Psychological Egoism, Moral Egoism, Global Village

Often confused are Psychological Egoism and Moral Egoism.  According to the former, all behavior is reduced to immutable Self-Interest, e. g. Sympathy is only a means to feeling good about oneself.  In contrast, Moral Egoism recognizes the possibility of non-self-interested behavior, but prescribes that one ought to behave only in one's self-interest.  Typical of the confusion is the association in American society of Psychological Egoism with Capitalism, a doctrine which Smith grounds in Moral Egoism.  His scrupulousness in not settling for what would be a less vulnerable basis for Capitalism is a strong argument against the tenability of Psychological Egoism.  He also thereby unwittingly strengthens the possibility of a Global Village, the Organicism of which is precluded if the behavior of the members of a society is immutably Atomistic.