Consequentialist theories pretend that we can set some great big ends (the general happiness, human flourishing), provide ourselves with definite enough conceptions of them to make them the objects of instrumental reasoning, and then obtain enough reliable information about what actions will best promote them that we could regulate our conduct by these considerations alone.
Allen W. WoodI think it is clear that what we ought to do has to be independent of our decisions about what to do, and independent of any procedures we might use in making such decisions.
Allen W. WoodI am a one-trick pony. But I have worked hard at something I would have liked to do even if I weren't paid a penny for it, and made a good living at it. You can't be luckier than that in this life, no matter who you are or what you do.
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. WoodMarx's writings still have something to teach us about capitalism. They have little or nothing to teach us about any alternatives to it. Anyone who had read them knows that.
Allen W. Wood