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- “Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned” ― Ayn Rand, Capitalism: The Unknown Ideal
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A society, therefore, where the interests of the rich require general freedom, unrestricted productiveness, and the protection of individual rights, should have been hailed as an ideal system by anyone whose goal is man’s well-being.”. ― Ayn Rand, quote from Capitalism: The Unknown Ideal. Copy text.
A society, therefore, where the interests of the rich require general freedom, unrestricted productiveness, and the protection of individual rights, should have been hailed as an ideal system by anyone whose goal is man’s well-being.”. ― Ayn Rand, Capitalism: The Unknown Ideal. 3 likes.
- There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote.
- A businessman cannot force you to buy his product; if he makes a mistake, he suffers the consequences; if he fails, he takes the loss. If bureaucrat makes a mistake, you suffer the consequences; if he fails, he passes the loss on to you.
- When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.
- We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force.
Capitalism: The Unknown Ideal, 19 It is . . . by reference to philosophy that the character of a social system has to be defined and evaluated. Corresponding to the four branches of philosophy, the four keystones of capitalism are: metaphysically, the requirements of man’s nature and survival—epistemologically, reason—ethically ...
In Capitalism: The Unknown Ideal, Rand and her colleagues define a new view of capitalism’s meaning, history, and philosophic basis and set out to demolish many of the myths surrounding capitalism. Does capitalism lead to depressions, monopolies, child labor or war? Why is big business so hated?
This Study Guide consists of approximately 46 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Capitalism, the Unknown Ideal.
In Capitalism: The Unknown Ideal, which Ayn Rand called “a nonfiction footnote to Atlas Shrugged,” she and others explain the social system that she held has “never been properly understood and defended—and whose very existence has been denied.”
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