Here are some important elements and history of Rand's concept of objectivity in her philosophy:
Objectivity
Rand’s most elementary sense of the concept objective is the sense of ordinary parlance. This is the sense she talks of when explaining why she has chosen Objectivism as the name of her philosophy. She credits Aristotle as the first to correctly define “the basic principle of a rational view of existence and of man’s consciousness: that there is only one reality, the one man perceives—that it exists as an objective absolute (which means: independently of the consciousness, the wishes, or the feelings of any perceiver)” [FNI 22].
In 1965 Rand published two refinements of her concept of objectivity. Early in the year, she distinguished a metaphysical from an epistemological aspect of objectivity [FAE 18]. Later that year, Rand refined her concept of objectivity further. She introduced her distinction of the intrinsic, the subjective, and the objective. This was in application to her theory of the good and its relationship to other theories of the good [WC 21–26].
By the following year, it was clear that Rand envisioned a broadened role for the intrinsicist-subjectivist-objectivist way of locating her philosophic theories in relation to others. She applied the tripartition to the theory of concepts and universals. Concepts, for Rand, can be objective and should be objective. Such concepts are “produced by man’s consciousness in accordance with the facts of reality, as mental integrations of factual data computed by man—as products of a cognitive method of classification whose processes must be formed by man, but whose content is dictated by reality” [IOE 54]. Rand’s conception of concepts (and definitions and essence and . . .) and her conception of the good can be rightly characterized as (i) objective with Rand’s metaphysical-epistemological faces of the objective relation and, at the same time, as (ii) objective within Rand’s intrinsicist-subjectivist-objectivist tripartition.
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