Why Intellectuals Hate Capitalism (and Electoral Politics)

Bob Nozick theorizes that intellectuals feel snubbed by capitalism because they view themselves as being the most accomplished and valuable members of society, yet rather than reward those who accomplish most, capitalism rewards those who best meet the market demands of others. Hence their resentment.

I found a parallel dynamic in college and law school. All of my professors tacitly disdained politicians and the modern political process. Their disdain clearly emanated from their conviction that it was they, the professors, that should wield power. Only because our democracy was broken, or a sham, or in the pocket of corporate interests, were mediocrities like George Bush, Trent Lott, and Orrin Hatch chosen to lead our country.

As students return back to school, now is a great time to encourage them to read this article. Nothing will better help them see through their professors contempt for traditional values and institutions than a thorough appreciation of their professors' embittered psyches. Do the world a favor, send a link of the article to a student near you. Do the world another favor, and send a link to everyone who reads or listens to journalists.

Read the thing yourself. It's fascinating.

Thanks to Moe for the link.