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Mind Vs. Money

The War Between Intellectuals and Capitalism

Alan S. Kahan

Business & Economics / Economic History

For the past 150 years, Western intellectuals have trumpeted contempt for capitalism and capitalists. They have written novels, plays, and manifestos to demonstrate the evils of the economic system in which they live. Dislike and contempt for the bourgeoisie, the middle classes, industry, and commerce have been a prominent trait of leading Western writers and artists. Mind vs. Money is an analytical history of how and why so many intellectuals have opposed capitalism. It is also an argument for how this opposition can be tempered.

Historically, intellectuals have expressed their rejection of capitalism through many different movements, including nationalism, anti-Semitism, socialism, fascism, communism, and the 1960s counterculture. Hostility to capitalism takes new forms today. The anti-globalization, Green, communitarian, and New Age movements are all examples. Intellectuals give such movements the legitimacy and leadership they would otherwise lack. What unites radical intellectuals of the nineteenth century, communists and fascists of the twentieth, and anti-globalization protestors of the twenty-first, along with many other intellectuals not associated with these movements, is their rejection of capitalism. Kahan argues that intellectuals are a permanently alienated elite in capitalist societies.

In myriad forms, and on many fronts, the battle between Mind and Money continues today. Anti-Americanism is one of them. Americans like to see their country as a beacon of freedom and prosperity. But in the eyes of many European and American intellectuals, when America is identified with capitalism, it is transformed from moral beacon into the "Great Satan." This is just one of the issues Mind vs. Money explores. The conflict between Mind and Money is the great, unresolved conflict of modern society. To end it, we must first understand it.

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