Monday, November 07, 2005

We know Intellectuals Hate Capitalism. But Why?

JAMES O'KEEFE

How ironic is it that the hatred of capitalism is disproportionately composed of proletariat theorist professors who make over 100,000 dollars a year. Ironic also is the doctrince of socialism is an intellectual phenomenon, not a working class one, derived from these professor who reside in the top income bracket.

When the Federalist Papers were written, the property owners were the most educated. This is no longer the case. An entrepreneur has a practical intelligence, whereas the professor has a theoretical one and often distances himself away from the free market.

But why such capitalist loathing? Ludwig von Mises proposed the intellectuals are resentful of the few who make more money than they do; namely investment bankers, corporate lawyers, etc. Others say they intellectuals feel undervalued in a system which rewards for talent, individual initiative and personal merit, not intelligence.

Robert Nozick proposed the intellectuals derive their hate from their tensions in elementary school with other children. This is a theory we'll explore at another time. As Nozick says, intellectuals will likely have the last word, a form poetic justice that is anything but ironic.

NJO: Originally printed in the November 2005 issue of The Centurion.

Illiteracy Count: 8
  1. How ironic is it...    (If the sentence is a statement, it should be "it is". If it's a question, it should have a question mark.)
  2. doctrince
  3. Ironic also is...    (The whole sentence is quite the fucking omnishambles, but perhaps some small vestige of life could have been restored to its abortion-like form by injecting "the fact that" after the first three words.)
  4. these professor who
  5. von Mises proposed the intellectuals    (Replace "the" with "that")
  6. Others say they intellectuals    ("They intellectuals"? Is he from fucking Fife all of a sudden?)
  7. Nozick proposed the intellectuals    (Replace "the" with "that")
  8. a form poetic justice

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