In this 1964 radio broadcast, Ayn Rand dispels myths and misunderstandings about capitalism. She illustrates her points with examples from American history involving public utilities, railroads, land grants, coercive monopolies, “price wars,” tariffs, antitrust laws, financial “panics” and the 1929 stock market crash. Rand argues that capitalism has been repeatedly blamed for economic distortions actually caused by government intervention in the economy.
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