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Why Businessmen Need Philosophy

Why Businessmen Need Philosophy coverMany businessmen view philosophy as irrelevant to their lives. They hold the view that philosophy deals with meaningless abstractions that have nothing to do with practical life.

Why Businessmen Need Philosophy—a collection of essays by Ayn Rand and other Objectivist writers first published in 1999 and updated and expanded in 2011—demonstrates the opposite view: that philosophy has crucial significance to businessmen’s lives.

In the title essay, philosopher Leonard Peikoff explains how the very existence of business depends on a philosophy of egoism, reason, and reality—all of which are under attack in today’s culture. These attacks—most prominently, the attacks on business and businessmen as selfish—are fundamentally responsible for America’s ever-growing welfare and regulatory state, which deprives businessmen of the freedom that they need to survive and flourish.

Why Businessmen Need Philosophy includes two previously un-anthologized, hard-to-find essays by Ayn Rand. One, “The Money-Making Personality,” is a philosophical and psychological analysis of two fundamentally opposite types of businessmen: the “money-maker” and the “money-appropriator.” The other, “An Answer for Businessmen,” is a brief piece telling businessmen how to respond effectively to their intellectual attackers.

Another essay of note is “The Dollar and the Gun”, by Harry Binswanger—on the crucial and often-ignored difference between the economic power possessed by businesses and the political power possessed by the government.

Why Businessmen Need Philosophy is important reading for any businessman who wants to defend his freedom—and anyone else who wants to understand and defend business.

Table of Contents (2011 edition)

(Softcover; 288 pages)

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