Capitalism: The Only Moral Social System

Capitalism is widely recognized as the practical social system because, wherever and to the extent that it is implemented, it leads to wealth and prosperity. But this same system is widely regarded as immoral because it enables people to act fully in their own self-interest—that is, to act on their own judgment and to keep, use, and dispose of the product of their own effort. This talk demonstrates why, far from making capitalism immoral, the fact that it enables everyone to act selfishly and own property is what makes it not only the most practical but also the only moral social system ever devised. A question-and-answer period will follow the talk.

Craig Biddle is author of Loving Life: The Morality of Self-Interest and the Facts that Support It and editor of The Objective Standard, a quarterly journal of culture and politics written from an Objectivist perspective.

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