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.

Preview

PDF - Published Version Download (70kB) | Preview

• Publisher

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:	15 Sep 2023 18:57
URI:	http://eprints.lse.ac.uk/id/eprint/58263

Actions (login required)

View Item