"Dictatorship feeds on the ideological chaos of bewildered, demoralized, cynically flexible, unresisting men. But capitalism requires an uncompromising stand. (Destruction can be done blindly, at random; but construction requires strict adherence to specific principles.) The welfare-statists hope to eliminate capitalism by smear and silence -- and to "avoid" dictatorship by "voluntary" compliance, by a policy of bargaining and compromise with the government's growing power. ...
There can be no compromise on basic principles. There can be no compromise on moral issues. There can be no compromise on matters of knowledge, of truth, of rational conviction.
If an uncompromising stand is to be smeared as "extremism," then that smear is directed at any devotion to values, any loyalty to principles, any profound conviction, any consistency, any steadfastness, any passion, any dedication to an unbreached, inviolable truth -- any man of integrity. ...
The best proof of an intellectual movement's collapse is the day when it has nothing to offer as an ultimate ideal but a plea for "moderation." Such is the final proof of collectivism's bankruptcy. The vision, the courage, the dedication, the moral fire are now on the barely awakening side of the crusaders for capitalism."
-- Ayn Rand, "'Extremism,' or The Art of Smearing," 1964, reprinted in Capitalism: The Unknown Ideal, 1967.
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