Laissez-faire capitalism in the context of "Ayn Rand"

Alice O'Connor (born Alisa Zinovyevna Rosenbaum; February 2 [O.S. January 20], 1905 – March 6, 1982), better known by her pen name Ayn Rand (/aɪn/ ), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which she named Objectivism. Born and educated in Russia, she moved to the United States in 1926. After two early novels that were initially unsuccessful and two Broadway plays, Rand achieved fame with her 1943 novel The Fountainhead. In 1957, she published her best-selling work, the novel Atlas Shrugged. Afterward, until her death in 1982, she turned to non-fiction to promote her philosophy, publishing her own periodicals and releasing several collections of essays.

Rand advocated reason and rejected faith and religion. She supported rational and ethical egoism as opposed to altruism and hedonism. In politics, she condemned the initiation of force as immoral and supported laissez-faire capitalism, which she defined as the system based on recognizing individual rights, including private property rights. Although she opposed libertarianism, which she viewed as anarchism, Rand is often associated with the modern libertarian movement in the United States. In art, she promoted romantic realism. She was sharply critical of most philosophers and philosophical traditions known to her, with a few exceptions.