That statement is wishful thinking. Instead of starting out with what is (metaphysics), the person starts out with what ought to be (altruism). And then, unlike liberals, he does it again, this time starting out with politics as a floating abstraction, not based on the morality he also created out of thin air (altruism).
He has two very obvious contradictions rather than just one fundamental error (the average liberal intellectual’s refusal to rely on his senses). Your acquaintance does not seem very well versed in matters of politics and philosophy in general, let alone Objectivism. But, that means he has a chance to learn the error in his thinking-the graph Capitalism Forever posted above is not that hard to understand, all one has to do is accept the metaphysical premise of the three axioms. If he does that, he will be unable to rationalize away individualism and egoism, the obvious fact that one’s self can be the only motivation for one’s morality.
The reason why a free society made up of altruists cannot exist is because men are “philosophical” by nature. Freedom is based on individualism, while altruism is based on collectivism, the denial of the individual in favor of the nation, race, species, or fake reality (such as God). An individualist will not act out of a necessity to help the less fortunate, and an altruist won’t defend freedom at the expense of forcing the individualists to help the poor, out of a necessity to preserve individualism, because both those actions are contradictory.
The claim is that the only way to prevent the government from forcing individualists to help the poor is if the individualists do this voluntarily. That means he gave away the moral high ground the creators of wealth rightfully hold. He doesn’t address the fact that we managed to end up with 60% taxes in NYC, following precisely that logic. Altruists did not give up their ambition to create social justice, for the sake of a floating abstraction your acquaintance calls “Capitalism”, that is practical but immoral for those who practice it.
Logically, Objectivism may begin with A=A. Chronologically, Rand was a capitalist first, and worked backwards through ethics to epistemology and metaphysics. The trend is clear if you read her journals.
That’s hard to believe. No one starts with politics, every child knows far more about metaphysics and epistemology long before they hear about politics.