"The Objectivist ethics proudly advocates and upholds rational
selfishness . . . GNOSTICS
It holds that the rational interest of men do not clash -
that there is no conflict of interests among men . . . who deal
with one another as traders, giving value for
The principle of trade is the only rational
ethical principle for all human relationships, personal and
social, private and public, spiritual and material. It is the principle
"Without property rights, no other rights are
"Today, few people know what capitalism is . . . "1c
"All credit transactions are contractual agreements.
. . Only a very small part of the gigantic network of credit
transactions ever ends up in court, but the entire network is
made possible by the existence of the courts, and would collapse
overnight without that protection."1d*
Italics in the original.
1 Ayn Rand (1905-1982). The Virtue of
Selfishness: A New Concept of Egoism. With additional
articles by Nathaniel Branden. Ayn Rand, 1961, 1964. The Objectivist
Newsletter, Inc., 1962, 1963, 1964. New York, NY: Penguin Books USA,
Inc. (A Signet Book.)
a The Objectivist Ethics, at 34.
b The Objectivist Ethics, at 36.
c The Objectivist Ethics, at 37.
d Government Financing in a Free Society, at 136.