Many intellectuals dislike capitalism. Thirty-five percent of respondents with high school, or some college, said they had “favorable” views of socialism, according to Pew Research Center. But more than forty percent of those with post-graduate studies had favorable perceptions of socialism; for people who had finished PhDs, the “I like socialism” rate is more than half.

The form of the “dislike” takes many forms. Some intellectuals want to regulate and control market processes, others want to “abolish” (whatever that even means) markets and private property all together. (Note: Earlier, I tried to distinguish “markets” and “capitalism,” but for present purposes I’m going to use them interchangeably.)

Since I live among the tribes of the intellectuals, and often attend their primitive ceremonies and celebrations, I have had many occasions to observe their customs and folkways.