AYN RAND AND AMERICAN CONSERVATISM IN THE COLD WAR ERA
An American conservative movement developed rapidly after World War II. It brought together intellectuals and politicians opposed to the New Deal in domestic policy and Soviet communism in foreign policy. The movement's first presidential candidate, Barry Goldwater, lost the election of 1964 but its second, Ronald Reagan, won the election of 1980. It has remained an influential force in American life up to the present, despite strong internal contradictions, which include disagreements about centralized power, about religion, about tradition, about elites, and about the free market. To some of the movement's early luminaries, such as Russell Kirk, free-market capitalism was the antithesis of conservatism since it required perpetual innovation and the sweeping away of traditional forms. To others, such as Ayn Rand, capitalism was the heart and soul of conservatism because it alone preserved the dignity and freedom of the individual.