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In political organizations, the politicians are supposed to be aiming at the public good, not only at maximizing their own salaries; this pretence is kept up even under despotisms. This is why there is more hypocrisy in politics than in business. But under the combined influence of democracy and socialistic criticism, many important industrial magnates have acquired the art of political humbug, and have learnt to pretend that the public good is their motive for making a fortune. This is another example of the modern tendency to the coalescence of politics and economics.
Source: Bertrand Russell : Power, a new social analysis, 1938
More info.: https://russell-j.com/beginner/POWER12_280.HTM