Altruists smear egoism as being a system of whim-worship, while they portray their own ethics as one that is based on firm principle. But the opposite is true. It is altruism that repudiates moral principles—not merely principles of egoism, but principles as such. This talk shows how the enshrinement of need as the standard is actually the enshrinement of emotionalism. It explains why the code of altruism negates the entire idea of objective standards and, therefore, of moral principles.