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  • The Ayn Rand Center for Individual Rights: Stop Blaming Capitalism for Government Failures

    From the page: "As the economic system that fully recognizes and protects individual rights, including the right to private property, capitalism means, in Ayn Randâ€s words, â€oethe abolition of any and all forms of government intervention in production and trade, the separation of State and... more

    Reviewed by mxe806j02 Nov 14 2008, 12:01am ( 7 reviews ) • aynrand.org

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  • Rated by oilpainterrich on Dec 28 2008, 7:55pm

    But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism.

  • Reviewed by Cowboy77 on Nov 14 2008, 8:18am

    From the page: "And the issue is wider than the financial crisis. Millions of Americans don't have health insurance? Well, says Obama, that's because we've left the health-care system to the free market. The solution: a complete government takeover of medicine. A few companies engaged in accounting fraud? It must be because we didn't impose enough regulations on businessmen. The solution: rein in corporations with Sarbanes-Oxley. But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism."

  • Rated by mxe806j02 on Nov 14 2008, 12:01am

    From the page: "As the economic system that fully recognizes and protects individual rights, including the right to private property, capitalism means, in Ayn Randâ€s words, â€oethe abolition of any and all forms of government intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.” Laissez-faire means laissez-faire: no welfare state entitlements, no Federal Reserve monetary manipulation, no regulatory bullying, no controls, no government interference in the economy. The governmentâ€s job under capitalism is single but crucial: to protect individual rights from violation by force or fraud. America came closest to this system in the latter half of the nineteenth century. The result was an unprecedented explosion of wealth creation and consequent rise in the standard of living. Even now, when the fading remnants of capitalism are badly crippled by endless controls, we see that the freest countries--those which retain the most capitalist elements--have the highest standard of living."

  • Rated by AynRandfan on Nov 13 2008, 8:07pm

    From the page: "Speaking of the financial crisis, French president Nicolas Sarkozy recently said, â€oeLaissez-faire is finished. The all-powerful market that always knows best is finished.” Sarkozy was echoing the views of many, including president-elect Obama, who assume that the financial crisis was caused by free markets--by â€oeunbridled greed” unleashed by decades of deregulation and a â€oehands off” approach to the economy. And given this premise, the solution, they say, is obvious. To solve this crisis and prevent another one, we need a heavy dose of Uncle Samâ€s elixir: government intervention. Whether itâ€s more bailouts, stricter regulation, a new round of nationalizations, or some other scheme, the only question since day one has been how, not whether, government is going to intervene. "

  • Rated by JackyeChan on Nov 13 2008, 2:11pm

    "Speaking of the financial crisis, French president Nicolas Sarkozy recently said, "Laissez-faire is finished. The all-powerful market that always knows best is finished." Sarkozy was echoing the views of many, including president-elect Obama, who assume that the financial crisis was caused by free markets--by "unbridled greed" unleashed by decades of deregulation and a "hands off" approach to the economy. And given this premise, the solution, they say, is obvious. To solve this crisis and prevent another one, we need a heavy dose of Uncle Sam's elixir: government intervention. Whether it's more bailouts, stricter regulation, a new round of nationalizations, or some other scheme, the only question since day one has been how, not whether, government is going to intervene."