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"Why Ayn Rand Persists in Business"

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Why Ayn Rand Persists in Business

A fairly positive article, properly identifying the essentials of Objectivism, was found in the above article. Although there is some misunderstanding by the author when it comes to applying it to current events, I found it refreshing to see the essentials of the philosophy properly identified. There are also some interesting links in the article.

Rand is considered the mother of Objectivism, a philosophy that claims:

1. Reality exists as an objective absolute; facts trump man's feelings, wishes, hopes and fears.

2. Reason is the only way to perceive reality and the sole knowledge source — it is man's only guide to action and means of survival.

3. Every man exists for his own sake. Pursuit of his own rational self-interest and his own happiness is his life's moral purpose.

4. The ideal political-economic system is laissez-faire capitalism. In Rand's own words, "It is a system where men deal with one another, not as victims and executioners, nor as masters and slaves, but as traders, by free, voluntary exchange to mutual benefit."

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