It is rational to choose the right means to your ends to develop very elegant abstract formal theories of rational choice, and then turn these into what look like moral theories. Philosophers tend to be ravished by the formal beauty of such theories, and they don't pay much attention to the fact that our human limitations make them pretty useless in practice, while the simple point about instrumental reasoning is too shallow to be of much real moral interest.
Allen W. WoodAdam 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.
Allen W. WoodKant regards the universalizability test for maxims as focused on a very special sort of situation: one where the agent is tempted to make an exception to a recognized duty out of self-preference. The universalizability test is supposed help the agent to see, in a particular case of moral judgment, that self-preference is not a satisfactory reason for exempting yourself from a duty you recognize. Kant thinks, as a matter of human nature, that this situation arises often enough and that we need a canon of judgment to guard against it.
Allen W. WoodThose who see Smith as a defender of capitalism - as it existed in Marx's day, or as it exists today - show above all that they are not living in the real world. They are behaving as though the undeveloped form of capitalism Smith studied is still with us.
Allen W. WoodI don't think Kant's approach to religion is any longer viable in its original form. But that does not mean it is simply wrong or that we cannot learn from it.
Allen W. Wood