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The genius of the Founding Fathers was their ability not only to grasp the revolutionary ideas of the period, but to devise a means of implementing those ideas in practice, a means of translating them from the realm of philosophic abstraction into that of sociopolitical reality. By defining in detail the division of powers within the government and the ruling procedures, including the brilliant mechanism of checks and balances, they established a system whose operation and integrity were independent, so far as possible, of the moral character of any of its temporary officials—a system impervious, so far as possible, to subversion by an aspiring dictator or by the public mood of the moment.

The heroism of the Founding Fathers was that they recognized an unprecedented opportunity, the chance to create a country of individual liberty for the first time in history—and that they staked everything on their judgment: the new nation and their own “lives, fortunes, and sacred honor.”

Copyright © 1986 by Harry Binswanger. Introduction copyright © 1986 by Leonard Peikoff. All rights reserved. For information address New American Library.

Acknowledgments

Excerpts from The Ominous Parallels, by Leonard Peikoff. Copyright © 1982 by Leonard Peikoff. Reprinted with permission of Stein and Day Publishers. Excerpts from The Romantic Manifesto, by Ayn Rand. Copyright © 1971, by The Objectivist. Reprinted with permission of Harper & Row, Publishers, Inc. Excerpts from Atlas Shrugged, copyright © 1957 by Ayn Rand, The Fountainhead, copyright © 1943 by Ayn Rand, and For the New Intellectual, copyright © 1961 by Ayn Rand. Reprinted by permission of the Estate of Ayn Rand. Excerpts from Philosophy: Who Needs It, by Ayn Rand. Copyright © 1982 by Leonard Peikoff, Executor, Estate of Ayn Rand. Reprinted by permission of the Estate of Ayn Rand. Excerpts from “The Philosophy of Objectivism” lecture series. Copyright © 1976 by Leonard Peikoff. Reprinted by permission. Excerpts from Alvin Toffler’s interview with Ayn Rand, which first appeared in Playboy magazine. Copyright © 1964. Reprinted by permission of Alvin Toffler. All rights reserved including the right of reproduction in whole or in part in any form. Used by arrangement with Plume, a member of Penguin Group (USA), Inc.