Home
/
RELIGION & LIBERTY ONLINE
/
Ayn Rand didn’t understand capitalism. Or altruism. Or Christianity. Or reality.
Ayn Rand didn’t understand capitalism. Or altruism. Or Christianity. Or reality.
Jan 4, 2026 8:12 PM

There once was a time when I was enamored by the philosophy of Ayn Rand. An émigré from the Soviet Union, the influential novelist and founder of Objectivism had an enthusiasm for market capitalism and a hatred munism that I found entrancing. I discovered her two major philosophical novels,The Fountainheadand Atlas Shrugged, in my early years in college as I was beginning to wake from my enchantment with liberalism. I was instantly hooked.

Rand’s ideas were intriguing, yet she harbored sentiments that made it difficult for a young Christian to accept. She was an atheist who despised altruism and preached the “virtue of selfishness.” She believed that rational self-interest was the greatest good and sang the praises of egoism.

In retrospect, it appears obvious that any attempt to reconcile these ideas with my orthodox evangelicalism was destined to fail. Still, I thought there might be something to the philosophy and was particularly intrigued by her defense of capitalism. My understanding of our economic system was a rather immature, though, and I failed to recognize that Rand had an plete misunderstanding of capitalism. She confused self-interest with selfishness.

Many people, of course, share this profound misunderstanding of capitalism. For some peculiar reason they act as if Adam Smith’s invisible hand has the Midas’ touch; that it can alchemically transform the vice of avarice into the great goods of capitalism. Like most proponents of capitalism, Rand never explains how this magical process occurs. Instead she just accepted this sleight of hand as a matter of brute fact.

It is true, of course, that self-interest is the engine that drives capitalism. But self-interest is not the same as selfishness, at least not in the way that Rand would use the term. In her novelThe Fountainhead, Rand’s protagonists are portrayed as the epitome of the capitalist intellectual hero. In fact, they rarely act less like capitalists, choosing instead to behave like spoiled, egotisticalartistes.

Consider, for example, the novel’s main character, an architect named Howard Roark. In one particularly illuminating passage, Roark is told that his job as an architect, the primary purpose of his work, is to serve his clients. Roark responds by affirming, “I don’t intend to build in order to serve or help anyone. I don’t intend to build in order to have clients. I intend to have clients in order to build.”

While such egotistical bluster may make for an interesting fictional character, this attitude can hardly be considered a solid foundation for capitalism. As the libertarian economistMark Skousenobserves in a critique of Rand:

the goal of all rational entrepreneurship must be to satisfy the needs of consumers, not to ignore them! Discovering and fulfilling the needs of customers is the essence of market capitalism. Imagine how far a TV manufacturer would get if he decides to build TVs that only tune into his five favorite channels, the consumer be damned. It wouldn’t be long before he would be on the road to bankruptcy.

This leads us to one of the primary misunderstandings held by many of Rand’s admirers. Although she is widely praised for her defense of the capitalism (she was famous for wearing a gold broach in the shape of a dollar sign), she viewed it as subservient to a greater ideal:

I am not primarily an advocate of capitalism, but of egoism; I am not primarily an advocate of egoism, but of reason. If one recognizes the supremacy of reason and applies it consistently, all the rest follows. This—the supremacy of reason—was, is and will be the primary concern of my work, and the essence of Objectivism. (“The Objectivist”, September 1971)

On this point Rand is quite mistaken. Reason, applied consistently, doesn’t lead us down a straight path to egoism, much less to capitalism. Examined closely, we would find that her entire Objectivist philosophy is founded on this simple question begging premise. Rand, of course, would claim that it was a self-evident truth. But this requires us to believe that no one who ever came to a different conclusion was following reason where it leads. She might have no problem accepting such a conclusion—Rand was never one to tolerate dissent—but we don’t have sufficient justification for doing so.

This veneration of egoism also lead her to consider altruism to be a form of evil. As she explains inThe Virtue of Selfishness:

Altruism declares that any action taken for the benefit of others is good, and any action taken for one’s own benefit is evil. Thus the beneficiary of an action is the only criterion of moral value–and so long as that beneficiary is anybody other than oneself, anything goes.

At first glance it appears that she has built a strawman by redefining “altruism” in a way that is monly used. But she does have justification for her claim, for her idea of altruism is based on the ethical system of Auguste Comte and the English positivists. Comte’s system, which considered that only actions that benefited other could be considered moral, was both ethical and religious. As theCatholic Encyclopediaexplains:

Not only is the happiness to be found in living for others the supreme end of conduct, but a disinterested devotion to Humanity as a whole is the highest form of religious service. His ethical theory may be epitomized in the following propositions.

–The dominion of feeling over thought is the normative principle of human conduct, for it is the affective impulses that govern the individual and the race.

–Man is under the influence of two affective impulses, the personal or egoistic, and the social or altruistic.

–A just balance between these two is not possible, one or other must preponderate.

–The first condition of individual and social well-being is the subordination of self-love to the benevolent impulses.

–The first principle of morality, therefore, is the regulative supremacy of social sympathy over the self-regarding instincts.

To bring about the reign of altruism Comte invented a religion which substituted for God an abstraction called Humanity.

If Howard Roark was the incarnation of Rand’s egoistic ideal, then Ellsworth M. Toohey was the exemplar of Comte’s religion of Humanity. Toohey was the antagonist inThe Fountainheadand the embodiment of all that Rand would consider most base and unworthy in a person. His altruistic behavior and self-sacrifice is portrayed as loathsome. The reader is meant to despise him as weak and unmanly and, thanks to Rand’s powers as a novelist, we have no trouble seeing him in this way. By rejecting Toohey, we reject altruism.

Those who fail to notice the way that Rand defines altruism often mistake her critique as an argument against Christian morality. This isn’t surprising when we consider that Rand herself seems to make the same error. But the Christian view of altruism is not predicated on an obligation to love others more than we love ourselves. While there may be instances where such self-sacrificial love is appropriate, it is not an absolute duty. What we manded to do is love othersjust aswe love ourselves. We are to love other humans in the same way, taking into account their interests and needs. We are not to treat them, as Comte would have us, in a disinterested manner.

Fully considered, it es obvious that Rand’s views congeal into a fatally flawed philosophy. Even when stripped of its atheistic elements, Objectivism’s focus on radical individualism cuts it off from reality and causes it to wither under scrutiny. And as much as we might admire Rand’s deep-rooted hatred of collectivism, her philosophy is still just another utopian dream, a transvalued Marxism.

Ultimately, Rand’s egoism is irreconcilable with both Christianity and capitalism. In fact, since the system fails to have any true explanatory value, it’s difficult to find any reason to adopt Objectivism at all. Fortunately, we don’t have to buy into Rand’s philosophical errors in order to appreciate her fiction. We just have to keep in mind that instead of reading a “novel of ideas”, we are reading a work of fantasy.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Acton media roundup: Jay Richards on Fox and Friends
Acton Research Fellow and Director of Acton Media Jay Richards joined the Fox and Friends crew on Fox News Channel this morning to kick off this presidential election year with some analysis of the role of religion in the Republican presidential primary. For those of you who missed it, here’s the clip: ...
More Books of Interest: IVP
For my money, some of the most interesting titles in recent years in the field of Christian scholarship e from IVP Academic (an imprint of InterVarsity Press). The latest catalog features an announcement of Thomas Oden’s How Africa Shaped the Christian Mind, as well as an interview with the author, which prompted a couple reflections. (The interview is available for pdf download here, Fall 2007) I remember my first teaching assignment, a survey course in American history. We were covering...
Commercial Society reviewed on University Bookman
The University Bookman, a publication of the Russell Kirk Center, reviews Dr. Samuel Gregg’s The Commercial Society: Foundations and Challenges in a Global Age in its Fall 2007 issue. Actually, the Bookman reviewed it twice. Reviewer Robert Heineman, a professor of political science at Alfred University in New York, described the book as an “exceptionally well written volume” that should be read by anyone concerned about human freedom and progress. Heineman has this to say about Gregg’s discussion of democracy...
Movie review: Charlie Wilson’s War
The newly released Charlie Wilson’s War is a film based on a book that chronicles the semi-secret war that led Afghan freedom fighters to defeat the Soviet military during the 1980s. Tom Hanks plays former Democratic Texas Congressman Charlie Wilson, who is also known as “Good Time Charlie” for his womanizing, drinking, and recreational drug use. The viewer is led to believe Congressman Wilson is not serious about his elected position until he takes up the cause of the Afghan...
Global warming consensus alert – consensus breach at the New York Times
I guess I’ll do the honors for first post of the year once again… Availability cascade: An availability cascade is a self-reinforcing process of collective belief formation by which an expressed perception triggers a chain reaction that gives the perception increasing plausibility through its rising availability in public discourse. The driving mechanism involves bination of informational and reputational motives: Individuals endorse the perception partly by learning from the apparent beliefs of others and partly by distorting their public responses in...
The Truth about Tithing
In this week’s Acton Commentary I examine “The Truth about Tithing.” “Whatever benefits we claim to receive from tithing, whether spiritual, emotional, or financial, these are not to be the reason that we give. We give out of obedience to God’s word,” I write. Here’s a link to a Marketplace Money report from last Friday that was the proximate occasion for the piece, “Tithing can be a good investment.” It’s a pretty disgustingly caricatured picture of tithing we get from...
Journal of Markets & Morality on ATLA Religion
The Journal of Markets & Morality is one of eight journals that has been selected for indexing in the seminally important ATLA Religion Database in 2007. The American Theological Library Association (ATLA) is a professional association of theological libraries and librarians, with almost 300 institutional and 600 individual members. From the ATLA’s website: “The ATLA Religion Database (ATLA RDB) currently indexes more than 500 journal titles and approximately 250 polygraphs each year, and considers new titles for evaluation based on...
‘Liberty Theology’ — WSJ article by Rev. Sirico
In the Wall Street Journal’s Americas column, Rev. Robert A. Sirico examines the shift in thinking about liberation theology among Catholic Church leaders in Latin America. Excerpt: Catholic Church bishops, priests and other Church leaders in Latin America were once a reliable ally of the left, owing to the influence of “liberation theology,” which tries to link the Gospel to the socialist cause. Today the Church ing to recognize the link between socialism and the loss of freedom, and a...
Is Capitalism Moral? — Rev. Sirico on WSJ video
Rev. Robert A. Sirico is interviewed by James Freeman, assistant editor of the Wall Street Journal’s editorial page, about markets and morality and about the Acton Institute’s Call of the Entrepreneur documentary. ...
Criminal Justice and Christian Forgiveness
Last Saturday a brief mentary of mine ran in the weekly Religion section of the Grand Rapids Press, “Chandler case exemplifies need to repent.” The occasion for the piece was the sentencing over the last few months of those convicted of involvement in the rape and murder of Janet Chandler in 1979 (more details about the case can be found in the Holland Sentinel’s special coverage section.) Chandler was a student at Holland’s Hope College at the time of her...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved