[lbo-talk] My Ayn Randian, libertarian loving relatives....argh... !!!

Chris Doss lookoverhere1 at yahoo.com
Sat Jan 2 15:51:49 PST 2010


If I think that capitalism waon't work for me (since I'm not a Randian superman), why would I want to support it?

----- Original Message ---- From: Jim Farmelant <farmelantj at juno.com>

Ayn Rand was famously contemptuous of utilitarianism. She took both Friedrich  Hayek and her own favorite economist, Ludwig von Mises, to task because they insisted upon defending capitalism in terms of a utilitarian ethic.  Rand argued that on the contrary one cannot defend capitalism by appealing to such an ethic, which in her view was better suited as a moral basis for socialism than capitalism.  Attempts to defend capitalism in terms of a utilitarian morality can only work through distorted reasoning and special pleading.  For her utilitarianism is the moral philosophy of "looters" and so ought to be rejected by any self-respecting advocate for individual rights and capitalism.

Jim F.


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