Wednesday, July 21, 2010

Schumpeter Tweaks Intellectuals

Joseph Schumpeter keeps up a running critique of intellectuals in Capitalism, Socialism, and Democracy. One of my favorites is this one:

Syndicalism “really appeals to the workman’s instincts – and not, like Marxism, to the intellectual’s idea of what the workman’s instincts ought to be – by promising what he can understand, viz., the conquest of the shop he works in, conquest by physical violence, ultimately by the general strike.”

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