In honor of the 200th anniversary of the Declaration of Independence, Ayn Rand contrasts the Founding Fathers’ principled concern for individual rights with the unprincipled views of voters and candidates in the 1976 presidential election. Rand also dissects the evils of the welfare state, focusing on Sweden as its exemplar, and calls for Americans to observe the Bicentennial by discovering and upholding the nation’s founding ideals.

This lecture is 41 minutes long.