ABSTRACT
Individualism, the great engine of capitalist progress, must be transcended. The practices of mass imprisonment, of torture, and the use of the weapons of political terror, have spread widely in the modern world. So has the cult of the individual political leader with a synthetically created charisma. The world not merely of the individual, but of the great collective actors, the corporations, must be made subject to the public good or to substantively rational goals. The pride of Western European capitalism has always been its moral uprightness, its acceptance of the fact that all forms of force and fraud should be outlawed in economic transactions. The capitalist operations should take place within a framework of rational law. The Nazi party in Germany was perhaps a product of capitalism in crisis, but in many respects it was a denial of many of the structural principles of capitalism.
