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. LSE American Politics and Policy (28 Oct 2013). Website.

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Abstract

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 (Website)
Official URL:	http://blogs.lse.ac.uk/usappblog/
Additional Information:	© 2013 The Author
Divisions:	LSE
Subjects:	H Social Sciences > HB Economic Theory
Date Deposited:	25 Jul 2014 10:29
Last Modified:	13 Sep 2024 18:39
URI:	http://eprints.lse.ac.uk/id/eprint/58263

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