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I am fully aware of the nuance in Randian/libertarian thought regarding the difference between compelled and voluntary action. In an essay, I believe in "The Vi
by jacoblyles 18y ago
I am fully aware of the nuance in Randian/libertarian thought regarding the difference between compelled and voluntary action. In an essay, I believe in "The Virtue of Selfishness", Ayn mocks the "maximin" principle (maximizing the welfare of the least well-off) and somewhat cheekily advocates the "maximax" principle (maximizing the welfare of the most well-off). So, no, I don't think she supports living a life of charity, even if it is voluntary.
I am also aware that societies which protect property rights and refrain from excessive public welfare programs have higher economic growth rates than others. In the long run, economic growth surely benefits the least well-off as well as the most well-off.
However, many people's moral feelings lead them to choose a society with lower economic growth if it would benefit the least well-off in the short term. I can't think of any reason a priori to say that their feelings are wrong.