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  • Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable effects on the productive capacities of society, but which is of no direct benefit to anyone - not even to the greedy themselves, whose illusory chase after a will-o-the-wisp leaves them morally bankrupt and unhappy.

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Adam Smith saw the greed of modern capitalism for what it was - a form of destructive ambition that may have favorable effects on the productive capacities of society, but which is of no direct benefit to anyone - not even to the greedy themselves, whose illusory chase after a will-o-the-wisp leaves them morally bankrupt and unhappy.

Hitler appeared, a man with limited intellectual abilities and unfit for any useful work, bursting with envy and bitterness against all whom circumstance and nature had favored over him....In his desperate ambition for power he discovered that his speeches, confused and pervaded with hate as they were, received wild acclaim by those whose situation and orientation resembled his own. He picked up this human flotsam on the streets and in the taverns and organized them around himself. This is the way he launched his political career.

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