The term "luxury good" implies scarcity and high unit value. Having a high unit value, such a good is easily portable; for instance, an ounce of gold is worth a half-ton of pig iron....

Under the gold standard, a free banking system stands as the protector of an economy"s stability and balanced growth.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold....

The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists" tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists" antagonism toward the gold standard.



[Alan Greenspan, "Gold and Economic Freedom," CUI, 96.]

See also DEFICIT FINANCING; FREEDOM; INFLATION; MONEY; PROPERTY RIGHTS; SAVINGS; WELFARE STATE.

Good, the. All that which is proper to the life of a rational being is the good; all that which destroys it is the evil.

[GS, FNI, 149; pb 122.]

For centuries, the battle of morality was fought between those who claimed that your life belongs to G.o.d and those who claimed that it belongs to your neighbors-between those who preached that the good is self-sacrifice for the sake of ghosts in heaven and those who preached that the good is self-sacrifice for the sake of incompetents on earth. And no one came to say that your life belongs to you and that the good is to live it.

[Ibid.. 145; pb 120.]

There are, in essence, three schools of thought on the nature of the good: the intrinsic, the subjective, and the objective. The intrinsic theory holds that the good is inherent in certain things or actions as such, regardless of their context and consequences, regardless of any benefit or injury they may cause to the actors and subjects involved. It is a theory that divorces the concept of "good" from beneficiaries, and the concept of "value" from valuer and purpose-claiming that the good is good in, by, and of itself.

The subjectivist theory holds that the good bears no relation to the facts of reality, that it is the product of a man"s consciousness, created by his feelings, desires, "intuitions," or whims, and that it is merely an "arbitrary postulate" or an "emotional commitment."

The intrinsic theory holds that the good resides in some sort of reality, independent of man"s consciousness; the subjectivist theory holds that the good resides in man"s consciousness, independent of reality.

The objective theory holds that the good is neither an attribute of "things in themselves" nor of man"s emotional states, but an evaluation of the facts of reality by man"s consciousness according to a rational standard of value. (Rational, in this context, means: derived from the facts of reality and validated by a process of reason.) The objective theory holds that the good is an aspect of reality in relation to man-and that it must be discovered, not invented, by man. Fundamental to an objective theory of values is the question: Of value to whom and for what? An objective theory does not permit context-dropping or "concept-stealing"; it does not permit the separation of "value" from "purpose," of the good from beneficiaries, and of man"s actions from reason.

["What Is Capitalism?" CUI, 21.]

See also EVIL; INTRINSIC THEORY of ETHICS; LIFE; MORALITY; MYSTICAL ETHICS; SOCIAL THEORY of ETHICS; STANDARD of VALUE; SUBJECTIVISM.

Government. A government is an inst.i.tution that holds the exclusive power to enforce certain rules of social conduct in a given geographical area.

["The Nature of Government," VOS, 144; pb 107.]

If physical force is to be barred from social relationships, men need an inst.i.tution charged with the task of protecting their rights under an objective code of rules.

This is the task of a government-of a proper government-its basic task, its only moral justification and the reason why men do need a government.

A government is the means of placing the retaliatory use of physical force under objertive control-i.e.. under objectively defined laws.

[Ibid., 147; pb 109.]

The only proper purpose of a government is to protect man"s rights, which means: to protect him from physical violence. A proper government is only a policeman, acting as an agent of man"s self-defense, and, as such, may resort to force only against those who start the use of force. The only proper functions of a government are: the police, to protect you from criminals; the army, to protect you from foreign invaders; and the courts, to protect your property and contracts from breach or fraud by others, to settle disputes by rational rules, according to objective law. But a government that initiates the employment of force against men who had forced no one, the employment of armed compulsion against disarmed victims, is a nightmare infernal machine designed to annihilate morality: such a government reverses its only moral purpose and switches from the role of protector to the role of man"s deadliest enemy, from the role of policeman to the role of a criminal vested with the right to the wielding of violence against victims deprived of the right of self-defense. Such a government subst.i.tutes for morality the following rule of social conduct: you may do whatever you please to your neighbor, provided your gang is bigger than his.

[GS, FNI, 231; pb 183.]

The source of the government"s authority is "the consent of the governed." This means that the government is not the ruler, but the servant or agent of the citizens; it means that the government as such has no rights except the rights delegated to it by the citizens for a specific purpose.

