What explains the rise of statism in America, a nation founded on laissez-faire capitalist principles? Leonard Peikoff takes up this question in this 1980 lecture to a group of businessmen. After considering popular yet insufficient explanations, Peikoff identifies the ideas dominating Western philosophy as the crucial determinant.

Voice of Capitalism

Capitalism news delivered every Monday to your email inbox.

You have Successfully Subscribed!

Pin It on Pinterest