Ayn Rand - What Is Capitalism? (full course)

This 1967 lecture is Ayn Rand’s flagship talk on capitalism. In it she explains in depth what capitalism is, why it is often misunderstood and why it is the only social system consonant with man’s nature. She discusses the philosophical and ethical roots of capitalism, and contrasts them with the moral-philosophic doctrines that lead to rule by force. She then discusses progress under capitalism and how it is fundamentally different from the so-called progress of a statist society. Along the way, Rand takes up such questions as:
• What is the essence of man’s nature?
• What is the fundamental basis for the concept of individual rights?
• How is capitalism consonant with man’s nature? Why are other social systems not consonant with it?
• Why is serving “the common good” not a sound principle for governing a free society?
• What are the different perspectives on “the good,” and how do they inform people’s views on what constitutes a proper social system?
• What has been the ethical basis of all tyrannies in history?
• Who prospers on a free market?
• How does a free market unleash man’s creative abilities?
• What is so often misunderstood about progress under capitalism?
This talk is excerpted from Rand’s substantially longer and more comprehensive essay of the same name. Students interested in mastering Rand’s views on capitalism are encouraged to study the full essay, available here, in addition to enjoying this course.
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[@johnatkins3017]

In 2021, Americans need to study Ayn Rand's philosophy more than ever before in their history.

[@opticalraven1935]

I admire this woman.

[@kaiserhundkek2531]

well, maybe ignore her definition of capitalism (that is not what it means)

[@edgaraf9411]

Lmao she criticized others for welfare then ended up using it herself.

[@csanb]

In 2022, too.

[@freetrade8830]

@@edgaraf9411 Rand was forced to take part in the welfare system.

[@dustbowlhammer7119]

Why is this not being taught in universities? I think most of us know the answer.

[@thisisobviouslynotmyrealname]

because is the anti thesis, the opposite of todays prevailing leftist ideologies

[@wsovalle]

Because there's nothing here. Pure speculation and absolutely no reasoning.

[@thisisobviouslynotmyrealname]

@@wsovalle you have just described marxism. And marxism is taught in every university. The most destructive, hateful and irrational "philosophy" ever created

[@AkiraNakamoto]

@@wsovalle I probably can show you the mathematical reasoning behind individualism next year (2024).

[@firecloud77]

@@wsovalle You a Marxist?

[@fredslick643]

"The highest tribute to Ayn Rand, is that her critics must distort everything she stood for in order to attack her. She advocated reason, not force; the individual’s rights to freedom of action, speech, and association; self-responsibility, NOT self-indulgence; and a live-and-let-live society in which each individual is treated as an END, not the MEANS of others’ ends. How many critics would dare honestly state these ideas and say, ” . . .and that’s what I reject”? --Barbara Branden

[@kaiserhundkek2531]

also abhorrence to altruism

[@johnnynick6179]

I find it fascinating how, so many years after her death, collectivists still viciously and relentlessly attack Rand. It is actually a very good sign. It shows that we are slowly penetrating the culture and overcoming hundreds of years of immoral indoctrination. The fact that collectivists still consider her such a threat and fear her ideas to such an extent indicates that they are afraid. They SHOULD be. Their entire self-image is built upon an evil premise: that in order to prove you are of value, you must tear down people of actual value. I would find it disappointing if, instead, Rand's critics simply ignored her.

[@guyfauks2576]

the wordt part about ayn rand is that you eventually run out of oxygen to laugh with

[@johnnynick6179]

@@guyfauks2576 What is it you find so funny about Ayn Rand's writing, Guy? Is it the fact that she advocated the use of reason as your primary means of survival? Is it the idea that we settle our disputes WITHOUT the use of FORCE? Is it that YOU should be responsible for taking care of your own life? We all like a good laugh, Guy. Tell us what you find so humorous.

[@mikeb5372]

@@guyfauks2576 Yes, tell us Guy, what amuses you to the point of not being able to get oxygen? Dazzle us with your superior intellect

[@sanoojcools123]

Very insightful. What I found powerful is the section where she speaks about the pointlessness of doing good on others by force as it takes away the judgement and application of independent mind by the others and serves the opposite purpose.

[@kimobrien.]

If the mind is independent than why should you bother listening to her? After all just like free markets independent minds solve all problems. LMAO.

[@michaelshanahan4965]

@@kimobrien.Wow, your Dumb.

[@augustsbautra]

Indeed, this folds well into what Sowell would call the "constrained vision" of man, in that force is never permitted because one's understanding of good, as obvious and unarguable it may seem, is ultimately imperfect and has too great a potential for abuse. This stance leads to some small problems, for example, one might have a hard time deciding whether it is moral to push another out of the way of a speeding car - arguments like "it's moral to do whatever the other person would reasonably ask others to do in their stead had they the opportunity" don't quite cut it.

[@seanmatthews8280]

Wow!!! What an amazing Woman!!!! Almost brought tears to my eyes, so timeless and beautifully expressed.

[@horiboyablemgtow7842]

I have read all her works, including some of her associates. Look up her writing called The Meaning Of Money and The Meaning Of Sex. Her ideas when expressed is like peeling an onion

[@happystevison9682]

Ah ah ah, remember to use reason not subjectivity 😌

[@rollinaldo]

Vim após divulgação do Bredda!

[@danielmoraes9998]

Eu tbm!

[@rollinaldo]

@@danielmoraes9998 que aula hein?

