It has taken me a long time to realize where I most disagree with Marx. His assessment of capitalism is far too favorable. He took its instability, inhumanity and irrationality to be signs that it was a merely transitional form, which had delivered into humanity's hands the means to a much better way of life than any that have ever existed on earth. Marx could not bring himself to believe that our species is so benighted, irrational and slavish that it would put up with such a monstrous way of life.

Our procedures of deliberation are not ways of finding out independent moral truths but instead ways of "constructing" these truths, in the process of deciding what to do.

One rational standard of action is how well it promotes the end it seeks. Another standard is whether it aims at ends which are good. Both of these, but especially the former, depend on judgments of fact.

What are we to think of the shortsightedness of the great mass of people who are content to do nothing about it, and even worse, the greed or venality of the rich and powerful who deliberately bar the way to human survival?

It would be nice, wouldn't it? if we could get comfortable about the problem of freedom. Kant thinks that we can't.

Since we cannot know too much about the long term effects of our particular lives, and since success and fame are not good measures of the value of what we have done, it should be enough for any of us that as far as we can tell, in some small way we have made humanity's future better rather than worse.

Those 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.