The true equality: Statism, Fascism, Socialism and… Corporatism?

Ze Pragmatist

Ayn Rand published Capitalism: The Unknown Ideal in 1966 to challenge the altruistic and statist ideologies that were emerging in the US. The presidency of Lyndon B. Johnson saw the introduction of quasi-welfare policies and the idea of a ‘Great Society’ built on public institutions, tax money and loans from overseas. Rand’s rebuttal was that these systems could be run under a self-determined economy and voluntary sector of what Rand believed were ‘free people’ with the rights to cultivate their modernity as human beings.

Rand did not think of a difference between fascism, statism and socialism and instead pointed out that their definitions were a simple matter of lexical manipulation. Unravelling the ideas of these three abominations, we will find strong centralisation, public (Government) ownership of property and a welfare state funded by either high taxation and/or overseas loaning. Not only making the individual subordinate to the demands of the…

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