Capitalism from "summary" of Atlas Shrugged by Ayn Rand
Capitalism is a system based on the recognition of individual rights, including property rights, in which all property is privately owned. This means that individuals have the right to own and use their property as they see fit, without interference from the government or any other individuals. In a capitalist system, individuals are free to pursue their own self-interest and to engage in voluntary transactions with others for mutual benefit. This freedom allows for the creation of wealth and prosperity, as individuals are able to use their talents and resources to produce goods and services that others value. One of the key principles of capitalism is the idea that individuals should be able to keep the fruits of their labor. This means that individuals are entitled to the rewards of their efforts, whether those rewards come in the form of money, property, or other benefits. This principle provides individuals with an incentive to work hard and to innovate, as they know that they will be able to enjoy the benefits of their ...
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