[@danielmoraes9998]

Absolutamente! Sem palavras... só consigo aplaudir 👏👏👏👏

[@cesarvialmincato7658]

👍

[@vivianesouza8911]

Eu tbem. E depois desse vídeo me sinto uma total ignorante frente ao que essa mulher magnífica disse. Esse final sobreo.motivo do capitalismo ser destruído e revelador pra mim.

[@renanchad]

Deixa um like quem chegou aqui pela recomendação do Henrique Bredda! 👍

[@welitonadvogado]

eu tb

[@marielicampos5097]

Eu

[@Elionebo]

Eu

[@lymedog3176]

Please people, post and share her analysis on capitalism and a constitutional republic to all and to show that our country is NOT A DEMOCRACY!!!!

[@normagilliot706]

@jtsjtsm7920 You are wrong . Slave labour is not capitalism . Slaves are sapient beings that can not own private property and their individual rights are not recognized by the state . Slavery in the USA was merely one of the last vestiges of the collectivism of Europe and the rest of the world . Slavery without Altruism is not possible . A egoist does not make a good slave . A good slave is one that evades reality , has hope , has faith and believes that his slavery is merely being a good individual by not serving only himself .

[@adamklosterman8960]

Moron

[@randolphpinkle4482]

@@normagilliot706 Slave owners, aka corporations, used slaves to minimize costs. Not unlike opening offshore factories and offices. Not unlike introducing automation, computer technology, and AI to manufacture products, it ultimately serves the bottom line. Of course, slavery is reprehensible, exploitative, evil, and immoral, and thank god that time is 'mostly' gone, but from a means of production perspective, it's all about maximizing profits and minimizing costs. That's capitalism, and it is brutal.

[@PrimarchRegalious]

​@jtsjtsm7920 No. You're wrong. A nation without borders is no nation, you're arguing ignorantly and subversively. Maybe go get a Generals attention before you start talking because I could hurt you and live with myself.

[@timeandattention3945]

Why did i discover this lady in my 30's 😭

Errrrrrrrrrrmmmmmmmm??? Is it because you had much better things to do in your childhood, teens and 20's?

[@timeandattention3945]

@Gmoney TV wrong assumption. I just read the wrong kind of books, i was not exposed to such thoughts. I have always loved knowledge

[@timeandattention3945]

@Gmoney TV man, why y'all presuming. 🙄

[@augmentedkeys5971]

Because your parents didn’t know of her existence. My son just turned 12 and he knows about her because I’m into her philosophy. Not to brag but my son knows a lot more than many adults. And why is that? It’s because I’m is teacher and guardian.

[@alan9278]

Because like most of us, you were undereducated

[@HoraceMash]

So confident. So eloquent. I’m sure many people will not think to critically consider and reason about these opinions.

[@monzaik3378]

i went to the comments first to get some impressions, yours stood out xD let's see where that video goes

[@federalisticnewyorkians4470]

Thank you for this. It is so nice to meet living souls.

[@jesusmariacasaltorres2488]

the best lecture i have ever heard

[@zhengyangwu8289]

Magnificent speech, crystal clear logic, leaves no doubt in my mind.

[@kimobrien.]

Like most of these fools real capitalism is only possible as an unknown ideal.

[@VisionStance]

Einstein said "Logic will get you from "A" to "Z" but "Imagination will get you Everywhere"

[@johnheath5373]

"Reason is mans means of survival. And that man prosper or fail, survive or perish in proportion to the degree of their rationality." This is the foundation of freedom and free markets. The problem is, most people would rather feel safe than be free.

[@gunz9894]

Ayn rand the greatest mind in men’s history

[@horiboyablemgtow7842]

I would not hesitate to agree. I have bought everyone of her books and treat them like my Bible

[@jray5363]

This woman has a way of explaining things that are easy to grasp, and should be quite obvious to anyone with a brain! It’s amazing how relevant it is to today’s society! It’s an ominous warning that we are going down the wrong path, and the very ideas presented here are not only not being taught, but the alternate view is being indoctrinated into young minds!

[@alania8737]

Grew up in a collectivist culture as an autistic person, I rebelled quite hard against the conformity and the homogeneity. I remember quite vividly the refreshing feeling when I read fountainhead in middle school. Ayn Rand will always have a special place in my mind for articulating my thoughts and feelings so well.

[@KahlessTheUnforgettable]

Bwahahahaha! Good one mate! 😂🤣👍

[@horiboyablemgtow7842]

What country. I was born in New Zealand and they are leftist lunatics

[@l.s.754]

Alisa Zinovievna Rosenbaum a.k.a Ayn Rand, is philosophical genius. ))) She learnd a lot from Aristotle )))

[@jayb-clay2724]

Ayn Rand was a brilliant woman

[@jayb-clay2724]

@Foxaurus I'm not reading all that lol soon as I saw too big to fail banks I see you don't understand the difference between true free market capitalism and crony capitalism that in which we have today. If we stayed the economic course Ayn Rand talks about and didn't constitute a Federal Reserve we would be in a FAR better position than today.

[@jayb-clay2724]

@Foxaurus Ayn Rand and Milton Friedman are 2 of my favorites.

[@duff59ful]

She sure was! Wish I could of met her!

[@Shozb0t]

@Foxaurus In a free market capitalist country (unlike the mixed economy we currently have), the government cannot assist, hinder, or control any individual, group, business, or industry. All it can do and must do is protect individual rights of all the people. That means that there can be no corporate bailouts under a capitalist system. You should be begging for capitalism.

