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ROLE OF GOVERNMENT
Role of Government. Laissez-faire capitalism does not mean anarchy. Under capitalism, the government’s job is to protect rights as a referee (which means the banning of the initiation of physical force from all relationships, and the enforcement of voluntarily made contracts), not to regulate people’s affairs as a dictator byviolating
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the HEALTHCARE | CAPITALISM.ORG Antitrust & Monopolies Anti-trust laws are non-objective laws that punish trusts (business enterprises, corporations) for being successful.; Banking; Capitalism What is capitalism? What is a capitalist? Capitalism defined. Collectivism & Statism Collectivism holds that the individual is not an end in oneself, but is a tool to serve the ends of collective; collectivism leads politically tostatism.
FREEDOM OF COMPETITION Freedom of competition is the freedom to produce by one’s efforts (and in conjunction with the voluntary efforts of others), and the freedom to trade what one has produced, for one’s self-interest/profit, i.e., in the pursuit of one’s happiness. Free-competition is a consequence of ECONOMIC AND POLITICAL POWER Economic power is the power to create and trade values; political power is the power to expropriate and destroy them. The difference between political and economic power is the difference between punishment and reward, theft and trade, plunder and production, destruction and creation. FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of CAPITALISM IS THE IDEAL SOCIAL SYSTEMHISTORYFOREIGN POLICYDEPRESSIONSGOVERNMENTCOMPETITIONANTITRUST & MONOPOLIES Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broader PHILOSOPHY OF CAPITALISM POLITICS OF CAPITALISM: INDIVIDUALISM Politics of Capitalism: Individualism Capitalism is the social system of laissez-faire that regards the individual as a sovereign, independent being with an inalienable right to their own life. “The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence.ROLE OF GOVERNMENT
Role of Government. Laissez-faire capitalism does not mean anarchy. Under capitalism, the government’s job is to protect rights as a referee (which means the banning of the initiation of physical force from all relationships, and the enforcement of voluntarily made contracts), not to regulate people’s affairs as a dictator byviolating
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the HEALTHCARE | CAPITALISM.ORG Antitrust & Monopolies Anti-trust laws are non-objective laws that punish trusts (business enterprises, corporations) for being successful.; Banking; Capitalism What is capitalism? What is a capitalist? Capitalism defined. Collectivism & Statism Collectivism holds that the individual is not an end in oneself, but is a tool to serve the ends of collective; collectivism leads politically tostatism.
FREEDOM OF COMPETITION Freedom of competition is the freedom to produce by one’s efforts (and in conjunction with the voluntary efforts of others), and the freedom to trade what one has produced, for one’s self-interest/profit, i.e., in the pursuit of one’s happiness. Free-competition is a consequence of ECONOMIC AND POLITICAL POWER Economic power is the power to create and trade values; political power is the power to expropriate and destroy them. The difference between political and economic power is the difference between punishment and reward, theft and trade, plunder and production, destruction and creation. FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of CAPITALISM IS THE IDEAL SOCIAL SYSTEM Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broaderCAPITALISM BOOKS
Capitalism Library BASICS These three books should be on every capitalist's bookshelf. Once you have read these you can move on to other books that interest you. Atlas Shrugged by Ayn RandThe most influential novel of the 20th century, according to a Library of Congress poll of Reader's EQUALITY | CAPITALISM.ORG "Economic equality" is only possible by treating people politically unequal. Capitalism is the social system based on individual rights, with a free-market operating under objective law. In capitalism, the government's job is not to regulate the individual's affairs, but to act as an impartial referee, who equally protects the rightFREE-MARKET
“Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom; a free mind and a free market are corollaries.”— Ayn Rand . A free-market is a market, where individuals (or groups of individuals) compete against each other to trade goods and services with other individuals (groups), under a legal system based on the protection ofEXPLOITATION
If “exploitation” means increasing the standard of living of the masses, tripling the lifespan of the average human being, and bringing wealth and prosperity to all those who live under it, then capitalism is a system of “exploitation.”. If “exploitation” means making the masses slaves —"STATE CAPITALISM"
The most recent slogan is “State Capitalism.”. It is not commonly realized that this covers nothing more than what used to be called Planned Economy and State Socialism, and that State Capitalism, Planned Economy, and State Socialism diverge only in non-essentials from the “classic” ideal of egalitarian Socialism.”. – LUDWIGVON MISES.
