Principles in Practice: The Blog of the Objective Standard

Friday, May 09, 2008

The Morality of Capitalism

Posted by ARI Media at 12:48 PM

Who: Eric Daniels, research assistant professor at the Clemson Institute for the Study of Capitalism and speaker for the Ayn Rand Institute

What: A talk explaining why capitalism is the only moral social system. A Q&A will follow.

Where: Hilton Costa Mesa, 3050 Bristol Street, Costa Mesa, CA 92626

When: Thursday, May 22, 2008, at 7:30 PM

Admission is FREE.

Description: Despite capitalism's enormous success in producing material abundance and political freedom, it faces a crisis—one that may lead to its demise. Capitalism is perishing because its supposed defenders lack a real defense.

In this lecture, Eric Daniels explores the most common arguments in favor of capitalism. He finds that they all break down in the face of the popular argument that capitalism is immoral and destructive—because it is selfish. Dr. Daniels explains that only Ayn Rand's crucial insight—that capitalism is the only moral social system because it is based on "the virtue of selfishness"—can truly defend capitalism. He illustrates the need for a moral, and not just an economic, defense of capitalism.

Bio: Eric Daniels is a research assistant professor at the Clemson Institute for the Study of Capitalism. He has lectured internationally on American ethics, on American business and legal history, and on the American Enlightenment. Dr. Daniels's publications include a chapter in The Abolition of Antitrust and five entries in the Oxford Companion to United States History.

For more information on this talk, please e-mail events@aynrand.org.

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Eric Daniels is available for interviews now and after his talk.
Contact: Larry Benson
E-mail: media@aynrand.org
Phone: (949) 222-6550, ext. 213

For more information on Objectivism's unique point of view, go to ARI's Web site at http://www.aynrand.org/. Founded in 1985, the Ayn Rand Institute promotes the philosophy of Ayn Rand, author of Atlas Shrugged and The Fountainhead.

Labels: Business and Economics, Events