Capitalism Archives | The Ayn Rand Institute
Culture And Society

Take Christ out of Christmas

In this classic Christmas article, “Why Christmas Should Be More Commercial,” Leonard Peikoff argues that, “It is time to take the Christ out of Christmas, and turn the holiday into a guiltlessly egoistic, pro-reason, this-worldly, commercial celebration.”
Culture And Society

Free Trade, Immigration and Robots, Oh My!

One of the biggest threats America faces — we are told — is the assault on our workforce: the loss of American jobs to immigrants, to foreign competition fueled by free trade, and even to technology that will make all kinds of jobs obsolete. In this talk the Ayn Rand Institute's executive chairman, Yaron Brook, argues that this fear is entirely misplaced — that a proper grasp of the virtue of productiveness shows that far from fearing and opposing free trade, immigration and robots, we should be eagerly embracing all three.
ARI News

Out Now: In Pursuit of Wealth: The Moral Case for Finance

Financiers don’t create the products that enrich our lives — they help grow the businesses that create the products that enrich our lives. Yet many people believe on some level that finance is immoral. Maybe not totally. Maybe it has some redeeming features. But at best it is regarded as a necessary evil. If our economic well-being depends on a vibrant and innovative financial industry, why does no one speak up to defend finance?
Government And Business

Wealth Creators: The Forgotten Victims of Cronyism

Critics of cronyism typically describe the problem as politicians and businesses conspiring to win government favors at the expense of taxpayers, or the public in general. While this view is not entirely wrong, it misses important aspects of the problem and does a grave injustice to businessmen who succeed through production rather than pull. This talk, by Ayn Rand Institute director of Legal Studies Steve Simpson, untangles the confusion about cronyism and explains why its biggest victims are businessmen.

Further Reading

Ayn Rand | 1957
For the New Intellectual

The Moral Meaning of Capitalism

An industrialist who works for nothing but his own profit guiltlessly proclaims his refusal to be sacrificed for the “public good.”
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Ayn Rand | 1961
The Virtue of Selfishness

The Objectivist Ethics

What is morality? Why does man need it? — and how the answers to these questions give rise to an ethics of rational self-interest.
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