The punters know that the horse named Morality rarely gets past the post, whereas the nag named Self-interest always runs a good race.

Summary

This quote alludes to the perception that often, morality loses to self-interest. The term "punters" represents individuals who place bets on horse races, implying that people are aware of the fact that the horse named Morality seldom wins races while the nag named Self-interest consistently performs well. This analogy suggests that in real life, people often prioritize their own personal interests over doing what is morally right. It highlights the notion that self-interest is more prevalent and tends to take precedence over moral considerations.

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