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GoaBookExtract: Dinesh D'Souza, on perspectives on capitalism, selfishness and greed...
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Frederick Noronha
Oct 11, 2010, 6:41:33 PM10/11/10
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THE FIRST and most familiar charge against capitalism is that it is a system based on selfishness and greed. Left-wing critics such as Karl Marx and more traditional sources such as the New Testament seem to agree on the depraved inclinations of rich and successful people.
Adam Smith, the high priest of capitalism whose *Wealth of Nations* first articulated the case for free markets in 1776, resoundingly affirms this indictment: "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities but of their advantages."
-- Dinesh D'Souza, in *The Virtue of Prosperity: Finding Values in an Age of Techno-Afflulence* (Simon & Schuster, NY). Priced US$14. ISBN 0-684-86815-6. 284 pages. 2000. Dedicated to the author's father Allan D'Souza, 1933-2000. Available for Rs 100 in Goa.
Frederick Noronha :: +91-9822122436 :: +91-832-2409490
Adam Smith, the high priest of capitalism whose *Wealth of Nations* first articulated the case for free markets in 1776, resoundingly affirms this indictment: "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities but of their advantages."
-- Dinesh D'Souza, in *The Virtue of Prosperity: Finding Values in an Age of Techno-Afflulence* (Simon & Schuster, NY). Priced US$14. ISBN 0-684-86815-6. 284 pages. 2000. Dedicated to the author's father Allan D'Souza, 1933-2000. Available for Rs 100 in Goa.
Frederick Noronha :: +91-9822122436 :: +91-832-2409490
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