Although this is a little bit older piece written by Rober Nozick of Harvard University, but its worth reading. Nozick argues that intellectuals are skeptical of markets and capitalism because they are habituated to expect greater remuneration for their accomplishments and efforts than they actually get, and less than they could expect to get in a centrally planned meritocracy.
Adam Smith once said, "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind."
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