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Atlas Shrugged Essay: Pure Capitalism

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Atlas Shrugged Essay What is Pure Capitalism? According to Thelawdictionary.org Pure Capitalism is an economic system that shows little interference from a government body. The system is run by big business and revolves around money and capital assets. A capitalist economic system is characterized by a lack of government intervention, a means of production that is owned by private firms and is where goods and services are distributed.
A capitalist economy, people are divided into two classes, those who own businesses and those who work for them. Business owners are those who can supply or have larger capital, and earn profits from production of those who supply. There are four types of capitalism Democratic Capitalism which is a dynamic complex
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Similar to many other concepts in Rand’s novels, the meaning of “money” also contradicts its usage in the real world (Gordon 301). The only economic system that would work is laissez faire capitalism without rules and regulations so that ideas and mental freedom can thrive. All other systems inhibit the qualities that are needed to make society progress. Money is considered to be the root of all evil, but in Atlas Shrugged by Ayn Rand, money is how the effort’s of an individual are measured. Rand proves this by demonstrating the downfalls of socialism as it is shown to be an economic system in which a person’s work goes to benefit the entire society rather than himself (Moore).

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Ayn Rand and her novel Atlas Shrugged almost fully predict the American economic and social ideals that are happening in modern times. Rand foresees the gradual collapse of the American Economy that has happened in 2008 and is now predicted to happen once again in 2016. She too envisages the type of people that arise from the economic crisis such as the hard working free thinkers, and the sheep that follow in today’s society. Ayn Rand also portrays the ideal that no one can answer the most rhetorical questions of today’s society with the phrase “Who is John Galt?”. This phrase is similar to some that are said today that represent the hopelessness and despair of the failing American society.

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