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Freedom and the Need for Business to Stand Up for Itself

Onkar Ghate

Presented at: Building a Future of Reason and Capitalism 2015

Date: Sep 29, 2015

More than fifty years after Ayn Rand described big business as “America’s persecuted minority,” businessmen are still being subjected to widespread moral denunciation and regulatory oppression. But such continuing injustices do not warrant giving in to discouragement, observes Ayn Rand Institute senior fellow Onkar Ghate. History shows that seemingly hopeless causes can triumph when pressed forward as positive campaigns for justice. Pointing to historical examples — including the American Revolution and the anti-slavery, women’s suffrage, civil rights and gay pride movements — Ghate argues that it will be necessary for businessmen to expose and denounce their outrageous mistreatment by the regulatory state, despite the very real economic and personal risks in doing so.

Related material:  this episode of the Power Hour podcast echos the same theme. An overview article is available here

businessethicsintellectual activism

Parts: 1

Handout: none