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]
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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.


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