

I would like to point out that Adam Smith “did not” suggest wealth = virtue. Wealth of Nations even have a whole book devoted to morality.
The current trend of equaling wealth to virtue came from Puritanism, Calvinism, which evolved into neo-liberalism now.
For more information about Puritanism and Calvinism and their relationship with capitalism, please refer to The Protestant Ethic and the Spirit of Capitalism by Max Weber.











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