Capitalism: The Unknown Ideal

Key Concepts and Strategies

In «Capitalism: The Unknown Ideal», Ayn Rand outlines the main concepts and strategies concerning capitalism as an economic system. The core concept is the defense of capitalism as the only moral and rational economic system, based on individual rights and freedom. Rand argues that capitalism allows individuals to act according to their rational interests and provides conditions for prosperity and innovation. She criticizes government intervention in the economy and advocates for a minimal government that protects property rights and enforces contracts. The strategy proposed by Rand involves promoting the philosophy of Objectivism, which emphasizes the importance of reason, individualism, and personal responsibility. The book also includes essays by other authors who support Rand's ideas and discuss various aspects of capitalism, such as its moral foundations, historical development, and practical application.