Capitalism has not proven to be a transitional form, a gateway to a higher human future.
Allen W. WoodSometimes when a philosopher's views are widely rejected by the world, the fault is not with the philosopher but with the world.
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. WoodKantian ethical theory distinguishes three levels: First, that of a fundamental principle (the categorical imperative, formulated in three main ways in Kant's Groundwork); second, a set of duties, not deduced from but derived from this principle, by way of its interpretation or specification, its application to the general conditions of human life - which Kant does in the Doctrine of virtue, the second main part of the Metaphysics of Morals; and then finally an act of judgment, through which these duties are applied to particular cases.
Allen W. WoodKant does not think that along with choice of an action we also choose in each case the motive from which we do it. He thinks all is well if I act beneficently, realizing that it is my duty but also having sympathetic feelings for the person I help. But I ought to strive to be the sort of person who would still help even if these feelings were absent. And it is such a case that he presents when the sympathetic friend of humanity finds his sympathetic feelings overclouded by his own sorrows, and still acts beneficently from duty.
Allen W. Wood