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on 1 January 1999
This book is a wonderful collection of 26 articles written by Ayn Rand (20 articles total), Nathaniel Branden (2), Alan Greenspan (3) and Robert Hessen (1). The 26 count includes the two articles in the appendix by Ayn Rand: "MAN'S RIGHTS" and "THE NATURE OF GOVERNMENT". I do have one criticism of this book but I will save it until the end here. All 26 articles relate in one way or another to the theme that 100% Laissez-faire Capitalism is the best Political-Economic system for mankind and that this fact is unknown to most people in the World --including most people in the United States. The first 13 articles deal with the THEORY AND HISTORY of Capitalism along with the opening article being true to form Ayn Rand: she defines her terms right away. Here she does it by positing and then answering the question: "WHAT IS CAPITALISM?". The next 12 articles deal with and destroy so many myths about capitalism that it is probably safe to say that anyone who reads this book will find at least 12 of their own myths about capitalism somewhere within the book. The next 11 articles (#14 through #24) deal with the CURRENT STATE of the United States in the mid 1960's and it is amazing how pertinent and informative these articles still are today. For example, for pertinence see article #20, "THE NEW FASCISM: RULE BY CONSENSUS", and for the informative see and discover the correct definition of 'freedom' on the first page of the article titled "CONSERVATISM: AN OBITUARY". There is simply too much good in this book to cover it all in one short review. It is a must read for anyone who is serious about politics and economics. Even if you disagree you will be compelled to think about your own position and attempt to solidify your thoughts about it after reading this book. The two ending (APPENDIX) articles speak for themselves and either alone is worth the price of the book. All the articles in the book were written and copyrighted in the 1960's and the book itself as collection of these articles was first published in 1967. Back then, and this is my only criticism, back then Capitalism WAS an Unknown Ideal, but today thanks to Ayn Rand and others, including the contributors to this book, Capitalism is now the KNOWN ideal, consequently the books title is not quite as accurate as it was when first published.
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on 16 May 2000
'Rights of Man' philosophy is repeatedly described as an 'American philosophy', factually it is part of the European Enlightenment which found just one particular application in the USA. In 'roots of war', she credits capitalism with 'the longest period of peace in history' 1815 to 1914. In 1815, even Britain was still ruled by its gentry. And the USA was loosely on the other side with its overbold attach on the British Empire in 1812-14. The 1914-18 war is blaimed on 'monarchist Germany and Czarist Russia', insufficiently capitalist to be peaceful according to Ayn Rand. Yet Russia and the Prussian monarch / German Empire had been major peachmakers in 1815, and had allowed a great deal of capitalist development in the interim. Any merits of a mixed system are credited to capitalism, any faults to lack of capitalism. No reasons are given, and mixed systems are also described as doomed to turn into either pure capitalism or pure socialism. She has trouble understanding the term 'extremism', in politics it normally means holding views significantly different from the political mainstream. Which needn't be wrong, see my own book 'Adam Smith: Wealth Without Nations'
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on 19 March 1999
Another great book in defense of the commonly-misunderstood concept of capitalism is "Capitalism" by George Reisman.
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on 11 December 2014
Book is good if you are into or studying philosophical thought. Some very interesting ideas, love it.
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on 27 December 2015
great read
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on 4 August 1999
If you want an economic analysis of Capitalism in the concrete, and why it is the best means of nuturing production and prosperity this book isn't for you. I will refer you to von Mises and others of the Austrian School for that. What is in Rand's work is a study of the morality, philosophy, and justification for Capitalism. This work even includes 3 essays by Alan Greenspan, apparantly before he became a parasitic bureacrat for the ill-concieved Fed (morally and economically). The book is split between Defining and chronicling Capitalism's roots and meaning, and between observations of the perversion and destruction of Capitalism circa mid '60's. If you like Rand You will like this. If you like Capitalism but want moral justification for it you need this. If you don't like either don't waste your money and don't post mock reviews.
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on 3 February 2015
v good
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on 5 July 1999
With "defenders" of capitalism like Ayn Rand, who needs enemies. This isn't really philosophy kids.
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on 29 July 1999
thaks to that other reveiwer who said speling is'nt impotent, capatilism is the gratest sistem ever weather or not we spel it write. but he said second-handers was gonna be the tittle of the fountainhead, he is rong it was gonna be second hand lives.
anyway we sure do got to form concepts, i think thats way more impotent then lerning to spel write. capatilism is teriffic and if you do'nt like this book you are a SECOND HANDED.
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