“A trader is a man who earns what he gets and does not give or take the undeserved. He does not treat men as masters or slaves, but as independent equals. He deals with men by means of a free, voluntary, unforced, uncoerced exchange—an exchange which benefits both parties by their own independent judgment. A trader does not expect to be paid for defaults, only for his achievements. He does not switch to others the burdens of his failures, and he does not mortgage his life into bondage to the failures of others.”

in Ayn Rand, Objectivism, Writers

-Ayn Rand, “The Objectivist Ethics” in The Virtue of Selfishness (New York: Signet Centennial Edition, 2005 re-print of 1964 edition), pp. 34-35.

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