[@JimAllen-Persona]

@@jayb-clay2724Friedman is a problem. Not every problem can be solved with monetary policy. I agree with Ayn Rand’s work as a philosopher, it’s really hard to apply her practices in real life.

[@PANDAJIM45]

More men need Ayn Rand these days ,,,

[@EgilWar]

Excellent and so needed in today's society.

[@desimasala21]

Her explanation is crystal clear

[@desimasala21]

@Seraph909 sure u can text me via WhatsApp. Send me or no.!!😉

[@morenitascorp9246]

Which is why Im perplexed we are syruggling to apply them to each of our lives

[@Nicholas_Terry]

@@venusbonjour9303 no, she was intentionally separating the two; they are not the same. While many religions may believe in the supernatural, they also advocate for free will and morality. I am free to join _and leave_ a given religion. I am free to question a religion. The organizations you are thinking of are cults where you are free to join, but coerced into staying and forbidden to ask questions. Given this example, do you _really_ believe that she doesn’t know the term ‘religion’?

[@LeylaK861]

@venusbonjour I think Sun Rand use the word mysticism because it is all encompassing to define any form of a religious experience whether it be ghosts or anything having to do with an altered level of consciousness. I find the word to be perfect and it's definition. Anything that defies our senses as a rational person such as mysticism should be called into question.

[@LeylaK861]

*Ayn Rand

[@Mantogods]

Great woman

[@SlimTortoise]

Beautiful words, I hope one day Human beings can live up to those high standards, it would be a massive step forward for humanity.

[@christinabutterfield1801]

Capitalism is what keeps people from experiencing true humanity

[@SlimTortoise]

@@christinabutterfield1801 Not true in my view, Freedom is part of Capitalism it has to be. Socialism needs force, to work, Hence why those who are failures, envious and full of hate are more attracted to it. What you are taking about is cronyism, which is a human problem, which is why good law is needed, its the lack of that mostly caused by Public sector ie Government

[@ikant312]

Bake been you mean all the people who voluntary accept social security retirement payments are failures, envious, and full of hate? Even Ayn Rand received social security retirement- which, according to her, is “using force” to rob Peter to pay Paul. Her philosophy is circular logic nonsense.

[@SlimTortoise]

@@ikant312 she did so because her taxes had paid for it, there is many facts about Ayn Ryan's last few years, I too use the UK system, because the money has been forced from me so I'll use it, if a car dealer steals money off you and the only way to get it back is to take a car, then you better believe I'm going to get my car. Thanks for your comment, btw its the idea not the person that matters, just like it's not the colour of the skin but what they say. 😁

[@ikant312]

Bake been nonsense- her taxes weren’t saved in a retirement account- it was taken by force from someone else to give to her. I would say what Rand would say - she should have saved for retirement- not rely on the altruism of others.

[@ShawnWi]

The last 2 1/2 minutes are pure gold

[@ShawnWi]

@Curiouser and Curiouser thank you for your contribution.

[@ljsmithwv]

Powerful!

[@manusha1349]

Genius ♥️ love Ayn Rand

[@lundsweden]

Whether we agree with Any Rand or not, she is not an economist. She was more of a philosopher.

[@tommydejosiafilms]

What a powerful lecture!

[@gma729]

This Video is an Awakening for me !! It Beautifully describes my core human values. Truly !! My individual goals, drive, independence. My soul !!

[@bahavaz]

Couldn, t find any contradiction in that lecture. The best moral defence for Capitalism.

[@tinkletink1403]

maybe try looking?

[@JFCotman]

What a beautiful animation of her teachings. This really bought the heart of what she’s saying to life. Thankyou.

[@kimobrien.]

Who owns the air and sunlight?

[@JFCotman]

@@kimobrien. who cares?

[@kimobrien.]

@@JFCotman I don't want a boss creating unnecessary air pollution from coke batteries in steel mills because he doesn't want to spend the money to clean up the mess he was creating. Suppose someone builds a structure that prevents sun from reaching photoelectric panels on a homes roof top? Same with water pollution. If you bury 55 gallon drums on you land with toxic waste and then they leak into the ground water who owns the ground water? .

[@kashafifi8785]

Unbelievable Worth it to listen to it many times.

[@danieljakubik3428]

Excellent presentation of capitalism from a philosopher’s perspective!

[@ryan.1990]

Legend

[@adamcheck4941]

I can see how this perfectly meshes with her story Atlas shrugged.that brilliant novel was essentially her giving capitalism the unknown ideal a story.

[@johnblasiak2499]

There is no such thing as a collective brain love it

[@DAWN001]

Nonaggression and voluntary association

[@Jazzper79]

The greatest philosopher ever!

[@Jazzper79]

Einstein was a global socialist And 2 and 2 is 5

[@Jazzper79]

Einstein was a global socialist You need to reboot your thinking and start over. Too much garbage.

[@stephendaedalus190]

Einstein was a global socialist Chomsky has moral contradictions in his theories. The man has gained notoriety by being an outspoken humanist. However you do not get points for being merely compassionate.

[@stephendaedalus190]

Jazzper79 I am an Objectivist, mate. I'm responding to Einstein's statement that Chomsky is superior to Rand.

