-Ayn Rand, “What is Capitalism?” in Capitalism: The Unknown Ideal. New York: Signet, 1967, p. 30.
- “No one can morally claim the right to compete in a given field if he cannot match the productive efficiency of those with whom he hopes to compete. There is no reason why people should buy inferior products at higher prices in order to maintain less efficient companies in business. Under capitalism, any man or company that can surpass competitors is free to do so. It is in this manner that the free market rewards ability and works for the benefit of everyone—except those who seek the undeserved.”
- “Progress cannot be achieved by forced privations, by squeezing a ‘social surplus’ out of starving victims. Progress can come only out of individual surplus, i.e., from the work, the energy, the creative over-abundance of those men whose ability produces more than their personal consumption requires, those who are intellectually and financially able to seek the new, to improve on the known, to move forward.”
- “If some men do not choose to think, they can survive only by imitating and repeating a routine of work discovered by others-but those others had to discover it, or none would have survived. If some men do not choose to think or to work, they can survive (temporarily) only by looting the goods produced by others-but those others had to produce them, or none would have survived.”
- “Economic progress…has only one ultimate source: man’s mind—and can exist only to the extent that man is free to translate his thought into action.”
- “To the extent that a man is guided by his rational judgment, he acts in accordance with the requirements of his nature and, to that extent, succeeds in achieving a human form of survival and well-being; to the extent that he acts irrationally, he acts as his own destroyer.”