George Reissman, an advocate of objectivism and laissez-faire, was awarded an honorary doctoral degree in economics by Universidad Francisco Marroquín (UFM), in recognition of his dissemination of capitalism. He shares how his academic growth was aided by extraordinary teachers, such as Ayn Rand and Ludwig von Mises. During his discourse, he reasserts the importance of capitalism to achieve progress in society and explores how the world would be without it, relating the efforts of powerful men in history, and arguing that the profit motive has driven competition and provided development along with improvement in technology and the standard of living. Reisman concludes by claiming that education is the proper means to change paradigms, praising UFM for its efforts on such matter.