GOVERNMENT USE OF FORCE As no individual in his private capacity, as a citizen, may initiate force against others, neither may the individual in his public role as a state official start force either.. In a just society, force may only be morally used to defend or retaliate against those who start the use of force. A proper government is permitted to use force to retaliate against a thief who has initiated force GREAT DEPRESSION (1930S) The Great Depression was a prolonged depression from the 1930s until the early 1940s, with unemployment levels of up to 25%, with an above-average number of bank and business failures.. Stock Market Crash of 1929. One of the causes of the crash was the Federal Reserve’s monetary inflation policies (increasing the money supply leading to a decrease in interest rates for loans) during theCHILD FACTORY LABOR
Child Factory Labor. Observe in communist Cuba of the 70s/80s, 11-year-old children are forcibly sent off to “summer camps” where they spend time working in fields cutting sugar cane and tobacco (and if the girls are pretty they get to spend mandatory time with older communist officials.) This is called “volunteerism” (and the joyof
MONOPOLIES | CAPITALISM.ORG Monopolies. A monopoly is a single seller in a given industry (appropriately defined). Being a single seller, by itself, is not good, nor evil — it depends on how one obtained that single-seller status. Did one obtain a monopoly by free economic competition in the marketplace, or did one obtain it CAPITALISM IS THE IDEAL SOCIAL SYSTEMHISTORYFOREIGN POLICYDEPRESSIONSGOVERNMENTCOMPETITIONANTITRUST & MONOPOLIES Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broader PHILOSOPHY OF CAPITALISM POLITICS OF CAPITALISM: INDIVIDUALISM Politics of Capitalism: Individualism Capitalism is the social system of laissez-faire that regards the individual as a sovereign, independent being with an inalienable right to their own life. “The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence.ROLE OF GOVERNMENT
Role of Government. Laissez-faire capitalism does not mean anarchy. Under capitalism, the government’s job is to protect rights as a referee (which means the banning of the initiation of physical force from all relationships, and the enforcement of voluntarily made contracts), not to regulate people’s affairs as a dictator byviolating
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the HEALTHCARE | CAPITALISM.ORG Antitrust & Monopolies Anti-trust laws are non-objective laws that punish trusts (business enterprises, corporations) for being successful.; Banking; Capitalism What is capitalism? What is a capitalist? Capitalism defined. Collectivism & Statism Collectivism holds that the individual is not an end in oneself, but is a tool to serve the ends of collective; collectivism leads politically tostatism.
FREEDOM OF COMPETITION Freedom of competition is the freedom to produce by one’s efforts (and in conjunction with the voluntary efforts of others), and the freedom to trade what one has produced, for one’s self-interest/profit, i.e., in the pursuit of one’s happiness. Free-competition is a consequence of ECONOMIC AND POLITICAL POWER Economic power is the power to create and trade values; political power is the power to expropriate and destroy them. The difference between political and economic power is the difference between punishment and reward, theft and trade, plunder and production, destruction and creation. FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of CAPITALISM IS THE IDEAL SOCIAL SYSTEMHISTORYFOREIGN POLICYDEPRESSIONSGOVERNMENTCOMPETITIONANTITRUST & MONOPOLIES Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broader PHILOSOPHY OF CAPITALISM POLITICS OF CAPITALISM: INDIVIDUALISM Politics of Capitalism: Individualism Capitalism is the social system of laissez-faire that regards the individual as a sovereign, independent being with an inalienable right to their own life. “The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence.ROLE OF GOVERNMENT
Role of Government. Laissez-faire capitalism does not mean anarchy. Under capitalism, the government’s job is to protect rights as a referee (which means the banning of the initiation of physical force from all relationships, and the enforcement of voluntarily made contracts), not to regulate people’s affairs as a dictator byviolating
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the HEALTHCARE | CAPITALISM.ORG Antitrust & Monopolies Anti-trust laws are non-objective laws that punish trusts (business enterprises, corporations) for being successful.; Banking; Capitalism What is capitalism? What is a capitalist? Capitalism defined. Collectivism & Statism Collectivism holds that the individual is not an end in oneself, but is a tool to serve the ends of collective; collectivism leads politically tostatism.