[@stephendaedalus190]

@Einstein was a global socialist logical fallacy with an appeal to authority mate. Loads of PhDs can be wrong. I would caution you to equate an arts degree with production or discovery of the type that Rand speaks of in this lecture. Read Adam Smith's Wealth of Nations to understand the distriction.

[@limitless1692]

WOW I have no words I love it i just love it awesome arguments :)

[@Iamjamessmith1]

A well-founded statement worthy of pride and founded by reason and rationality.

[@ussr95]

Great video, bravo!

[@donharrold1375]

What a brilliant mind she has!

[@Regnak]

It seems she used it for the wrong reasoning though :/

[@supremleader]

we are doing that here!!

[@kennypan3281]

Very appreciated and thankful that I had found this video. I'm into business administration in general. I had learned fruitfully from this video on this topic.

[@u2b83]

Imagine you have a big playground (we'll call this the "market"). In this playground, everyone wants to play with the best toys (these are like "houses" in the adult world). Now, in an ideal playground, every kid should get a turn to play with whatever toy they want. But what if only one part of the playground, let's call them "big groups" (these are like "corporations" in the real world), keep grabbing all the best toys first and don't share? Some kids, we'll call them "renters," want to play too, but they can't because the big groups have all the toys. These big groups sometimes act like they are just one person and say, "These are my toys only!" But because they have so many toys, they start saying, "If you want to play, you have to give me something." But they ask for too much, so many kids can't play at all. Now, there’s this person, let's call her "Ms. Rand," who thinks that everyone should be able to get their own toys without too much interference. But she doesn’t talk much about how the big groups can make it hard for individual kids to get any toys. Also, imagine if kids from another playground (these are "foreign investors") come over and start giving their snacks to the big groups in exchange for playing with the toys. This makes it even harder for the regular kids to get a chance. So, when we say "The free market is not free in one lifetime," it's like saying, in this playground, not every kid gets a chance to play with the best toys, even if they wait a long, long time. And Ms. Rand’s idea is like saying everyone should fend for themselves, but she doesn’t say much about how the big groups or kids from other playgrounds can make this really hard.

[@archiehendricks6093]

I want that book, Already seen it was a bit controlling and how it was counter to my beliefs, removing confusion, This person would be good example.

[@marielicampos5097]

I loved her book

[@blessed6574]

What's the name of her book

[@marielicampos5097]

@@blessed6574 I like "the virtue of Selfishness, but there are many others.

[@blessed6574]

@@marielicampos5097 I just finish looking that book up before you replied. It seems very interesting considering the fact that I've been a victim of that type of thinking that putting myself first is bad.

[@LeylaK861]

"The Virtue of Selfishness" is one of Ayn Rand's best books it's like a primer of her philosophy. Unfortunately the title has turned so many people off this book. Be BRAVE you must read this! It has nothing to do with being selfish.

[@The36japo36]

My question after watching this is to what extent has psychological advertising and narrative control degraded the rationality of capitalist citizens? Can we expect people to act in their self interest when they aren’t being properly educated by the institutions and both parents have been intentionally remanded to the workforce just to survive. What percentage of the average American has any disposable income left after their basic needs are met?

[@davidblankenau]

One of the great tragedies of our Anti-Reason, anti-intellectual world is that introducing things like this to the general public is akin to teaching children calculus before they get the hang of multiplication and division. SO much more fundamental knowledge is needed first, like what IS philosophy, WHY do we need it (or DO we need it?), what are its main branches, how does all that lead to Capitalism (or ANY social/political/economic system), etc. Without answers to these, Capitalism is (at best) a "floating abstraction" in peoples' minds, unconnected to reality, and at worst a sinister unintelligible "enemy" that they cannot understand, so it must be defeated. THIS is where our Government-Run Socialist (Mis)Educational Indoctrination Centers has taken us.

[@alexanderchenf1]

Einstein was a global socialist what a bunch of lies. Cars, Tesla, light bulbs, kitchen appliances... - all of these are invented by private initiatives.

[@robward7542]

David not true these are truths known in the heart of every man do youth just need to be educated that this has been a ideological battle for over a hundred years and they'll come to the correct conclusion postmodernism Marxism and Neo Marxism it's been the ruling ideology that's why it doesn't make sense if we raise our kids to know that the majority of people are lazy thieves and would kill you for what's yours before earning at themselves it would all be very easy to understand you're either good or evil

[@mikeb5372]

Very well stated!

[@epic6434]

​@@robward7542it's not good or evil unless you know what you are doing is but say for instance when an employer of the railway is demanding that anyone needing a job will have to live by his law's on the job that requires traveling and completion of the railway before he is paid in full not to mention the risks of death is that good or evil? So there are some stories of employer's being oblivious to the employees and other's doing the best they could without having a law to force them to have a sanitary work place breaks and lunch a pension with leniency to sick or injured workers it was fought for in most cases but that's Marxism unionized workforce but a farmer doesn't have breaks they work till they are done so does a writer or an artist so it's like capitalism is the opportunity aspect of the constitution I suppose having learning institutions and other organizations to choose from and not have government choose for you. So Marxism is a theory I assume I really haven't studied but heard about it's unity of labor so I could be wrong about it's full extent and who used it to form a political agenda and to what extent I'm sure they are only taking part of it in use and making it their own as most people have with philosophy.

