In "An Interview with Milton Friedman" (1974), the American economist Milton Friedman said that businessmen and the intellectuals are enemies of capitalism . The intellectuals because most believed in socialism while the businessman expected economic privileges. In his essay "Why do intellectuals oppose capitalism ?" (1998), the American libertarian philosopher Robert Nozick of the Cato Institute argued that intellectuals become embittered leftists because their academic skills, much rewarded at school and at university, are undervalued and underpaid in the capitalist market economy. Thus, the intellectuals turned against capitalism —despite enjoying a more economically and financially comfortable life in a capitalist society than they might enjoy in either socialism or communism. The economist Thomas Sowell said in his book Intellectuals and Society (2010) that lacking disincentives in professional life, the intellectual (producer of knowledge, not material goods ) tends to speak outside his or her area of expertiseand expects social and professional benefits from the halo effect , derived from possessing professional expertise. In relation to other professions, the public intellectual is socially detached from the negative and unintended consequences of public policy derived from his or her ideas. As such, the philosopher and mathematician Bertrand Russell (1872–1970)  advised the British government against national rearmament in the years before World War I (1914–1918) while the German Empire prepared for war. Yet, the post-war intellectual reputation of Russell remained almost immaculate and his opinions respected by the general public because of the halo effect .
In "An Interview with Milton Friedman" (1974), the American economist Milton Friedman said that businessmen and intellectuals are enemies of capitalism : most intellectuals believed in socialism while businessman expected economic privileges. In his essay "Why Do Intellectuals Oppose Capitalism ?" (1998), the American libertarian philosopher Robert Nozick of the Cato Institute argued that intellectuals become embittered leftists because their academic skills, much rewarded at school and at university, are undervalued and underpaid in the capitalist market economy. Thus, intellectuals turn against capitalism despite enjoying more comfortable lives in capitalist societies than they might enjoy under either socialism or communism. The economist Thomas Sowell wrote in his book Intellectuals and Society (2010) that intellectuals, who are producers of knowledge, not material goods , tend to speak outside their own areas of expertise, and yet expect social and professional benefits from the halo effect derived from possessing professional expertise. In relation to other professions, public intellectuals are socially detached from the negative and unintended consequences of public policy derived from their ideas. Sowell gives the example of Bertrand Russell (1872–1970) , who advised the British government against national rearmament in the years before the First World War .
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: most intellectuals
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do intellectuals oppose capitalism
Do Intellectuals Oppose Capitalism
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the intellectuals turned against capitalism —despite enjoying a more economically and financially comfortable life in a capitalist society
intellectuals turn against capitalism despite enjoying more comfortable lives in capitalist societies
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wrote
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lacking disincentives in professional life, the intellectual (producer
intellectuals, who are producers
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his or her area of expertiseand expects
their own areas of expertise, and yet expect
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the public intellectual is
public intellectuals are
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his or her ideas. As such, the philosopher and mathematician
their ideas. Sowell gives the example of
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World War I (1914–1918) while the German Empire prepared for war. Yet, the post-war intellectual reputation of Russell remained almost immaculate and his opinions respected by the general public because of the halo effect
the First World War