FREEDOM OF COMPETITION Freedom of competition is the freedom to produce by one’s efforts (and in conjunction with the voluntary efforts of others), and the freedom to trade what one has produced, for one’s self-interest/profit, i.e., in the pursuit of one’s happiness. Free-competition is a consequence of ECONOMIC AND POLITICAL POWER Economic power is the power to create and trade values; political power is the power to expropriate and destroy them. The difference between political and economic power is the difference between punishment and reward, theft and trade, plunder and production, destruction and creation. FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of CAPITALISM IS THE IDEAL SOCIAL SYSTEM Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broaderCAPITALISM BOOKS
Capitalism Library BASICS These three books should be on every capitalist's bookshelf. Once you have read these you can move on to other books that interest you. Atlas Shrugged by Ayn RandThe most influential novel of the 20th century, according to a Library of Congress poll of Reader's EQUALITY | CAPITALISM.ORG "Economic equality" is only possible by treating people politically unequal. Capitalism is the social system based on individual rights, with a free-market operating under objective law. In capitalism, the government's job is not to regulate the individual's affairs, but to act as an impartial referee, who equally protects the rightFREE-MARKET
“Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom; a free mind and a free market are corollaries.”— Ayn Rand . A free-market is a market, where individuals (or groups of individuals) compete against each other to trade goods and services with other individuals (groups), under a legal system based on the protection ofEXPLOITATION
If “exploitation” means increasing the standard of living of the masses, tripling the lifespan of the average human being, and bringing wealth and prosperity to all those who live under it, then capitalism is a system of “exploitation.”. If “exploitation” means making the masses slaves —"STATE CAPITALISM"
The most recent slogan is “State Capitalism.”. It is not commonly realized that this covers nothing more than what used to be called Planned Economy and State Socialism, and that State Capitalism, Planned Economy, and State Socialism diverge only in non-essentials from the “classic” ideal of egalitarian Socialism.”. – LUDWIGVON MISES.
GOVERNMENT USE OF FORCE As no individual in his private capacity, as a citizen, may initiate force against others, neither may the individual in his public role as a state official start force either.. In a just society, force may only be morally used to defend or retaliate against those who start the use of force. A proper government is permitted to use force to retaliate against a thief who has initiated force GREAT DEPRESSION (1930S) The Great Depression was a prolonged depression from the 1930s until the early 1940s, with unemployment levels of up to 25%, with an above-average number of bank and business failures.. Stock Market Crash of 1929. One of the causes of the crash was the Federal Reserve’s monetary inflation policies (increasing the money supply leading to a decrease in interest rates for loans) during theCHILD FACTORY LABOR
Child Factory Labor. Observe in communist Cuba of the 70s/80s, 11-year-old children are forcibly sent off to “summer camps” where they spend time working in fields cutting sugar cane and tobacco (and if the girls are pretty they get to spend mandatory time with older communist officials.) This is called “volunteerism” (and the joyof
MONOPOLIES | CAPITALISM.ORG Monopolies. A monopoly is a single seller in a given industry (appropriately defined). Being a single seller, by itself, is not good, nor evil — it depends on how one obtained that single-seller status. Did one obtain a monopoly by free economic competition in the marketplace, or did one obtain it PHILOSOPHY OF CAPITALISMCAPITALISM BOOKS
POLITICS OF CAPITALISM: INDIVIDUALISM Politics of Capitalism: Individualism Capitalism is the social system of laissez-faire that regards the individual as a sovereign, independent being with an inalienable right to their own life. “The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence. EQUALITY | CAPITALISM.ORGSOCIALISM VS CAPITALISM CHARTEXPLAIN WHAT CAPITALISM ISWHY IS CAPITALISM BESTWHY IS CAPITALISM IMPORTANTCOMMUNISM CAPITALISM SOCIALISM WORKSHE…IS SOCIALISM ORCAPITALISM BETTER
