The Mercantile System still had a certain artless Catholic candour and did not in the least conceal the immoral nature of trade. ... But when the economic Luther, Adam Smith, criticised past economics things had changed considerably. ... Protestant hypocrisy took the place of Catholic candour. (Friedrich Engels)

The Mercantile System still had a certain artless Catholic candour and did not in the least conceal the immoral nature of trade. ... But when the economic Luther, Adam Smith, criticised past economics things had changed considerably. ... Protestant hypocrisy took the place of Catholic candour.

Friedrich Engels

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