Fore more urdu books visit www.4Urdu.com

More oxford books @ www.OxfordeBook.comFore more urdu books visit www.4Urdu.com208WHO IS JOHN GALT? 1957–1968the political realities unfolding on the ground. The violence and unrestof 1964, including the Watts riot, stoked racial anxieties. Goldwater hadstaked out his territory as an opponent of the Democratic approach tocivil rights; whether he liked it or not, he was becoming a central figurein the political clash over integration and desegregation, and theseissues, far more than capitalism, underlay his political fortunes.An eager booster of Goldwater up to his triumphant nomination atSan Francisco’s Cow Palace, Rand became disillusioned as he movedinto the general election. It was the same mistake Willkie had made.Goldwater began to retreat from his pro-capitalist stance, repackaginghimself as a moderate who could appeal to a broad swath of voters.Afterward Rand dissected his campaign angrily: “There was no discussionof capitalism. There was no discussion of statism. There was no discussionof the blatantly vulnerable record of the government’s policiesin the last thirty years. There was no discussion. There were no issues.”A month before the election Rand warned her readers that Goldwaterwas moving toward defeat, and she urged them to prepare for the “bitterdisappointment.” Perhaps hoping to reverse the tide, as the campaigndrew to a close Rand sent him a speech to be used without attribution. 46Her speech, like her letter to Goldwater, recast conservatism along purelyeconomic lines, celebrating the power of the free market. The campaign,by now past the point of rescue, ignored her contribution.In truth Goldwater faced a nearly impossible task. He was runningagainst the master politician Lyndon Baines Johnson, who pulled themantle of the deceased John F. Kennedy close around his shoulders. AndGoldwater’s irreverent, shoot-from-the hip, folksy style, so attractive tostraight-talking libertarians, was a huge liability. Caricatured as a racistfanatic who would drag the United States into nuclear war, Goldwaterlost by a landslide in the general election. Besides Arizona the only stateshe won were in the Deep South, filled with the very southern DemocratsRand cited to disprove his racism. Yet Goldwater’s decisive defeat heldwithin it the seeds of political transformation, for his positions hadmade the Republican Party nationally competitive in the South for thefirst time since the Civil War. It was an augury of the first national politicalrealignment since FDR’s New Deal. 47“It’s earlier than we think,” Rand told the New York Times the dayafter Goldwater’s loss. Advocates of capitalism had to “start from