A Note to Readers: I’ve made the decision to make my latest post into a multi-part series exploring both my understanding of Ayn Rand’s philosophy of Objectivism and why I struggle with publicly calling myself an Objectivist—primarily because of Dr. Yaron Brook and the Ayn Rand Institute distorting important aspects of her philosophy. This is part five of a five-part series. Read parts one, two, three, and four.
What happens, then, in a laissez-faire system, with no taxes and no cushion for disaster, if disaster strikes? I spend a lot of time talking, sometimes debating, with a good friend who is not an Objectivist and has very strong, left-leaning humanist qualities. We’ve discussed, more than once, how the Objectivist Utopia would function with no welfare state. Would the downtrodden be left to fester and rot because they’re too inept to pull themselves up by their own bootstraps?
My answer is most often, “Private charity.” This ranges from family or other loved ones caring for a person who can’t care for himself (since it would be impossible for him to become a burden to the state), all the way up to huge organizations like the Bill & Melinda Gates Foundation or the International Red Cross, well-funded and constantly fighting global battles.