lofhay

I read somewhere that Adam Smith , in "Wealth of Nations", said that people did not have to exploit others to be wealthy. He showed that everyone could be wealthy if they went about their business to their own selfish ends, but within reason, and with an eye toward the common good. The writer called this "altruistic capitalism", and callled the form that creates profits for some to the detriment of others "exploitative capitalism".

Makes sense to me.