["The Nature of Government," VOS, 149; pb 110.]

The difference between political power and any other kind of social "power," between a government and any private organization, is the fact that a government holds a legal monopoly on the use of physical force. This distinction is so important and so seldom recognized today that I must urge you to keep it in mind. Let me repeat it: a government holds a legal monopoly on the use of physical force.

No individual or private group or private organization has the legal power to initiate the use of physical force against other individuals or groups and to compel them to act against their own voluntary choice. Only a government holds that power. The nature of governmental action is: coercive action. The nature of political power is: the power to force obedience under threat of physical injury-the threat of property expropriation, imprisonment, or death.

["America"s Persecuted Minority: Big Business," CUI, 46.]

The fundamental difference between private action and governmental action-a difference thoroughly ignored and evaded today-lies in the fact that a government holds a monopoly on the legal use of physical force. It has to hold such a monopoly, since it is the agent of restraining and combating the use of force; and for that very same reason, its actions have to be rigidly defined, delimited and circ.u.mscribed; no touch of whim or caprice should be permitted in its performance; it should be an impersonal robot, with the laws as its only motive power. If a society is to be free, its government has to be controlled.

Under a proper social system, a private individual is legally free to take any action he pleases (so long as he does not violate the rights of others), while a government official is bound by law in his every official act. A private individual may do anything except that which is legally forbidden; a government official may do nothing except that which is legally permitted.

This is the means of subordinating "might" to "right." This is the American concept of "a government of laws and not of men."

["The Nature of Government," VOS, 148; pb 109.]

See also ANARCHISM; CAPITALISM; CUNSt.i.tUTION; DICTATORSHIP; ECONOMIC POWER vs. POLITICAL POWER; FREEDOM; INDIVIDUAL RIGHTS; LAW, OBJECTIVE and NON-OBJECTIVE; PACIFISM; PHYSICAL FORCE; PROPERTY RIGHTS; RETALIATORY FORCE; SELF-DEFENSE; STATISM; WAR.

Government Grants and Scholarships. The fundamental evil of government grants is the fact that men are forced to pay for the support of ideas diametrically opposed to their own. This is a profound violation of an individual"s integrity and conscience. It is viciously wrong to take the money of rational men for the support of B.F. Skinner-or vice versa. The Const.i.tution forbids a governmental establishment of religion, properly regarding it as a violation of individual rights. Since a man"s beliefs are protected from the intrusion of force, the same principle should protect his reasoned convictions and forbid governmental establishments in the field of thought.

["The Establishing of an Establishment," PWNI, 204; pb 168.]

How would Washington bureaucrats-or Congressmen, for that matter-know which scientist to encourage, particularly in so controversial a field as social science? The safest method is to choose men who have achieved some sort of reputation. Whether their reputation is deserved or not, whether their achievements are valid or not, whether they rose by merit, pull, publicity or accident, are questions which the awarders do not and cannot consider. When personal judgment is inoperative (or forbidden), men"s first concern is not how to choose, but how to justify their choice. This will necessarily prompt committee members, bureaucrats and politicians to gravitate toward "prestigious names." The result is to help establish those already established-i.e., to entrench the status quo.

The worst part of it is the fact that this method of selection is not confined to the cowardly or the corrupt, that the honest official is obliged to use it. The method is forced on him by the terms of the situation. To pa.s.s an informed, independent judgment on the value of every applicant or project in every field of science, an official would have to be a universal scholar. If he consults "experts" in the field, the dilemma remains: either he has to be a scholar who knows which experts to consult-or he has to surrender his judgment to men trained by the very professors he is supposed to judge. The awarding of grants to famous "leaders," therefore, appears to him as the only fair policy-on the premise that "somebody made them famous, somebody knows, even if I don"t."

(If the officials attempted to by-pa.s.s the "leaders" and give grants to promising beginners, the injustice and irrationality of the situation would be so much worse that most of them have the good sense not to attempt it. If universal scholarship is required to judge the value of the actual in every field, nothing short of omniscience would be required to judge the value of the potentiat-as various privately sponsored contests to discover future talent, even in limited fields, have amply demonstrated.) Furthermore, the terms of the situation actually forbid an honest official to use his own judgment. He is supposed to be "impartial" and "fair"-white considering awards in the social sciences. An official who does not have some knowledge and some convictions in this field, has no moral right to be a public official. Yet the kind of "fairness" demanded of him means that he must suspend, ignore or evade his own convictions (these would be challenged as "prejudices" or "censorship") and proceed to dispose of large sums of public money, with incalculable consequences for the future of the country-without judging the nature of the recipients" ideas, i.e., without using any judgment whatever.

