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Is capitalism moral?
Steven Pearlstein, Washington Post
Atlas Shrugged |
The Fountainhead |
Capitalism |
Egoism |
John Allison |
Arthur Brooks, the president of the conservative American Enterprise Institute, and John Allison, the successful banker installed last summer as head of the libertarian Cato Institute, have both recently published books laying out the moral case against the modern welfare state and for even-freer-market capitalism than we have now. [....] The seeds of this moral defense of free markets were planted by John Locke, Adam Smith and Ludwig von Mises, but they blossomed in America in the writing of the Russian emigre Ayn Rand, whose novels “The Fountainhead” and “Atlas Shrugged” are mandatory reading among right-leaning intellectuals and politicians. Where Rand once saw a world divided between “producers” and “moochers,” today’s conservatives see “makers” and “takers.” Where she warned of an America about to descend into totalitarian slavery, they warn of a slide into socialist egalitarianism, special-interest kleptocracy and innovation-snuffing political correctness.
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