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objectivism  

Definition

  • Objectivism is the term that Ayn Rand coined to describe her system of ideas. The central themes of Objectivism are that individuals should regard their own happiness as an end in itself; that reason is their only source of knowledge and moral guidance; that people should deal with each other on the basis of mutually beneficial trade, rather than sacrifice; and that the ideal political and legal system is laissez-faire capitalism, in which a strictly limited government protects individuals' rights to life, liberty, and property. [Source: The Encyclopedia of Libertarianism; Objectivism]

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https://concepts.sagepub.com/social-science/concept/objectivism

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