In this 1961 lecture, Ayn Rand argues that “every ugly, brutal aspect of injustice toward racial or religious minorities is being practiced towards businessmen” under America’s antitrust laws. Rand catalogs the injustices of antitrust, decries the scapegoating of businessmen, analyzes particular cases, rejects antitrust laws as non-objective and calls for their ultimate repeal. A version of this talk appeared in pamphlet form in 1962 and was later anthologized in Capitalism: The Unknown Ideal (1966 and 1967).
In a separate program recorded on Columbia University’s campus radio, Rand answers questions on the subject matter of her talk and on such topics as the practical process of moving toward a free economy, the application of antitrust law to labor unions, and the proper role of government in such areas as intellectual property, building and construction practices, professional licensing, prescription drugs, inoculation, quarantines and the parental abuse of children.
