id/eprint/58263 |
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