My criminology professor, however, was tame compared to my sociology professors. They tried to impress me with big words, elaborate theorizing, “critical insight,” and impassioned pleas....all from a Marxist perspective. Again, as a student I really didn’t understand how so many professors in the social sciences could hate the economic system that made the American university system possible.
Fast forward a few decades later. I read a book titled “In Defense of Capitalism.” It was the first book I had ever read that didn’t bash capitalism that, instead, offered a logical and careful analysis of the varied benefits of this economic system. From there I went on to read about economics, game theory, micro-macro economic theory, financial policy......all the things that are nerdy. Instead of spouting the same crap my professors said, I began to incorporate many of these arguments.
But why do academics hate capitalism? That’s a good question and one where you can get an answer here: