Rand contradicts herself 1.4

Ayn Rand’s philosophy invalidates her concept of capitalism.

On the one hand, according to Rand’s philosophy, “There are invalid concepts, i.e. words… without referents…”[1] In Rand’s philosophy, a word without a referent is a word without a real world example.

On the other hand, according to Rand’s economic history, capitalism has “never yet existed”[2]. There is no real world example of capitalism according to Rand.

Capitalism has no referent, therefore it is an invalid concept according to Rand’s philosophy.

According to Rand’s philosophy, “An invalid concept invalidates every proposition or process of thought in which it is used as a cognitive assertion.[3]

Therefore, all of Rand’s propositions and processes of thought regarding capitalism are invalidated by her own philosophy.


[1] Intro to Objectivist Epistemology, Definitions, Pg 65

[2] The Objectivist Ethics pg 33. Also Atlas Shrugged.

[3] Intro to Objectivist Epistemology, Definitions, Pg 65

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