Himmelfarb on why intellectuals hate capitalism
Alberto Mingardi at Econlog:
It is not the fault of capitalism that the common man does not appreciate uncommon books. -Ludwig von Mises
There are many gems in Gertrude Himmelfarb’s Past and Present. The Challenges of Modernity, from the Pre-Victorians to the Postmodernists.
One is a 1952 essay on “American Democracy and Its European Critics”. In that essay, in comparing Tocqueville’s reading of America with Harold Laski’s (in The American Democracy), Himmelfarb notes perceptively that critics of American culture tend to see that “the incubus of Big Business lies heavily upon the whole country, stifling individual expression and corrupting individual tastes”.
But we know well that successful enterprises, cultural enterprises included, basically provide people with something that they want.