The awarders may hide behind the notion that, in choosing recognized "leaders," they are acting "democratically" and rewarding men chosen by the public. But there is no "democracy" in this field. Science and the mind do not work by vote or by consensus. The best-known is not necessarily the best (nor is the least-known, for that matter). Since no rational standards are applicable, the awarders" method leads to concern with personalities, not ideas; pull, not merit; "prestige," not truth. The result is: rule by press agents.

[Ibid., 202; pb 166.]

Many students of Objectivism ate troubled by a certain kind of moral dilemma confronting them in today"s society. We are frequently asked the questions: "Is it morally proper to accept scholarships, private or public?" and: "Is it morally proper for an advocate of capitalism to accept a government research grant or a government job?"

I shall hasten to answer: "Yes"-then proceed to explain and qualify it. There are many confusions on these issues, created by the influence and implications of the altruist morality.

There is nothing wrong in accepting private scholarships. The fact that a man has no claim on others (i.e., that it is not their moral duty to help him and that he cannot demand their help as his right) does not preclude or prohibit good will among men and does not make it immoral to offer or to accept voluntary, non-sacrificial a.s.sistance.

A different principle and different considerations are involved in the case of public (i.e., governmental) scholarships. The right to accept them rests on the right of the victims to the property (or some part of it) which was taken from them by force.

The recipient of a public scholarship is morally justified only so long as he regards it as rest.i.tution and opposes all forms of welfare statism. Those who advocate public scholarships, have no right to them; those who oppose them, have. If this sounds like a paradox, the fault lies in the moral contradictions of welfare statism, not in its victims.

Since there is no such thing as the right of some men to vote away the rights of others, and no such thing as the right of the government to seize the property of some men for the unearned benefit of others-the advocates and supporters of the welfare state are morally guilty of robbing their opponents, and the fact that the robbery is legalized makes it morally worse, not better. The victims do not have to add self-inflicted martyrdom to the injury done to them by others; they do not have to let the looters profit doubly, by letting them distribute the money exclusively to the parasites who clamored for it. Whenever the welfare-state laws offer them some small rest.i.tution, the victims should take it....

The same moral principles and considerations apply to the issue of accepting social security, unemployment insurance or other payments of that kind. It is obvious, in such cases, that a man receives his own money which was taken from him by force, directly and specifically, without his consent, against his own choice. Those who advocated such laws are morally guilty, since they a.s.sumed the "right" to force employers and unwilling co-workers. But the victims, who opposed such laws, have a clear right to any refund of their own money-and they would not advance the cause of freedom if they left their money, unclaimed, for the benefit of the welfare-state administration.

The same moral principles and considerations apply to the issue of government research grants.

The growth of the welfare state is approaching the stage where virtually the only money available for scientific research will be government money. (The disastrous effects of this situation and the disgraceful state of government-sponsored science are apparent already, but that is a different subject. We are concerned here only with the moral dilemma of scientists.) Taxation is destroying private resources, while government money is flooding and taking over the field of research.

In these conditions, a scientist is morally justified in accepting government grants_so long as he opposes forms of welfare statism.As in case of scholarship-recipients, a scientist does not have to add self-martyrdom to the injustices he suffers.

["The Question of Scholarships," TO, June 1966, II.]

See also ALTRUISM; CENSORSHIP; CHARITY; FREE SPEECH; WEL-PARE STATE.

Grammar. Grammar is a science dealing with the formulation of the proper methods of verbal expression and communication, i.e., the methods of organizing words (concepts) into sentences. Grammar pertains to the actions of consciousness, and involves a number of special concepts-such as conjunctions, which are concepts denoting relationships among thoughts ("and," "but," "or," etc.). These concepts are formed by retaining the distinguishing characteristics of the relationship and omitting the particular thoughts involved. [ITOE, 48.]

[ITOE, 48.].

Adverbs are concepts of the characteristics of motion (or action); they are formed by specifying a characteristic and omitting the measurements of the motion and of the ent.i.ties invoked-e.g., "rapidly," which may be applied to "walking" or "swimming" or "speaking," etc., with the measurement of what is "rapid" left open and depending, in any given case, on the type of motion involved.

