Chain Owner explains differences between Capitalism and Socialism in simple terms
Now he uses the word altruism in his explanations, but his target audience isn't the classically trained in Objectivism, but the Socialist-leaning Millenial. Overall, I think he does a brilliant job of explaining why Capitalism works and Socialism doesn't.
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The audience for his remarks isn't you or I who properly understand the role of government, the failures of the welfare state, or the proper definitions and application of terms. He is speaking to those who have been taught fallacious views and definitions. They believe in a welfare state which coddles them and protects them in their safe spaces from the harsh realities of life. These socialist "think-they-wanna-be's" (made up term) have been given bogus definitions for many important concepts. However, no one can redefine something for someone else - they have to change their minds willingly. That commonly means going down to their level to establish a common ground, then building up from there.
Altruism is self-sacrifice - as in shortcutting his own business; it is not merely satisfying his customers.
But do you remember Hank Rearden saying he could remind that kangaroo court that he, Rearden, has accomplished more good than they could ever hope to accomplish? Remember him going on to say that such courts, and what they represent, do not serve the public good?
Andrew Puzder decided to come right out and say it--to defeat socialism on the very terms upon which the Millennials think it's so great. It's one thing to say, "Your terms don't give you the right to my substance." It's another to say, "Even on your terms, your proposal wouldn't work anyway."
The only improvement I would make in this scenario, is that it is for the seeker of votes, not the defender of his property, to say the things Andrew Puzder decided to say. "How's that working out for you?" is a political argument, not a moral one.
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Yes, due to lib dumbing down and indoctrination, I know the USA may still become Venezuela in the long run.