"Economic equality" is only possible by treating people politically unequal. Capitalism is the social system based on individual rights, with a free-market operating under objective law. In capitalism, the government's job is not to regulate the individual's affairs, but to act as an impartial referee, who equally protects the right ETHICS | CAPITALISM.ORG Ethics. As used here, ethics are those rules of behavior between individuals in an organized society; ethics is individual morality applied to living life in society. An ethical society operates under the moral doctrine of individualism — where each individual is regarded as an end to oneself. (Compare this to collectivist societieswhich
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
DISTRIBUTION OF WEALTH Wealth, like its corollary knowledge, is not a static quantity but is potentially limitless. The only limit to one’s wealth, in a capitalist society, is the power of one’s ability to think and produce. If one wishes for the wealth of all to increase only one requirement is necessary — freedom. Reason, ultimately, is thesource of
GOVERNMENT USE OF FORCE As no individual in his private capacity, as a citizen, may initiate force against others, neither may the individual in his public role as a state official start force either.. In a just society, force may only be morally used to defend or retaliate against those who start the use of force. A proper government is permitted to use force to retaliate against a thief who has initiated force WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of PHILOSOPHY OF CAPITALISMCAPITALISM BOOKS
POLITICS OF CAPITALISM: INDIVIDUALISM Politics of Capitalism: Individualism Capitalism is the social system of laissez-faire that regards the individual as a sovereign, independent being with an inalienable right to their own life. “The only proper purpose of a government is to protect man’s rights, which means: to protect him from physical violence. EQUALITY | CAPITALISM.ORGSOCIALISM VS CAPITALISM CHARTEXPLAIN WHAT CAPITALISM ISWHY IS CAPITALISM BESTWHY IS CAPITALISM IMPORTANTCOMMUNISM CAPITALISM SOCIALISM WORKSHE…IS SOCIALISM ORCAPITALISM BETTER
"Economic equality" is only possible by treating people politically unequal. Capitalism is the social system based on individual rights, with a free-market operating under objective law. In capitalism, the government's job is not to regulate the individual's affairs, but to act as an impartial referee, who equally protects the right ETHICS | CAPITALISM.ORG Ethics. As used here, ethics are those rules of behavior between individuals in an organized society; ethics is individual morality applied to living life in society. An ethical society operates under the moral doctrine of individualism — where each individual is regarded as an end to oneself. (Compare this to collectivist societieswhich
DIVISION OF LABOR
Division of Labor. In a division of labor society, individuals create values for future trade as opposed to self-consumption. Writes Adam Smith on the importance of specialization and the division of labor in his book The Wealth of Nations: “To take an example, the trade of the pin-maker; a workman not educated to this business (which the FEMINISM AND CAPITALISM The individualist conception of feminism was (and still is) a worthy goal, but it is being undermined by collectivist feminists. The original feminist movement was a “woman’s suffrage” movement to grant equal political rights for all individuals of the female gender (women), i.e., right to vote for women, i.e., equal treatment beforethe law, etc.
DISTRIBUTION OF WEALTH Wealth, like its corollary knowledge, is not a static quantity but is potentially limitless. The only limit to one’s wealth, in a capitalist society, is the power of one’s ability to think and produce. If one wishes for the wealth of all to increase only one requirement is necessary — freedom. Reason, ultimately, is thesource of
GOVERNMENT USE OF FORCE As no individual in his private capacity, as a citizen, may initiate force against others, neither may the individual in his public role as a state official start force either.. In a just society, force may only be morally used to defend or retaliate against those who start the use of force. A proper government is permitted to use force to retaliate against a thief who has initiated force WOMEN UNDER CAPITALISM As capitalism is the social system that rewards production, under capitalism, a rational woman can easily support herself. As to wages, in a free market, an individual is paid based on the value of what he/she can offer to others. As an illustration, observe women who earn enormous salaries that dwarf those of CAPITALISM IS THE IDEAL SOCIAL SYSTEM Capitalism (from the Latin word capta, meaning “head”) is the social system of the Enlightenment, that unleashes the power of the human mind ( reason ), by banning the initiation of physical force from all relationships, resulting in a culture of peace, progress, and prosperity for all. The term capitalism is used here in the broaderWHAT IS CAPITALISM?
Legally, capitalism is a legal system of clear, unambiguous, objectively defined laws based on the principle of individual rights, i.e., the rule of law (legislation) as opposed to the “rule of man” (regulation). Under such a legal system one is free to act so long as one does not violate the rights of STRUCTURE OF CAPITALISM Structure of Capitalism Capitalism is an integrated philosophical-ethical-political-legal-economic-cultural social system. “I am not primarily an advocate of capitalism, but of egoism; and I am not primarily an advocate of egoism, but of reason. If one recognizes the supremacy of reason and applies it consistently, all the rest follows.” DISTRIBUTION OF WEALTH Wealth, like its corollary knowledge, is not a static quantity but is potentially limitless. The only limit to one’s wealth, in a capitalist society, is the power of one’s ability to think and produce. If one wishes for the wealth of all to increase only one requirement is necessary — freedom. Reason, ultimately, is thesource of
FREE-MARKET
A free-market is a market, where individuals (or groups of individuals) compete against each other to trade goods and services with other individuals (groups), under a legal system based on the protection of individual rights (capitalism), free from the coerciveeffects of
ROLE OF GOVERNMENT
Role of Government. Laissez-faire capitalism does not mean anarchy. Under capitalism, the government’s job is to protect rights as a referee (which means the banning of the initiation of physical force from all relationships, and the enforcement of voluntarily made contracts), not to regulate people’s affairs as a dictator byviolating
ECONOMIC AND POLITICAL POWER Economic power is the power to create and trade values; political power is the power to expropriate and destroy them. The difference between political and economic power is the difference between punishment and reward, theft and trade, plunder and production, destruction and creation. MONOPOLIES | CAPITALISM.ORG Monopolies. A monopoly is a single seller in a given industry (appropriately defined). Being a single seller, by itself, is not good, nor evil — it depends on how one obtained that single-seller status. Did one obtain a monopoly by free economic competition in the marketplace, or did one obtain itRIGHT TO HEALTHCARE
Health Care is Not a RightBy Leonard Peikoff. The following was delivered under the auspices of Americans for Free Choice in Medicine at a Town Hall Meeting on Health Care in Costa Mesa, California, on December 11, 1993. Most people who oppose socialized medicine do so on the grounds that it is moral and well-intentioned, but impractical;i.e
DRUGS | CAPITALISM.ORG Drugs are good or bad depending on how they are used to serve one’s life: the proper standard of value. For some people, drugs are a way of dulling the consciousness to escape reality: a reality too painful to bear. In specific contexts, like open-heart surgery, they are a useful means of blocking intense pain. The solution to the “drugSkip to content
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* CAPITALISM TOUR
* CAPITALISM FAQ
* Antitrust & MonopoliesAnti-trust laws are
non-objective laws that punish trusts (business enterprises, corporations) for being successful.* Banking
* Capitalism What is capitalism? What is a capitalist? Capitalism defined. * Collectivism & StatismCollectivism holds
that the individual is not an end in oneself, but is a tool to serve the ends of collective; collectivism leads politically to statism. * Competition Freedom of competition is a consequence of the political right to life, liberty, property and the pursuit of happiness applied to the economic sphere of production and trade. * Corporation A corporation is a business within a legal framework (based on individual rights) to limit liability where there is a separation of management andownership.
* Crime A crime is a violation of the law. Under capitalism, the acts that are criminal are those that violate the rights of others.* Depressions Great
depressions are caused by the government’s monopoly on money, and central banking, and not by capitalism and the free-market. * Education Education is the means of providing a child with the knowledge they require to become an independent, self-sustaining, rational adult.* Environment
* Equality
* Ethics Ethics are those rules of behavior in relating to other individuals; ethics is individual morality applied to living life in society. * Foreign Policy The foreign policy of a capitalist government to other countries is identical in principle to its policy towards its citizens: the banning of the initiation of force from all relationships.* Government Under
capitalism, a government is an agency with a monopoly on the use of physical force used to protect individual rights.* Healthcare Under
capitalism, there is a separation of health care and state, where the government is not permitted to interfere with the practice ofmedicine.
* History The history of capitalism shows that when freedom is applied to personal relationships, the arts, technology, and the sciences, it leads to human flourishing, peace, and progress. * Immigration In regards to immigration, a capitalist country secures its borders just like an individual secures their property.* Individual Rights
Individual rights are principles that form the bridge between individual morality and the ethical principles governing society. * Law Under capitalism, the guiding principle of the law is for the individual to respect the rights of everyone by violating the rights of no one. * Markets Economics is the science of production and trade under a division of labor (market)society.
