Home
/
RELIGION & LIBERTY ONLINE
/
The Academy’s Rage Against Capitalism
The Academy’s Rage Against Capitalism
Apr 26, 2025 11:44 AM

Over at Ricochet, Peter Robinson broaches the oft asked question about intellectuals and their disdain and rage against capitalism. Robinson unearthed Robert Nozick’s, “Why Do Intellectuals Oppose Capitalism?” Nozick declared,

The schools, too, exhibited and thereby taught the principle of reward in accordance with (intellectual) merit. To the intellectually meritorious went the praise, the teacher’s smiles, and the highest grades. In the currency the schools had to offer, the smartest constituted the upper class. Though not part of the official curricula, in the schools the intellectuals learned the lessons of their own greater value parison with the others, and of how this greater value entitled them to greater rewards.

The wider market society, however, taught a different lesson. There the greatest rewards did not go to the verbally brightest. There the intellectual skills were not most highly valued. Schooled in the lesson that they were most valuable, the most deserving of reward, the most entitled to reward, how could the intellectuals, by and large, fail to resent the capitalist society which deprived them of the just deserts to which their superiority “entitled” them? Is it surprising that what the schooled intellectuals felt for capitalist society was a deep and sullen animus that, although clothed with various publicly appropriate reasons, continued even when those particular reasons were shown to be inadequate?

The entire essay is thoughtful and worth the read and it reminded me of some of my own observations of life at Ole Miss, my own Alma Mater. Much of what Nozick explains in the essay may be magnified at a school that has a similar cultural makeup as that one. The University of Mississippi or Ole Miss, at least from my own experience, is a very solid public university. There are some excellent professors in residence, especially within the college of liberal arts. For a public university, especially when es to capitalism and cultural norms, the student body is relatively conservative. I would say though from my own experience, however, it isn’t a place of grand academic probing or curiosity for most students. How many colleges genuinely can claim that characteristic today, though? That is not to say students are less intelligent or thoughtful than elsewhere.

A deep intellectual curiosity among the student body, in most cases, would not ingratiate you towards your peers and it certainly did you little favor in the social scene. I immediately noticed a tension between some of the academics and a large portion of the student body. Social development, popularity, networking, and the general social scene was all the rage for many students. Whether it was through popular fraternities and sororities and social gatherings, those activities and influences took precedence over the academy and academic pursuits.

A lot students came from financially successful families and many of those families were popular in Mississippi. They had little interest in repudiating their background, upbringing, and many of the cultural norms that surrounded them. While some academics on campus wanted the students to at least in part, to repudiate some of those values and norms. And many of those same students – who might be described as not “academic” or “intellectual” – were masters of the social scene, where often financial es in life, especially in the field of business and entrepreneurial enterprise. The resentment of some in academic circles was palpable. They felt betrayed by the wider culture – no beautiful woman at their side, no expensive sport utility vehicle, and little popularity. Thus there was a feeling that the system is rigged and unfair. I suspect in many of the the more traditional campus settings, feelings like this are mon.

There has been a lot written on the topic of the academy’s rants and raging against the free market. Certainly much of it has to do with the deep perception that some professors aren’t rewarded to a greater degree than those that are less academic but maybe more socially astute in life and business.

Perhaps the best examples today are the professors in SEC schools who carry impressive academic degrees and credentials but are dwarfed in salary by football coaches with motorcades bigger than the state governor, and a support staff greater than entire academic departments on campus. They are a visible reminder of the popular jock who got the girl, while simultaneously, being the most admired figure on campus. Is capitalism or the free market really to blame though?

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Acton University Thursday Photo Recap
Thursday at Acton University included a lot of high quality lectures, including ones from Eric Metaxas, Victor Claar, Samuel Gregg, Jon Pinheiro, and Jonathan Witt. Here are just a few photos of the day’s events. If you’d like to listen to some of these lectures, we have a digital downloads page for AU2012 set up where you can buy each for $0.99 here. AU participants prepare for the PovertyCure screening Grand Rapids, MI in the evening Eric Metaxas makes a...
Interviews on Innovation, Distributism, Communitarianism, and Vocational Stewardship
Last week we mentioned the interviews of Rev. Sirico and Andreas Widmer conducted by Joseph Gorra. Over the weekend Gorra added four more excellent interviews of Acton University faculty. The first is an interview with Kishore Jayabalan, director of Istituto Acton in Rome, on Distributism as a ‘Third Way’: Gorra: Why do you think distributist premises are so appealing to some? Jayabalan: Distributism is appealing because it recognizes that there is more to life than economics and especially the production...
Interview: Rev. Sirico responds to ‘Is Capitalism Immoral?’
On the Patheos Evangelical channel, Joseph E. Gorra talks to Rev. Robert A. Sirico, Acton Institute president and co-founder, about the publication of his new book, Defending the Free Market: The Moral Case for a Free Economy. Gorra frames the interview with this question: “Countless detractors over the years have argued that capitalism is intrinsically immoral. Is it true?” Patheos: As you know, “capitalism” and “free markets” often invoke all sorts of various (even contradictory) images and ideas for different...
Listen to Acton University Lectures Anywhere
Were you unable to attend Acton University 2012? Want to hear a lecture you missed? You’re in luck, because we have (almost) all of the lectures available so far. Stay tuned to grab them as they’re posted to our digital lecture store. Here’s what’s available so far: Day 1 – June 12 A Conversation with Michael Novak Day 2 – June 13 Christian Anthropology (’12) – Dr. Samuel GreggPerson and Property in the Pentateuch – Dr. David BakerThe Church and...
Government’s Purpose Is to Improve Health?
In an interview with Charlie Rose on CBS’s This Morning, New York City mayor Michael Bloomberg said, If government’s purpose isn’t to improve the health and longevity of its citizens, I don’t know what its purpose is. Since Bloomberg seems to be unclear about the purpose of government, perhaps we should make him a list. How about: establishing justice, insuring domestic tranquility, providing for mon defense, promoting the general welfare, and securing the blessings of liberty for ourselves and our...
Acton University Friday Photo Recap
Friday was the last day of Acton University 2012. Here are a few photos from the day’s events. Did you miss AU this year? Be sure to check out our downloadable lectures here. AU participants walk to the DeVos Convention Center Anthony Bradley reviews the AU speaker listing AU participants walk to an ing session Andreas Widmer talks to Rev. Robert Sirico Grand Rapids from the DeVos Convention Center Speaker Rudy Carrasco checks puter during AU AU participants at the...
Doubling Down on Pascal’s Wager
The Christian Reformed Church in North America (CRCNA) held its annual synod this week, and among the items it dealt with were overtures and mendations related to the issues of climate change and creation care. The synod adopted statements along the following lines: There is a near-consensus in the munity that climate change is occurring and very likely is caused by human activity.Human-induced climate change is an ethical, social justice, and religious issue.The CRC pelled to take private and public...
Make the Moral Case for Free Enterprise and Win $40,000
If you have a videocamera and can make the moral case for free enterprise, then our friends at the American Enterprise Institute have the contest for you: The American Enterprise Institute is serious about reinvigorating America’s spirit of free enterprise. Big ambitions require big promotions, which is why AEI is proud to announce a $50,000 video contest, “Make the Moral Case for Free Enterprise,” to unleash the market’s creative potential. We’re calling on everyone who loves America’s system of free...
Truth and Blessings at Acton University
On the drive over to Acton University this morning I heard an argument on the radio about how the economy would have been fixed if only the dollar amount of the American Recovery and Reinvestment Act of 2009 would have been doubled. What a sad statement to pin your hope to in order to fix the American economy. That argument is unlikely to be uttered at Acton University. Fixing economic problems and lifting up the human condition is not measured...
Business as Moral Enterprise
One of the excellent presentations at Acton University today was Andreas Widmer’s class on “Business as a Moral Enterprise.” For those who missed it, Joe Gorra of the Evangelical Philosophical Society recently interviewed Widmer, a Research Fellow in Entrepreneurship at the Acton Institute, on that same topic: Gorra: Entrepreneurship is in your bones. You are the co-founder of the SEVEN Fund, which is doing some remarkable work “to dramatically increase the rate of innovation and diffusion of enterprise-based solutions to...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved