Capitalism: The Unknown Ideal

Historical Context and Significance

«Capitalism: The Unknown Ideal» by Ayn Rand is a collection of essays in which the author and her co-authors defend capitalism as the only morally correct economic system. Published in 1966, the book had a significant impact on political and economic discussions, especially in the United States. Rand argues that capitalism is based on the principles of individual freedom and property rights, contrasting it with socialism and other forms of collectivism. Her ideas contributed to the formation of the libertarian movement and influenced conservative political circles. The book remains relevant for discussions about the role of the state in the economy and individual rights, inspiring both supporters and critics of the capitalist system.