Who are the defenders of capitalism?

There are two thinkers who stand as virtual twin towers in the history of pro-capitalist thought, namely the novelist-philosopher Ayn Rand and economist Ludwig von Mises. The importance of Rand's ideas to the furthering of capitalism cannot be overstated, for she gave capitalism what it has badly needed: a philosophic defense. Rand recognized that the supremacy of reason and the morality of egoism are the indispensable philosophical foundations upon which capitalism is based. In particular, her connection of capitalism to individual rights, and her recognition that individuals have the moral right to live for their own sake makes her philosophy of Objectivism of utmost importance for a thorough and consistent defense of capitalism. The other tower of pro-capitalist thought is the most prominent member of the Austrian school of economics, and the greatest economic thinker of all time, Ludwig von Mises. (The Austrian school has been the leading school of pro-capitalist economic thought s ... more