Prepositions are concepts of relationships, predominantly of spatial or temporal relationships, among existents; they are formed by specifying the relationship and omitting the measurements of the existents and of the s.p.a.ce or time involved-e.g., "on," "in," "above," "after," etc.

Adjectives are concepts of attributes or of characteristics. p.r.o.nouns belong to the category of concepts of ent.i.ties. Conjunctions. are concepts of relationships among thoughts, and belong to the category of concepts of consciousness.

[Ibid.,20.J The purpose of conjunctions is verbal economy: they serve to integrate and/or condense the content of certain thoughts.

For instance, the word "and" serves to integrate a number of facts into one thought. If one says: "Smith, Jones and Brown are walking," the "and" indicates that the observation "are walking" applies to the three individuals named. Is there an object in reality corresponding to the word "and"? No. Is there a fact in reality corresponding to the word "and"? Yes. The fact is that three men are walking-and that the word "and" integrates into one thought a fact which otherwise would have to be expressed by: "Smith is walking. Jones is walking. Brown is walking."

The word "but" serves to indicate an exception to or a contradiction of the possible implications of a given thought. If one says: "She is beautiful, but dumb," the "but" serves to condense the following thoughts: "This girl is beautiful. Beauty is a positive attribute, a value. Before you conclude that this girl is valuable, you must consider also her negative attribute: she is dumb." If one says: "I work every day, but not on Sunday," the "but" indicates an exception and condenses the following: "I work on Monday. I work on Tuesday. (And so on, four more times.) My activity on Sunday is different: I do not work on Sunday."

(These examples are for the benefit of those victims of modern philosophy who are taught by Linguistic a.n.a.lysis that there is no way to derive conjunctions from experience, i.e., from the facts of reality.) [Ibid., 48.]

See also COMMUNICATION; CONCEPTS; LANGUAGE; LINGUISTIC a.n.a.lYSIS; PROPOSITIONS; WORDS.

Greece. See Ancient Greece.

Guild Socialism. The particulai form of economic organization, which is becoming more and more apparent in this country, as an outgrowth of the power of pressure groups, is one of the worst variants of statism: guild socialism. Guild socialism robs the talented young of their future-by freezing men into professional castes under rigid rules. It represents an open embodiment of the basic motive of most statists, though they usually prefer not to confess it: the entrenchment and protection of mediocrity from abler compet.i.tors, the shackling of the men of superior ability down to the mean average of their professions. That theory is not too popular among socialists (though it has its advocates) -but the most famous instance of its large-scale practice was Fascist Italy.

In the 1930"s, a few perceptive men said that Roosevelt"s New Deal was a form of guild socialism and that it was closer to Mussolini"s system than to any other. They were ignored. Today, the evidence is unmistakable.

It was also said that if fascism ever came to the United States, it would come disguised as socialism.

["The New Fascism: Rule by Consensus," CUI, 218.]

The [student] rebels" notion that universities should be run by students and faculties was an open, explicit a.s.sault on the right attacked implicitly by all their other notions: the right of private property. And of all the various statist-collectivist systems, the one they chose as their goal is, politico-economically, the least practical; intellectually, the least defensible; morally, the most shameful: guild socialism.

Guild socialism is a system that abolishes the exercise of individual ability by chaining men into groups according to their line of work, and delivering the work into the group"s power, as its exclusive domain, with the group dictating the rules, standards, and practices of how the work is to be done and who shall or shall not do it.

Guild socialism is the concrete-bound, routine-bound mentality of a savage, elevated into a social theory. Just as a tribe of savages seizes a piece of jungle territory and claims it as a monopoly by reason of the fact of being there-so guild socialism grants a monopoly, not on a jungle forest or waterhole, but on a factory or a university-not by reason of a man"s ability, achievement, or even "public service," but by reason of the fact that he is there.

Just as savages have no concept of causes or consequences, of past or future, and no concept of efficacy beyond the muscular power of their tribe-so guild socialists, finding themselves in the midst of an industrial civilization, regard its inst.i.tutions as phenomena of nature and see no reason why the gang should not seize them.

