Word: capitalisme
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The professional businessman and the professional intellectual, both born with the advent of capitalism, are well on their way toward wiping each other out, Ayn Rand declared at the Ford Hall Forum last night. And, she noted, the intellectual is largely to blame for his own demise.
Speaking on "The Intellectual Bankruptcy of Our Age," the noted novelist and playwright maintained that the ideal political system was the laissez faire capitalism of the 19th Century. But the same "liberals" who introduced the system began the "revolt against freedom" and the ensuing march toward totalitarianism.
According to Miss Rand, the moral standard of altruism--which she defined as the antithesis of capitalism--is responsible for our inability to maintain a true laissezz faire capitalism. Afraid to challenge the morality of altruism, the liberals placed the blame for their own weaknesses on the head of the...
Mysticism, collectivism, and altruism are diametrically opposed to reason, individualism, and capitalism, Miss Rand asserted. Every man, she said, is an end in himself. He must neither sacrifice himself to others or sacrifice others to himself. She called the morality of altruism "moral cannibalism," stating that the consistent altruist "would...
Bing & Crowbar. Both outfits are under the influence of the growing group of extreme leftists who now surround Nkrumah, pressuring the President toward accepting closer relations with Russia and imposing a Marxist stamp on Ghana's entire economy. "Long live the workers' solidarity. Down with imperialism, colonialism, capitalism...