Why We're Not Capitalist Enough | Yaron Brook
180Yaron Brook is head of The Ayn Rand Institute and best-selling author of ‘Free Market Revolution: How Ayn Rand's Ideas Can End Big Government, Equal Is Unfair: America's Misguided Fight Against Income Inequality, and most recently, In Pursuit of Wealth: The Moral Case for Finance.
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Yaron's argument:
• Brook promotes the Objectivist ethical position that rational selfishness is a moral virtue and that altruism is evil.
• Socialism has not been mis-represented. Its history is chequered because its ideas are flawed not because particular or individual groups have derailed it from its ideals. It is naturally destructive of the human spirit.
• Socialism cannot deliver equality, nothing can; equality is a myth and a dangerous aim.
• Equality is not what is best for society. We want all people to live above a certain standard, but we also want people to be free to live different lives from each other and to the best they can which ultimately drives up the standard of a whole society. It is immoral for the government to take money from people and give it to others. Money is just a reflection of hard work. You destroy innovation, creativity and hard work if you redistribute money.
• Socialism violates individual rights and it is anti-life.
• Socialism stops people from thinking due to over-regulation. It will make people more and more dependent on the state in ways beyond the immediate economic ways; people will not be able to think for themselves and pursue their own life
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