Is it unfair to punish success instead of failure? To punish innovation to reward stagnation, honor idleness at the expense of the diligent, and to burden the hard-working to carry along those barely working at all? If you answered yes to any of these questions, it is time to stop corroborating against and accepting the villanization of big business.
At the heart of capitalism is the recognition of individual liberties.In Capitalism: The Unknown Ideal, Rand states that, “the social recognition of man’s rational nature-of the connection between his survival and his use of reason-is the concept of individual rights (Capitalism: The Unknown Ideal).”
Capitalism at its core appears to be a valuation system. A paradigm that gives societal objective values to everything from an idea to a piece of fruit to a brand new car. Capitalism’s objective value, value that is external, unlike intrinsic valuation or subjective, allows freedom to the individual. Intrinsic value is oftentimes placed on a pedestal; however, intrinsic value allows for worth to be completely relative without external justification. Objectives, goals, and missions which are deemed intrinsically valuable are pursued at the expense of citizens.
Statism makes the individuals nothing more than a commodity, and “the good of some men takes precedence over the good of others, with those others consigned to the status of sacrificial animals”(13). Animals value only is in what physical effort they can exert, beyond reason and intellectual ability.
Capitalism leads to the greatest prosperity, growth, innovation, creativity, and eventually peace. Rand makes the strong claim that “Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships. By the nature of its basic principles and interests, it is the only system fundamentally opposed to war”(33). Other systems try to gain prosperity by using individual’s resources to prop up or subsidize ideas at the expense of everyone. Only capitalism leads to prosperity by allowing individuals freedom to better themselves and through that process better all of society.