Speaking morally (which is what this is typically about), the Objectivist position is that people are neither inherently good nor inherently bad because we have the power of volition.
Volition is what gives rise to the need for morality and moral judgment in the first place -- we have the capacity to choose to do what we should, or not, and that is precisely why man is a "being of self-made soul". We don't start out good or bad; in cultivating our moral characters, we make ourselves good or bad.
answered Nov 25 '13 at 19:22
Greg Perkins ♦♦