Mind vs. Money: The War between Intellectuals and Capitalism

Author
Richard M. Salsman
Content Type
Journal Article
Journal
The Objective Standard
Volume
8
Issue Number
4
Publication Date
Winter 2013-2014
Institution
The Objective Standard
Abstract
If, like most candid students of history, you recognize that capitalism (to the extent it has been instituted) has brought liberty, peace, and prosperity, but you wonder why the system has been so despised, this is the book for you. In Mind vs. Money: The War between Intellectuals and Capitalism, Alan S. Kahan points out that in only one century out of the past twenty-five—the Enlightenment (1730–1830)—did leading intellectuals speak well of money, lending, profit making, and commerce (i.e., capitalism). The vast majority of intellectuals, over the vast majority of time, have detested capitalism and all it stands for. The worst hostility dates from the mid-19th century: “For over 150 years, Western intellectuals have been at war with capitalism,” writes Kahan, and “the consequences have often been disastrous for all concerned” (p. 3)—the consequences including tyrannies and policies that sap economic vitality.
Topic
War