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Capitalism is the social system based upon the principal of individual rights.

 Capitalism > Frequently Asked Questions > Progress

Capitalism is the social system of progress and prosperity

Isn't capitalism opposed to progress?

Capitalism is the only "progressive" system, in the proper meaning of the term. The historical evidence to support this thesis is irrefutable. Capitalism is the only system that led to the freedom of slaves, the end of feudalism, the equal rights of all individuals, regardless of race, color, sex, etc.

Capitalism is the system of laissez faire -- the system of freedom -- the system that frees man's mind by allowing him to act by it -- the source of all progress.




Suggested Reading: 

What is Capitalism? by Ayn Rand, in Chapter 1 of Capitalism: The Unknown Ideal.






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