EN
Philosophy

Capitalism: The Unknown Ideal

eng. Capitalism: The Unknown Ideal · 1966
Prepared bythe Litseller editorial team.Our goal is to share concise, accurate, and valuable book summaries for personal growth and education.

Interesting Facts

  • The book is a collection of essays in which the author and her co-authors defend capitalism as the only moral and practical economic system.
  • One of the key themes of the book is the idea that capitalism is based on the principles of individual freedom and human rights.
  • The author argues that capitalism is a system that allows individuals to act according to their reason and interests, leading to the prosperity of society as a whole.
  • The book contains essays not only by Ayn Rand but also by her associates, such as Nathaniel Branden, Alan Greenspan, and Robert Hessen.
  • The book discusses various aspects of capitalism, including its moral, economic, and political foundations.
  • The author criticizes government intervention in the economy, arguing that it leads to a restriction of freedom and a decrease in efficiency.
  • The book was written in the context of the Cold War and contains criticism of socialism and communism as systems opposed to capitalism.
  • One of the essays in the book is dedicated to the role of money in society and its significance as a medium of exchange and a measure of value.
Capitalism: The Unknown Ideal
Date of publication: 18 December 2024
———Original titleeng. Capitalism: The Unknown Ideal · 1966
Genre: Philosophy