Topic: Media Regulation, Objectivism, and Free Market Capitalism

(1) Read and/or listen to the following speech.

Philosophy: Who Needs It?
(Speech by Ayn Rand to graduating class, West Point, 1974)

Audio: http://aynrandlexicon.com/ayn-rand-works/pwni.html (Links to an external site.)

Print: http://fare.tunes.org/liberty/library/pwni.html (Links to an external site.)

(2) Read “Check Your Premises: the Property Status of Airwaves”

http://www.criminalgovernment.com/docs/aynrand.html (Links to an external site.)

(3) Write an abstract for each of the above. An abstract is a clear and concise one or two paragraph summary that identifies the key aspects of the speech or article.

(4) Finally write an essay (800 word minimum) in which you describe the changes that would need to be made by the Federal Communication Commission (and/or Congress) to conform to Ayn Rand’s ideas. Include what you think the likely outcomes of these changes would be for TV, cable, satellite TV, telephone companies, Internet providers, and the