From Jim O'Brien
June 05, 2009
Hi Friend, The Nuisance Value of Intellectuals Maybe the greatest king any
nation ever had was King David of It was a characteristic that
appeared early in his life, when he was watching his father’s sheep. When a
lion or a bear attacked and stole a lamb, David went to battle with the animal.
It’s hard to imagine a ‘one on one’ fight with a bear or a lion but it’s nearly
impossible to imagine going after the wild beast to save a lamb. No wonder
David was a man after God’s own heart. David brought the same sense
of protection for innocents to the office of king as he had exemplified as a
shepherd. During the forty years of his reign But this growth was not
without its detractors. In fact, Absalom, his own son was the chief critic. He
would stand outside the city gate and talk with people as they entered The story is in the book of
Samuel. It started when David allowed a terrible crime to go unpunished. “After
this, Absalom provided a chariot and horses for himself, and an escort of fifty
men. He would get up early and go and stand by the road at the city gate.
Whenever someone came there with a dispute that he wanted the king to settle,
Absalom would call him over and ask him where he was from. And after the man
had told him what tribe he was from, Absalom would say, ‘Look, the law is on
your side, but there is no representative of the king to hear your case.’ And
he would add, ‘How I wish I were a judge! Then anyone who had a dispute or a
claim could come to me, and I would give him justice.’ When the man would
approach Absalom to bow down before him, Absalom would reach out, take hold of
him, and kiss him. Absalom did this with every Israelite who came to the king
for judgment, and so he won their loyalty.” (2 Samuel 15:1-6 GNB) I confess to seeing a strong
parallel between the Israel of David’s day and the Economist Joseph Schumpeter
who lived through the period leading up to the Great Depression until 1950
offered profound insights regarding critics of capitalism. In particular he
referred to intellectuals whose contributions he called a sort of “nuisance
value.” Schumpeter coined the phrase
"creative destruction" as a term to describe new businesses which
replace the old as, for example, Wal-Mart replacing the country store. That
created an ever improving market but it also created a resentment of capitalism
by those who were hurt by what was lost. Capitalism, he taught, led
to patterns of thought that he termed "rationalistic individualism." In
other words, one of the benefits of capitalism was that we learn to think as
individuals but an individual must think rationally to succeed. The rational
mind calls into question the political and economic institutions that are the
status quo. Since capitalism requires an argument that is too difficult for
many people to grasp, most people stop accepting it on faith and lose sight of
the real merits. Intellectuals determine the
climate of their societies through teaching, writing and influence within
government circles. Ironically the rise of the intellectual class is a product
of capitalism but, for intellectuals, criticism sells. Therefore they criticize
capitalism and they influence the masses to dislike it. Lastly, in a
capitalistic society, there is an overproduction of intellectuals. In a system
of supply and demand, there are too many of them and they receive less economic
reward than they think they deserve; "If I'm so smart, why ain't I
rich?" Absalom was a true
intellectual. He had received wonderful gifts from David both by being a
citizen of Sometimes when I read a
journalist or hear a politician talk about how bad this country is I want to
ask, “Has this man ever fought a lion?” Until next time,