* Progress
* Regulation The
government’s job is to protect rights as a referee, not to regulate their affairs through non-objective laws and regulations. * Religion Religion is a pre-philosophical outlook of the world (that attempts to provide a comprehensive view of existence) that affirms the supernatural, faith,and altruism.
* Unions Under capitalism, all unions are voluntary as opposed to coercive/involuntary and operate under the right to free-association and the freedom to contract. * Wealth & Poverty The poor, like the rich, require economic freedom under a rule of law * Women Capitalism leads to the freedom of all individuals — including women.* CAPITALISM BOOKS
CAPITALISM IS THE SOCIAL SYSTEM BASED ON THE INDIVIDUAL’S RIGHT TO LIFE, LIBERTY, PROPERTY, AND THE PURSUIT OF HAPPINESS.START TOUR >
WHEN I SAY ‘CAPITALISM,’ I MEAN A FULL, PURE, UNCONTROLLED, UNREGULATED LAISSEZ-FAIRE CAPITALISM — WITH A SEPARATION OF STATE AND ECONOMICS, IN THE SAME WAY AND FOR THE SAME REASONS AS THE SEPARATION OF STATE AND CHURCH.”— AYN RAND
WHAT IS CAPITALISM?
CAPITALISM (FROM THE LATIN WORD _CAPTA_, MEANING “HEAD”) IS THE SOCIAL SYSTEM OF THE ENLIGHTENMENT, THAT UNLEASHES THE POWER OF THE HUMAN MIND (REASON), BY BANNING THE INITIATION OF PHYSICAL FORCE FROM ALL RELATIONSHIPS, RESULTING IN A CULTURE OF PEACE, PROGRESS, ANDPROSPERITY FOR ALL.
The term capitalism is used here in the broader _political_ sense, i.e., a free society, and not just in the narrower _economic_ sense, i.e., a free market. Capitalism is not just an economic system (free-market) that can be grafted onto any political structure but is a complex, _integrated_ social systemthat depends
on a specific ETHICAL, POLITICAL, LEGAL, ECONOMIC, and CULTURALfoundation.
For a brief overview of the foundations of capitalism take theCAPITALISM TOUR .
WHAT IS A CAPITALIST? A CAPITALIST IS A PHILOSOPHICAL ADVOCATE OF LAISSEZ-FAIRE CAPITALISM, REGARDLESS OF HOW ECONOMICALLY RICH OR POOR THEY ARE. Within the specialized domain of economics, a person who owns a business is recognized as a capitalist, regardless of whether one advocates capitalism politically or not. Friedrich Engels is regarded economically as a capitalist because he is a factory owner, though politically Engels is a communist as co-author of _The Communist Manifesto_. Similarly, philosopher Ayn Rand is regarded economically as a novelist as the author of the best-selling novel _Atlas Shrugged,_ though politically Rand is a self-described “radicalfor capitalism.”
ENGELS IS A COMMUNIST, AND RAND A CAPITALIST, NOT BECAUSE OF THEIR ACCUMULATED WEALTH, BUT BECAUSE OF THEIR _IDEAS_. To discover if _you_ are a capitalist take the CAPITALISM TOUR.
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“ONE OF THE MOST REVOLUTIONARY AND POWERFUL WORKS ON CAPITALISM—AND ON POLITICS—THAT HAS EVER BEEN PUBLISHED.”—_Barron’s_ magazine CAPITALISM: THE UNKNOWN IDEAL _BY AYN RAND_ “By their silence — _by their evasion of the clash between capitalism and altruism _— it is capitalism’s alleged champions who are responsible for the fact that capitalism is being destroyed without a hearing, without a trial, without any public knowledge of its principles, its nature, its history, or its moral meaning. . . . “The method of capitalism’s destruction rests on never letting the world discover _what _it is that is being destroyed — on never allowing it to be identified within the hearing of the young. “The purpose of this book is to identify it.” — Ayn Rand, “Introduction,” _Capitalism: The Unknown Ideal_ Order the book online | Listen to an excerpt * What is Capitalism?* Capitalism FAQ
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