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Capitalism: The System of the Mind

Andrew Bernstein

Presented at: OCON 2003

Date: Jul 05, 2003

In Atlas Shrugged Ayn Rand establishes that the mind is man’s tool of survival and that the mind requires freedom. Her thesis is true not only historically and economically, but also morally and philosophically. Political-economic freedom—capitalism—was founded on the pro-reason theories of the Enlightenment. The technological and industrial Revolutions initiated by capitalism in the late 18th century were direct applications of Enlightenment principles. The only nation founded on Enlightenment principles—the United States of America—became the world center of scientific, technological and industrial progress. Economically, by liberating the individual, capitalism permits an incalculable amount of mind power to be devoted to problems of production, something impossible under statist regimes. This talk establishes the myriad ways in which capitalism is the system of the mind.

economics

Parts: 1

Handout: none

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