Word: laissezz
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Dates: during 1960-1969
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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 private businessman, "using their own guilt as an excuse for extending their power...
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