If there is any one proof of a man"s incompetence, it is the stagnant mentality of a worker (or of a professor) who, doing some small, routine job in a vast undertaking, does not care to look beyond the lever of a machine (or the lectern of a cla.s.sroom), does not choose to know how the machine (or the cla.s.sroom) got there or what makes his job possible, and proclaims that the management of the undertaking is parasitical and unnecessary. Managerial work-the organization and integration of human effort into purposeful, large-scale, long-range activities-is. in the realm of action, what man"s conceptual faculty is in the realm of cognition. It is beyond the grasp and, therefore, is the first target of the self-arrested, sensory-perceptual mentality.

If there is any one way to confess one"s own mediocrity, it is the willingness to place one"s work in the absolute power of a group, particularly a group of one"s professional colleagues. Of any forms of tyranny, this is the worst; it is directed against a single human attribute: the mind -and against a single enemy: the innovator. The innovator, by definition, is the man who challenges the established practices of his profession. To grant a professional monopoly to any group, is to sacrifice human ability and abolish progress; to advocate such a monopoly, is to confess that one has nothing to sacrifice.

Guild socialism is the rule of, by, and for mediocrity. Its cause is a society"s intellectual collapse; its consequence is a quagmire of stagnation ; its historical example is the guild system of the Middle Ages (or, in modern times, the fascist system of Italy under Mussolini).

["The Cashing-in: The Student "Rebellion," " CUI, 261.]

What makes guild socialism cruder than (but not different from) most statist-collectivist theories is the fact that it represents the other, the usually unmentioned, side of altruism: it is the voice, not of the givers, but of the receivers. While most altruistic theorists proclaim "the common good" as their justification, advocate self-sacrificial service to the "community." and keep silent about the exact nature or ident.i.ty of the recipients of sacrifices-guild socialists brazenly declare themselves to he the recipients and present their claims to the community, demanding its services. If they want a monopoly on a given profession, they claim, the rest of the community must give up the right to practice it. If they want a university. they claim, the community must provide it.

[Ibid., 263.]

See also ALTRUISM; COLLECTIVISM; FASCISMIn.a.z.iSM; MEDIOCRITY; NEW LEFT; SOCIALISM; STATISM.

H.

Happiness. Happiness is the successful state of life, pain is an agent of death. Happiness is that state of consciousness which proceeds from the achievement of one"s values. A morality that dares to tell you to find happiness in the renunciation of your happiness-to value the failure of your values-is an insolent negation of morality. A doctrine that gives you, as an ideal, the role of a sacrificial animal seeking slaughter on the altars of others, is giving you death as your standard. By the grace of reality and the nature of life, man-every man-is an end in himself, he exists for his own sake, and the achievement of his own happiness is his highest moral purpose.

But neither life nor happiness can be achieved by the pursuit of irrational whims. Just as man is free to attempt to survive in any random manner, but will perish unless he lives as his nature requires, so he is free to seek his happiness in any mindless fraud, but the torture of frustration is all he will find, unless he seeks the happiness proper to man. The purpose of morality is to teach you, not to suffer and die, but to enjoy yourself and live.

[GS, FNI, 150; pb 123.]

Happiness is not to be achieved at the command of emotional whims. Happiness is not the satisfaction of whatever irrational wishes you might blindly attempt to indulge. Happiness is a state of non-contradictory joy -a joy without penalty or guilt, a joy that does not clash with any of your values and does not work for your own destruction, not the joy of escaping from your mind, but of using your mind"s fullest power, not the joy of faking reality, but of achieving values that are real, not the joy of a drunkard, but of a producer. Happiness is possible only to a rational man, the man who desires nothing but rational goals, seeks nothing but rational values and finds his joy in nothing but rational actions.

Just as I support my life, neither by robbery nor alms, but by my own effort, so I do not seek to derive my happiness from the injury or the favor of others, but earn it by my own achievement. Just as I do not consider the pleasure of others as the goal of my life, so I do not consider my pleasure as the goal of the lives of others. Just as there are no contradictions in my values and no conflicts among my desires-so there are no victims and no conflicts of interest among rational men, men who do not desire the unearned and do not view one another with a cannibal"s l.u.s.t, men who neither make sacrifices nor accept them.

[Ibid., 162; pb 132.]

In psychological terms, the issue of man"s survival does not confront his consciousness as an issue of "life or death," but as an issue of "happiness or suffering." Happiness is the successful state of life, suffering is the warning signal of failure, of death. Just as the pleasure-pain mechanism of man"s body is an automatic indicator of his body"s welfare or injury, a barometer of its basic alternative, life or death-so the emotional mechanism of man"s consciousness is geared to perform the same function, as a barometer that registers the same alternative by means of two basic emotions: joy or suffering. Emotions are the automatic results of man"s value judgments integrated by his subconscious; emotions are estimates of that which furthers man"s values or threatens them, that which is for him or against him-Hghtning calculators giving him the sum of his profit or loss.