[@drbonesshow1]

Ayn Rand was a philosophical pit-bull as she never backed down against her detractors. She was a refreshingly intelligent spokeswoman for her thoughts. Being a physics professor, I can both admire and appreciate that fact - whether or not I’m in agreement on a particular point of discussion. Her views were her own as my views are my own. America has become an overflowing toilet of one-size (i.e., idea, notion, opinion etc.) fits all mental turds.

[@samuraishonan4706]

I think you mean the woke game.

[@not-yet-a-bot]

Great intellectual!

[@oliviaoquist3459]

Please post this video without the music. The music makes it difficult to hear and concentrate.

[@hH-lc1to]

I'm not trying to be disrespectful, but does someone have a link to the same lecture but without all that annoying music ?

[@octonimus1458]

This is an objective, philosophical, conceptual frame for polatical views. This approach is tied to mans very needs for survival and evolvement.. Look at how all of it is twisted these days thereby rendering the talking heads and so called experts as mental midgets.. This lady is the Einstein of philosophy and polatics. She is indeed a Legend..

[@thelegom7116]

lol

[@Thomasw540]

For those who truly love Ayn Rand, what she is actually talking about in her version of Capitalism is either a religion or American British constitutional capitalism. If you understand her New Capitalist Ideal was already in operation and she was describing in her lectures. She was wrong about virtually everything about the New Deal and refused to understand how she was backing into praising America Capitalism isn't a social program. It is a system of processes and structures that emerges when a social structure has sufficient mass and organization to mint currency and devise a system of stylized barter that is very portable and universal. The Capitalism of Marx is piles of gold. The Capitalism of Capitalism is cash flows. Objectivism, as a sustained defense of The Virtue of Selfishness as the organizing principle, is the elevation of the narcissistic self-indulgence of Nietzsche to a virtue as a novel moral ethic and celebrating your intelligence and superior righteousness. The only obstacle to the execution of the 14th Amendment is the epistemology of Objectivism running the RNC that allows the January 6 majority ot persist.

[@someonenotnoone]

There are no cash flows without access to natural resources. Ultimately all capitalist critiques stem from alienating people from natural resources they can freely labor with.

[@andrewkerr5296]

Awesome video! Rand is a genius

[@goldenquill96]

She supports a "might makes right" mentality: that's not genius, it's not even reason. She says objective values is the only system not determined by "rule by force", but "objective values" (which isn't objective) aka "me first, fuck everyone else for my benefit" is just the individual level of rule by force.

[@borisreitman]

@@goldenquill96 You first, for things that matter to you. You first, as far as choosing your love mate. You first, as far as choosing your work domain. You don't need to "fuck everyone else" -- they are simply not in the picture in the matters that should be, properly, selfish.

[@KDean22]

WITHOUT CAPITALISM, WE STARVE LIKE VENEZUELA AND CUBA

[@antpoo]

That bloody music makes it hard to focus on her ideas.

[@kelvinessien2657]

lmfaoooooo

[@mixtecjaguar9824]

Great stuff

[@wonderfullife8992]

Beautiful

[@reason8467]

love aynrand

[@davee91889]

At the middle of the video I began to cry so hard

[@antpoo]

Sook

[@idesofmarchUNIAEA]

Amen sister!

[@EmilPerez95]

Magnificent

[@ericreeves5380]

I have become a FAN !!

[@guilhermevinhoza7411]

It's like she's describing a system that simply does not exist. Pure ideology.

[@DSM-114]

this can be said about many different economic schools of thought...

[@thelegom7116]

@@DSM-114 so what? how does that make ayn rand right?

[@DSM-114]

@@thelegom7116 i'm not saying it does, i'm not a fan of Rand lol im just stating it

[@thelegom7116]

@@DSM-114 ok sorry, i thought you were another rand fan because everyone else in the comments is.

[@davids5257]

Amazing.

[@liammstacey4681]

Assuming that buyers have true knowledge of the market: the fundamental flaw of the free market. Marketers will always distort the buyers knowledge with psychological advertising.

[@hurtdatown]

Sure but rational thinking comes right back when as she stated... If a man can't afford or needs a plane in his day to day life and only needs a bike.. thinking about or buying a plane ticket is irrational..( I paraphrased a lot)

[@LouWagner76]

Ask the marketing department of any corporation how rational man is.

[@nicholasstephens4]

Thanks!

[@ggrthemostgodless8713]

Just to note that ALLLLL of these points were made a bit back before her by Nietzsche. Not so lectury, but more precisely, and concisely. I wonder if she did get some or most of her ideas from him... for over twenty eight years I have been re-reading Nietzsche and it is clear he must have had an influence on her... Great lecture overall.

[@mughat]

Take a look at this video: Ayn Rand, What is the Difference Between Objectivism and Nietzsche's Philosophy. kzbin.info/www/bejne/i2fKh2SDiriLg8k

[@borisreitman]

Leonard Peikoff showed what's wrong with Nietzsche in his lectures on philosophy series.

[@ggrthemostgodless8713]

@@borisreitman Even I can tell you what is WRONG with Nietzsche, but what is wrong with him pales in comparison to what is RIGHT about him and his thoughts. People went to the moon, and sure I can tell you what things they did wrong before and during the trip, but they WENT TO THE MOON and succeeded, what went right is way more than what went right, it is a product of their times. Get it?? Denying Nietzsche because his truths are hard and harsh is not logical. I can tell you the many many people who have shown what is RIGHT with N.... but what for?? All I see is Rand took many concepts from him.

[@borisreitman]

@@ggrthemostgodless8713 The good thincs in Nietzsche are not his original thinking. It comes from Aristotle, the only philosopher Ayn Rand stated as reference. Also, the idea of the greatness of man was the prevalent idea in Greece. You can see this in that their mythology had men, not animals, as gods.

[@ggrthemostgodless8713]

@@borisreitman I don't even know what to say to THAT... we just have to agree to disagree. But Rand's "philosophy" is not even a philosophy. Enough said. Good luck. At least we are all searching.

[@maryannfrank1852]

I LOVE YOU Ayn Rand Thank you for the Education!!! I Learned more watching this video then in 20 yrs of living . may GOD continue to BLESS and Be with you xoxoxoxoxoxox

[@voltex12345]

she was atheist

[@davidblue8771]

OMG, people still idolize this psycho? I thought we'd evolved past that point.

[@theobjectiveobjectivist9138]

@@davidblue8771 If you dont at least respect the ideas of this woman. Then you surely haven't evolved past most philosophical basis. Which, I assume, is why you name call rather than refute the points. What a shame.

[@Shozb0t]

@David Blue Evolved toward what?

[@bradbecker8982]

8:54 need-to-understand

[@KaoticOrder]

I think she's criticizing the social contract, as described by Jean-Jacques Rousseau.

[@feelwang]

The how might be from your mind but the decision about the what human does anything is from the soul. In the harmony of both together, only then it is worth doing

[@april-7994]

Thank you!

[@SG18627]

It's also equally rational to say that all examples of successful capitalism is build on forceful extracting of resources of otherwise benign fellow humans in other countries

[@jimflagg4009]

I do not subscribe to the idea that some people are better because they are smarter. Every man can be valuable to society. We are given a choice in life. We can either work with our heads or we can work with our backs. If you chose to work with your back then you should be able to do the toil that the others do not want to do. They have advantages with this choice in that ignorance is bliss. Those who use their head have the problem of stress because they know how things are and struggle to change it. Been many time I envy the lawn mower man out side of my office because they do not have dead lines and problems that need to be solved. All they have to do is mow the lawn.

[@jesuscorral905]

Increíble ! Que manera tan simple y hermosa de explicar los fundamentos del ser humano como individuo.

[@bwoodward9564]

I have a problem with how the depression started. I thought that the government interfered after the depression started and that it was speculation in the stock market which caused the depression.

[@kimobrien.]

The free market has "no press" agents. No it has plenty of agents and defenders in the US Ivory tower. American University Business schools, Schools of Government, and Schools of Economics are totally dominated by the believers in capitalism, a capitalist government and capitalist superiority.

[@BriceScanlon]

@@kimobrien. have you been to a liberal arts college XD

[@danielmatuska795]

By a rapid decrease in over-leveraged stock prices and most probably accelerated by protective legislation inhibiting free trade. Smoot-Hawley by name.

[@TeaParty1776]

> speculation in the stock market which caused the depression. The Fed's counterfeiting of money and credit in the 1920s funded unsustainable investments in stocks and housing. This wasted always limited resources that should have been invested with the market as guide. The result was the 1929 Depression. The increased govt economic controls of Hoover and FDR caused the Great Depression. The Great Depression ended after WW2 when Congress abolished some controls.

[@mikeb5372]

Mainly caused by the easy credit created by the central bank followed by unrealistic stock speculation then followed by government intervention.

[@calembourman2295]

Listening to that after G. A. Cohen on BBC feels strange. Like going backwards.

[@kevinkipkorir3132]

eeeeeeeiiiiiii....she is spitting bars, she is the poet of poets.

[@jean-pierredevent970]

You can't both have the cake and eat it. But if you nevertheless want to eat it, always remember shared cake = half cake. A = A

[@tintinlavigne5257]

Thank you for the share but is the music necessary?

[@RichardGeresGerbil]

Dont understand why people find this informative she is just stating the very basic obvious using common sense and reason

[@MarzMindset]

Love it.

[@moodrahkamite818]

Intelligence...is just a down right turn on.

[@SethPostal]

The thing with capitalism is there’s a large percentage of people that are limited. They don’t have the capabilities of others. That’s where we blame the system. Yet the problem is equality. People want to be free but their successes finically undermine others. The solution isn’t socialism but a better regulation of capitalism. In theory you need traits from communism socialism and capitalism for society to function in balance with every person. With all of their natural capabilities and talents.

[@danielmatuska795]

Hmm, a form of regulated freedom.

[@calipygia]

35:02 "The imitators are constantly being beaten by the innovators" followed by images of the light bulb. Hilarious.

[@Veldtian1]

Edison and Tesla AC vs DC? I don't think Telsa invented the incandescent bulb though..?

[@kimobrien.]

@@Veldtian1 Neither did Edison. The incandescent bulb went through a number of changes from its first design. It's basic advantage is its cheap to build and can be designed to work on any stable voltage source commonly available from as low as that of 1.25 volts and as high as 277 volts. Since they are almost a pure resistive load the same bulb works on DC or AC on any common low frequency power source at the same voltage. No special current limiting or spark initiation circuitry is required. It is usually the lowest efficiency way to create light from an electricity.

