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Capitalism advocate will deliver message at Wheeling Jesuit
Linda Harris, State Journal (Charleston, WV)
Ayn Rand Institute |
Atlas Shrugged |
Capitalism |
Egoism |
[Eric] Daniels will be on the Wheeling Jesuit University campus to discuss the “Morality of Capitalism” at 7 p.m. March 17 and explore the most common arguments in favor of capitalism. Sponsored by the BB&T Charitable Foundation, it’s part of the college’s annual Institute for the Study of Capitalism and Morality (ISCM) speaker series and is offered to provide a series of forums for discussing issues regarding capitalism and morality, business ethics, and related issues. Wheeling Jesuit Business Professor Ed Younkins, executive director of ISCM, said Daniels finds that those arguments “all break down in the face of the popular argument that capitalism is immoral and destructive because it is selfish.” “Dr. Daniels explains that only Ayn Rand's crucial insight — that capitalism is the only moral social system because it is based on "the virtue of selfishness" — can truly defend capitalism. He illustrates the need for a moral, and not just an economic, defense of capitalism,” Younkins said. Rand was a 20th century author who wrote “Atlas Shrugged” and other books that extolled the virtues of capitalism.
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