But while the standard of value operating the physical pleasure-pain mechanism of man"s body is automatic and innate, determined by the nature of his body-the standard of value operating his emotional mechanism, is not. Since man has no automatic knowledge, he can have no automatic values; since he has no innate ideas, he can have no innate value judgments.

["The Objectivist Ethics," VOS. 23; pb 27.]

Happiness is that state of consciousness which proceeds from the achievement of one"s values. If a man values productive work, his happiness is the measure of his success in the service of his life. But if a man values destruction, like a s.a.d.i.s.t-or self-torture, like a m.a.s.o.c.h.i.s.t-or life beyond the grave, like a mystic-or mindless "kicks," like the driver of a hotrod car-his alleged happiness is the measure of his success in the service of his own destruction. It must be added that the emotional state of all those irrationalists cannot be properly designated as happiness or even as pleasure: it is merely a moment"s relief from their chronic state of terror.

Neither life nor happiness can be achieved by the pursuit of irrational whims. Just as man is free to attempt to survive by any random means, as a parasite, a moocher or a looter, but not free to succeed at it beyond the range of the moment-so he is free to seek his happiness in any irrational fraud, any whim, any delusion, any mindless escape from reality, but not free to succeed at it beyond the range of the moment nor to escape the consequences.

[Ibid., 24; pb 28.]

The maintenance of life and the pursuit of happiness are not two separate issues. To hold one"s own life as one"s ultimate value, and one"s own happiness as one"s highest purpose are two aspects of the same achievement. Existentially, the activity of pursuing rational goals is the activity of maintaining one"s life; psychologically, its result, reward and concomitant is an emotional state of happiness. It is by experiencing happiness that one lives one"s life, in any hour, year or the whole of it. And when one experiences the kind of pure happiness that is an end in itself-the kind that makes one think: "This is worth living for"-what one is greeting and affirming in emotional terms is the metaphysical fact that life is an end in itself.

But the relationship of cause to effect cannot be reversed. It is only by accepting "man"s life" as one"s primary and by pursuing the rational values it requires that one can achieve happiness-not by taking "happiness" as some undefined, irreducible primary and then attempting to live by its guidance. If you achieve that which is the good by a rational standard of value, it will necessarily make you happy; but that which makes you happy, by some undefined emotional standard, is not necessarily the good. To take "whatever makes one happy" as a guide to action means: to be guided by nothing but one"s emotional whims. Emotions are not tools of cognition; to be guided by whims-by desires whose source, nature and meaning one does not know-is to turn oneself into a blind robot, operated by unknowable demons (by one"s stale evasions), a robot knocking its stagnant brains out against the walls of reality which it refuses to see.

[Ibid., 25; pb 29.]

See also BENEVOLENT UNIVERSE PREMISE; EMOTIONS; HEDONISM; LIFE; PLEASURE AND PAIN; SUFFERING; ULTIMATE VALUE; VALUES; WHIMSIWHIM-WORSHIP.

Hatred of the Good for Being the Good. See EnvylHatred of the Good for Being the Good..

Hedonism. I am profoundly opposed to the philosophy of hedonism. Hedonism is the doctrine which holds that the good is whatever gives you pleasure and, therefore, pleasure is the standard of morality. Objectivism holds that the good must be defined by a rational standard of value, that,pleasure is not a first cause, but only a consequence, that only the pleasure which proceeds from a rational value judgment can be regarded as moral, that pleasure, as such, is not a guide to action nor a standard of morality. To say that pleasure should be the standard of morality simply means that whichever values you happen to have chosen, consciously or subconsciously, rationally or irrationally, are right and moral. This means that you are to be guided by chance feelings, emotions and whims, not by your mind. My philosophy is the opposite of hedonism. I hold that one cannot achieve happiness by random, arbitrary or subjective means. One can achieve happiness only on the basis of rational values. By rational values, I do not mean anything that a man may arbitrarily or blindly declare to be rational. It is the province of morality, of the science of ethics, to define for men what is a national standard and what are the rational values to pursue.

["Playboy"s, Interview with Ayn Rand." pamphlet. 8.]

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