self-interest misunderstood: Of the 1%, by the 1%, for the 1%

Great read: "Alexis de Tocqueville once described what he saw as a chief part of the peculiar genius of American society—something he called “self-interest properly understood.” The last two words were the key. Everyone possesses self-interest in a narrow sense: I want what’s good for me right now! Self-interest “properly understood” is different. It means appreciating that paying attention to everyone else’s self-interest—in other words, the common welfare—is in fact a precondition for one’s own ultimate well-being. " Full article: Of the 1%, by the 1%, for the 1% | Society | Vanity Fair

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