Profit and Greed

Neither Smith nor any of his successors distinguishes Profit-seeking from Greed, thereby exposing Capitalism to the charge that it is predicated on a Psychological and/or Moral disorder. The vulnerability is tacitly acknowledged in the attempt to re-classify Greed as 'good'. But such a defense is unnecessary, given that the identification of Self-Interest and Profit has been uncritically incorporated into many contemporary societies. Even Marx bypasses the consideration that the profiting that he diagnoses as constituting exploitation is only a special case of a more general ill.