[@gordonquigg9389]

This is a flaw of Ayn Rand. She died before the cheaters and rip off artists ruined this nation, and the mass's values and morals got trashier and trashier. The cheaters deregulated international production and outsourced everything, so that the imitators have since been forever beating the innovators and inventors and even the hard working producers. She did not foresee corporate elite globalist rip off artists stealing all of the wealth through deception (they own the media), trickery (they infiltrated the government in order to change the laws so they could cheat and steal more), and they gutted the country over the last 50 years of all manufacturing, jobs, and production. And they hide their money in offshore bank accounts to lie and cheat further.all that valiant honest production in this movie has been lost since her era. And her idealism only works with a base foundation of altruism and morality with a lack of force. She was unrealistic. Even in her era, you can't have a major sport with out a major referee staff. Cheaters cheat!

[@thelegom7116]

@@gordonquigg9389 "globalists" "cheaters" "trickery" nice one dude

[@justme-hh4vp]

@@gordonquigg9389She knew, the fountainhead deals with many of these themes, I think the bigger flaw is that everything you outline is the result of those individuals acting in their rational self-interest at a global scale. if you can get things cheaper elsewhere, why shouldn't you? I think she would argue that individuals don't have a responsibility to the nation much less hard working producers who are too expensive to compete. She was writing at a time when America was mired in the Cold War and capitalism stood in stark contrast to socialism. Now capitalism rules and her chickens have come home to roost.

[@ostlandr]

Iron Rule: The higher rhe percentage of economic decisions made by the State rather than the Market, the weaker the economy.

[@javierzapata8161]

Is it me or is capitalism and free-market two different things. Cause I have a tendency to believe that capitalism will eventually erode free markets. When profit dries up you become rent-seeking enterprises. You see that everywhere in the US.

[@lcsjr70]

Capitalism laissez-faire is the same of Free market. Usually when people say about capitalism that's good and so on, it's about Free market. Nowadays we don't have true capitalism (free market). Other people who talk about how bad capitalism is, they say that but they probably don't realize that this capitalism is intervention from government and not truly capitalism

[@lcsjr70]

But this two therms are used, wrongly. Using Mises definition, we have Capitalism, Intervention and Socialism. Capitalism= free market, Socialism = no Private property. Intervention is a mix of them

[@GrigsQuest]

@@lcsjr70 Or Capitalism = Free Market; Socialism = Mixed Economy; Communism = no Private Property. Plenty of socialists who advocate for private property; they aren't communists.

[@borisreitman]

When profits dry-up, a business can try to fool your customers, but it wouldn't last long. Either it pivots to create another product, or it closes its doors. For every inflexible business, there's a lineup of young startups that will take over in a heartbeat.

[@danieljones908]

Rand misses the fact that Homo sapiens are tribal animals and not independent of the tribe. Property, i.e., land ownership is a fantasy in multiple regards, especially as it relates to capitalism and what are generally believed as rights. The board game Monopoly is in fact Capitalism on a micro-scale. Capitalism and monopoly can't be separated anymore than birth and death can be separated. Eventually the majority are forced to pay rent to the minority because they own everything. I am a home owner that pays property tax, which is in reality rent I pay the government for the privilege to lease the land I allegedly own. People are not free, they do not have free will as anyone that is familiar with The Milgram Experiment, The Stanford Prison Experiment, or actually understands the definition of social animal.

[@groverlouthan5344]

The Milgram Experiment was an attempt to understand if the exterminators involved in the Holocaust were “just following orders”, and SPE was an investigation into the causes of difficulties between guards and prisoners in the United States Navy and Marine Corps. Both were highly controversial in the manner they were conducted and conclusions reached as well as the ethical issues/tactics applied. SPE had not even a modicum of the standards to qualify as an experiment with only a random assignment to prisoners and guards as an independent variable. No control group, no comparison group, lasted only 6 days of 14 scheduled and has not been replicated with like results. Zimbardo (psychology professor that led the research group) himself has agreed that the SPE was more of a "demonstration" than a scientific "experiment". Neither of these demonstrated as fact that homo sapiens are tribal animals and dependent on the tribe. However, I am sensitive to your tax situation. I too am a homeowner but I realize I have the free will to deal with it. I can pay it or not then deal with the consequences without worry of being sent to a re-education camp to learn how to be a good little comrade. By the way, birth and death can be separated. It’s called life, hope you find a happy one.

[@danieljones908]

@@groverlouthan5344 No need for re-education for those unaware they have been indoctrinated from infancy, and regimented from the day they were forced to Obey the Bell. We are social tribal animals. The problem is that we are not hive animals, but have been forced to live in a networked hive environment. Similar to Plato's Allegory Of The Cave, your're trapped in an existence you think is reality, but like hive animals you exist within the regimented structure of the hive. Do you think America is a democracy? Was ever a democracy? It isn't and never was. The fact that almost everyone in America thinks America is a democracy is proof enough that they don't have free will.Do you Know that America has bombed 30 different countries since WWII? Have you ever read what the founders of America thought of democracy? Democracy is nowhere mentioned in the Constitution, and for good reason, America was designed to be a Plutocracy, by plutocrats. The US Constitution was born of treason behind closed locked doors, opaque curtains covering the windows, and all were sworn to secrecy, but Madison kept notes, a daily journal. There is lots of correspondence between, and by the founders of America. Democracy was bubbling up just under the surface in France in 1788 when its Treasury was empty. The Founders despised and wisely feared democracy. Thousands lost their heads to the guillotine of the French Revolution that started the same year the Constitution was ratified. Senators were not electected until 1914, and American voters have never elected the President, the Electoral College does and there is nowhere in the Constitution a decree forbidding them to vote how, or anyway they choose. America is a Capitalistic country that crushes burgeoning democracies, despises democracy, and anywhere in the Western Hemisphere that dark skinned and/or indigenous people establish a democracy America has a rabid hate for it and sets about ways to murder it, it's leaders, or its supporters including its people. Sanctions, sieges, corruption, coups, bribes, and lies that it barely tries to hide. Hiring half of the people to kill the other half of the people. Support, arm, and supply moderate terrorists today to murder the terrorist they will be tomorrow. Arm one country for war with another, later arm the other country, then supply arms to all sides in the war the Empire created at once. Let's destroy a stable country with the highest living standards in all of Africa to save the women of the world from Gaddafi's hoards with hard-ons.

