Mises Wire

Rand and Marx

Rand and Marx

I wrote an Objectivist friend the other day, "No matter what your stance on IP, surely you must wince to read Rand write: "patents are the heart and core of property rights." I mean... COME ON!"

Her reply: "Rand's view is a variation of the Communist view that a worker owns what he worked on for having had some kind of productive contact with it."

I had never thought of it this way; but he has a point. This helps explain why Rand focused on the necessity of IP as a way of ensuring that the innovator profits from his intellectual creativity. (I critique Rand's IP views in Against Intellectual Property; see text at notes 45 and 51 for the quoted line above and a related quote.)

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute