Home
/
RELIGION & LIBERTY ONLINE
/
Why Do Intellectuals Hate Capitalism?
Why Do Intellectuals Hate Capitalism?
Jan 14, 2026 1:41 AM

In an interview with Reason TV,Whole Foods co-founderJohn Mackey answers a rangeof questions about why so many intellectuals areopposed to the freemarket, whetherthroughouthistory and to this today.

“Is it a misunderstanding of what business does?” asks Nick Gillespie. “Is it envy? Is it a lack of capacity to understand that what entrepreneurs do or what innovators do?”

Here’s a sample:

Intellectuals have always merce. That is something that tradesmen did; people that were in a lower class. And so you had minorities, oftentimes did it, like you had the Jews in the West. And when they became wealthy and successful and rose, then they were envied, then they were persecuted and their wealth confiscated, and many times they were run out of country after country. Same thing happened with the Chinese in the East. They were great businesspeople as well. So the intellectuals have always sided kind of with the aristocrats to maintain a society where the businesspeople were kind of kept down. You might say that capitalism was the first time that businesspeople kinda caught a break, because of Adam Smith and the philosophy that came along with that, and the industrial revolution began this huge upwards surge of prosperity.

Mackey does a nice job summarizing the historical and practical forces, but another dynamicworth noting is Thomas Sowell’s notion of the “unconstrained vision”(or the “vision of the anointed”),which one findsamong many intellectuals. WhenSowell talks about “visions” he’s speaking less toour particular position (vocationally or otherwise) and more to how weperceivethe basic nature and destiny of man—“not simply his existing practices,” Sowell writes, “but his ultimate potential and ultimate limitations.”

For many intellectuals, for example, human capability is viewed as vast rather than limited. Problems are tobe solved through “smart” solutions rather than messy, incremental trade-offs. Justicecanbe achieved bycontrolling es rather than constructing the rightset of rules. Knowledge is important, but mainlya very particular kindof knowledge — one that requires a very particular kind of education and abstract thinking, rather than practical action, long-term wisdom, and particular prudence. Because our goals are so obviously achievable, freedom is seen as theability to achieve thosegoals, rather than exemption from the power andcontrolof others.Specialization is questionable and suspect rather than ed.The path to achievingthe good is paved bysweeping categorical gestures rather than incrementalimprovements.

To Mackey’s point,fromthis underlying vision, one is not likely to springto free-market advocacy.

For more on Sowell’s thoughts on this, I mend his book, Intellectuals and Society.

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
The State Which Would Provide Everything
is the title of an insightful article by Fr. James Schall over at the Ignatius site. An analysis of the political contribution of Deus Caritas Est, Benedict XVI’s first encyclical, ments: The Second half of the encyclical is a brilliant treatise on the nature and limits of the State and what lies beyond it. "We do not need a state which regulates and controls everything," Benedict writes, "but a State which, in accordance with the principle of subsidiarity, generously acknowledges...
A Thanksgiving Prayer
Almighty God, Father of all mercies, we thine unworthy servants do give thee most humble and hearty thanks for all thy goodness and loving-kindness to us and to all men. We bless thee for our creation, preservation, and all the blessings of this life; but above all for thine inestimable love in the redemption of the world by our Lord Jesus Christ; for the means of grace, and for the hope of glory. And, we beseech thee, give us that...
Bonhoeffer on Church and State, Part 2
The following is the text of a paper presented on November 15, 2006 at the Evangelical Theological Society 58th Annual Meeting in Washington, DC, which was themed, “Christians in the Public Square.” Part 2 of 3 follows below (series index). Relationship between Church and State It must first be noted that Bonhoeffer’s conception of mandates was a statement about the ontological ordering of God’s rule in the world, not a particular statement about the precise form that rule would or...
Good News for the Moralists
Here’s some good news for those who prefer bat cultural evil through the edification and cultivation of moral sensibilities: In “Repugnance as a Constraint on Markets,” Alvin E. Roth finds that “distaste for certain kinds of transactions is a real constraint, every bit as real as the constraints imposed by technology or by the requirements of incentives and efficiency.” He also finds that “while repugnance can change over time, change can be quite slow.” This presumably applies to the decrease...
The Parenting Class
Along the same lines as my earlier post, The Weekly Standard argues that putting the needs of parents first, can form a more stable foundation for an alliance between fiscal and social conservatives. Both fiscal and social conservatives should put themselves in the shoes of the parenting class and focus on petition and choice while also encouraging the growth and strength of the two-parent family. In health care, for instance, conservatives have consistently failed to approach things from that point...
Bonhoeffer on Church and State, Part 3
The following is the text of a paper presented on November 15, 2006 at the Evangelical Theological Society 58th Annual Meeting in Washington, DC, which was themed, “Christians in the Public Square.” Part 3 of 3 follows below (series index). War and Peace I will conclude with a brief word about Bonhoeffer and pacifism, given the ongoing claims about Bonhoeffer’s mitment to the practice of nonviolence.[i] First, it should be noted, with Clifford J. Green, that it is invalid to...
Immigration Policy and the Future of Free Market
I have been quite concerned for some time about the shrill debate over illegal immigration and its potential fallout for free trade. I have argued, at Acton events and elsewhere, that no long-term solution to the flow of illegal immigration from Mexico is possible, without significant economic growth in Mexico. U.S. per capita GDP is 6.5 times greater than the Mexican per capita GDP. The public service infrastructure in the US is far superior to that in Mexico. Taken together,...
Generous Conservatives
Desperate Philanthropist? In a recent column in the National Post, David Frum looks at an “astonishing” new book on charitable giving due out this month from Syracuse University professor Arthur C. Brooks. In “Who Really Cares: The Surprising Truth of Compassionate Conservatism,” Brooks contends that conservatives are really “more generous, more honest and more public-spirited” than liberals. Frum starts his column with a quote from Desperate Housewives actress Eva Longoria, who asserts: “Everyone on Wisteria Lane has the money of...
Wait – You Mean Taxpayers DON’T Have to Pay for Stadiums?
Refreshing news from Major League Baseball: In the interest of full disclosure, I have to say, I have loved the Oakland Athletics for a long time now. I love how they are the anti-Yankees, consistently fielding winning teams despite having one of the lower payrolls in the game, and losing superstar after superstar to richer teams. I love their plucky spirit and their annual belief-defying August winning streaks. I love Billy Beane’s flair for the dramatic. I love that they...
Natural Law and Christian Social Thought
Two new and intriguing books from Cambridge University Press have crossed my editorial desk recently. Anticipate reviews to appear in the Journal of Markets & Morality sometime next year; but in the meantime I wanted to give them each a plug. Both draw on the philosophical tradition of the natural law to address contemporary debates in social/political thought. The argument of Christopher Wolfe’s Natural Law Liberalism is summed up in a blurb by Notre Dame law professor Gerard Bradley: “No...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved