Wednesday, March 17, 2010

Quote of the Day: New Class

Jonah Goldberg:
The “elite” the restorationists dislike is better understood as a “new class” (to borrow a phrase from the late Irving Kristol). The legendary economist Joseph Schumpeter predicted in 1942 that capitalism couldn’t survive because capitalist prosperity would feed a new intellectual caste that would declare war on the bourgeois values and institutions that generate prosperity in the first place. When you hear that conservatives are anti-elitist, you should think they’re really anti–new class. Conservatives see this new class of managers, meddlers, planners, and scolds as a kind of would-be secular aristocracy empowered to declare war on traditional arrangements and make other decisions “for your own good.”

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