Tag Archive for deregulation

Ayn Rand’s Radical Defense of Economic Darwinism

Ayn Rand, the self-proclaimed radical and author of Atlas Shrugged was the ultimate purist, advocating uncontrolled, unregulated capitalism. She perverted Adam Smith’s “invisible hand” into her “virtue of selfishness” and defended an ugly dog-eat-dog economic Darwinism: The masses were servile and insignificant, government was invasive and usually malevolent.

Absolute objectivism, along with the rest of Rand’s arguments, may sway teens—a time when renegade individualism stirs the blood—but time and experience validates the social/political principles envisioned by Thomas Jefferson, James Madison, and Adam Smith.

It was back in April when audio of Paul Ryan praising Ayn Rand first gained traction during a debate over the libertarian icon's influence on the conservative congressman. Paul Ryan dismissed the suggestion that he was fixated on the author an "urban legend." National Review ran an article called "Paul Ryan Isn't a Randian" aimed at "refuting the Left’s favorite charge against Paul Ryan." | Andrew Kaczynski, Buzzfeed

From Buzzfeed Politics

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