The Intellectual Bankruptcy of Our Age

In this 1962 recording, Ayn Rand argues that America’s intellectuals have defaulted on their responsibility to understand and defend capitalism. Rand contends that intellectuals failed to grasp the source of businessmen’s productivity and the destructive effects of collectivist schemes implemented by government coercion. By failing to uphold the value of individual liberty, intellectuals paved the way for authoritarian states and the decline of freedom in the twentieth century.

In a separate program, Rand answers questions prompted by her talk, addressing such topics as charity in a free society, the nature and evils of altruism, what she had in common with liberals, Nietzsche’s subjectivism, economic regulation, pollution remedies and the need for television airwaves to be recognized as private property.

The lecture lasts 50 minutes, and the Q&A program lasts 32 minutes.

 

About the Author

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Ayn Rand
Ayn Rand created and defined her philosophy, Objectivism, in the pages of her best-selling novels, particularly The Fountainhead and Atlas Shrugged, and in a series of nonfiction books that address a wide range of fundamental issues in philosophy. Born Alisa Rosenbaum in Tsarist St. Petersburg in 1905, Rand witnessed the Russian Revolution as a teenager and promptly condemned communism as immoral for sacrificing the individual to the collective. In 1926, shortly after graduating from the University of Leningrad, she fled to America, adopting the pen name Ayn Rand to shield her family from possible persecution once her anti-communism became well known. In Hollywood, she wrote scenarios for famous director Cecil B. DeMille and met her future husband on a movie set, but the couple struggled financially for years. Then came a string of writing successes: a Broadway play, followed by her first novel, We the Living (1936), then a novella called Anthem (1938), and later her first best seller, the story of a fiercely independent architect named Howard Roark in The Fountainhead (1943). All these works of fiction feature gripping stories and exalted, egoistic, this-worldly heroes. In writing Atlas Shrugged (1957) — the story of a man who said he would stop the motor of the world, and did — Rand had to define fully her new philosophy of reason, rational self-interest, and laissez-faire capitalism. Thereafter, and until her death in 1982, Rand amplified and explicated her “philosophy for living on earth” in a stream of books whose theoretical essays and cultural commentaries cover important topics across the five major branches of philosophy: metaphysics, epistemology, ethics, politics and esthetics.