[@emocuta]

love this woman!! ❤️🥂 (and capitalism)

[@Openmind-on4kx]

People of America shall realise you have best of the best free capitalist social system which no other country can achieve in near future

[@paulgibbons2320]

Very nice. But we are not capitalists though. That stopped sometime ago.

[@saiteja8955]

There is a saying that " if you are not a communist before 25 then you don't have a heart and if you are a communist after 25 then you don't have a brain ". At the age of 25+ we realize the reality of the society and will come to know that communism doesn't work the same as it is described in Marx's Communist manifesto. And why most of us behave as a communist before 25 is that we are driven by our emotions and caught in the trap of the heroic altruistic feeling.

[@TommyCartesian]

My ideas also correspond with reality ⭐️

[@Greg021153]

Wait for it, wait for it...Without property rights, no other rights can be practiced...the money shot.

[@CaptainStottlemeier]

I don't know what to make of her. Yes she is very interesting to listen too and gives one a whole other view on life that what we see as normal. If we were all selfish would it be a better or nastier world? Who knows? What about the sick, physically or mentally challenged, old and unable to provide for themselves well do we just throw them all under the bus? Does limited government build highways etc or do we rely on all thoae selfish men and women to get the job done? In theory it might seem exciting but in actuality I am not sure it would work. Her lack of caring for anyone other than her spouse seems well callous and if we all subscribe to the same theory would it not be a rather cold distant world? She saw a sky scraper as more impressive of mans creation than the sky or its many other beautiful wonders. She has definitely given one room to think when it comes to her work and most certainly has to be admired for putting together a philosophy that well is different too what yall subscribe too. 🌐

[@loucarney5]

The Democratic Party needs to watch this! I don’t this The Squad could fathom Rand”s fiat. That’s why they want to destroy the fabric of individual thought.

[@loucarney5]

jeep23862 you need to read Orwell’s 1984 and the issue of history revisionists and controlling thought through manipulating language that is deemed proper by Big Brother. Case in point in New York if you use. The word “illegal alien” you face scrutiny by the Democrat government. At one time a person was called a suspect now a person of interest, I could go on. Af for revisionist, the Dems call Trump a racists. Are you familiar with the Democratic Party? They funded and helped organized the grass roots of the KKK. They blocked every effort by the Republican Party to free the South of their hatred for blacks. They had black codes to thwart all efforts to give blacks a chance in the South. FDR even made an agreement with the Dixiecrats to not pass any legislation to stop lynchings in the South and agreed to deny blacks Social Security payments in order to get his New Deal passed. Why don’t they teach this in history? Why don’t they want civics taught in the schools? They watered down the curriculum in our great country to control thought. They control the media. It might be 2019 but 1984 is approaching. Read Animal Farm and tell me. You don’t see Obama Farm at work. The Marist who became a capitalists! The irony!

@@loucarney5 I read 1984 long before 1984. The fact is over time most political parties evolve and mature often leaving behind earlier dogma's. Such morphing over time is of historical interest but has no relevance in any practice sense today. Unfortunately one of the draw backs of the American Constitution is in order to keep the power of government in check to get anything new legislation past compromise with the political opponents is inevitable. Example:- Obama's much truncated affordable health care act.

[@loucarney5]

jeep23862 How could Obama health care be Truncated? He refused to go after the culprits: pharmaceutical companies, AMA and the legal torts machine who all threatened his program if he didn’t back off of them. Nice compromise, huh? Secondly, the Democratic Party has not evolved at all. They are more divisive than ever. Even though I voted for Bill Clinton, I do remember how he and Hillary praised that great KKK Senator Byrd and had the gall to say you have to join groups like that to get ahead. Really? Let’s follow the black community. During the enslavement period in America, blacks lived in squalor housing, had no sense of safety, no hope, violently treated, and family membership stripped away. Fast forward to today, dilapidated housing, communities living in fear, no hope of a better tomorrow, violence in the streets and dysfunctional families. Hmmm seems like your evolution theory or morphing is a bit naive. So, what is the common thread between these two periods ? Democratic leadership. You see, the Civil War is actually theNorth against the Dems who controlled the. South. Look up what Malcolm X said about the Democratic Party. He said it so eloquently.

[@loucarney5]

jeep23862 maybe if you get past cnn msnbc and fox and read or even view KZbin at other perspectives things will be clearer about our America and the dilemma we face as individuals and a country you’ll begin to see. Peace be with you through your journey through life! I hope. You find what you seek.

[@dylaro0]

@ g

[@whiskeysour1179]

Guess I'm seeing this because I finished re-listening to Capitalism, The Unknown Ideal