In her essay “Racism,” Ayn Rand argues that racism — which she describes as “the lowest, most crudely primitive form of collectivism” — is incompatible with capitalism and can only be defeated through capitalism. She defines capitalism as “a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” She explains that a defense of private property and laissez-faire capitalism is the only way to defeat racism:

Many claim the problem with fractional reserve banking is that it loans money into existence. It does, but under normal circumstances the money created by commercial banks disappears when loans are repaid or defaulted on, which therefore doesn’t create a permanent inflation of the money supply. Government intervention, however, converts temporary money into permanent money through bailouts like the Troubled Asset Relief Program. They purchase loans that would have been defaulted on, preventing the evaporation of credit.