Book Review

Poiesis & Praxis

, Volume 8, Issue 4, pp 197-201

First online:

Open Access This content is freely available online to anyone, anywhere at any time.

Debi Ghate and Richard E. Ralston: Why businessmen need philosophy: the capitalist’s guide to the ideas behind Ayn Rand’s Atlas Shrugged

New American Library (Penguin Group), New York, 2011, 316 pp, ISBN: 978-0-451-23269-4


The essays in this book are meant to serve as an introduction to those ideas of Ayn Rand, which are of particular relevance to business people. Rand was known as a spirited defender of the laissez-faire free enterprise system. It is less commonly known that Rand was also deeply committed to the centrality of the enterprise of philosophy for both public and private life. The essays in this book try to bridge the gap between these two aspects of Rand’s thought. The results of the review of the book are mostly positive. The review attempts to separate the different themes in the book such as the importance of philosophy in general, the importance of philosophy for business, the philosophical defense of the free enterprise system and then to evaluate the evidence and arguments presented by the essayists for each claim.