Quote of the Day: Why Intellectuals are Predisposed to Socialism

Intellectuals who consider inequalities in wealth evidence of injustice often seek political remedies. These take the form of legislation and, more often, regulation. In the process, of course, they are able to portray themselves as heroic opponents of injustice. If they have sufficient support, they are also able to acquire significant power, wealth and status. We know from experience, however, that these intellectuals rarely consider their own wealth evidence of injustice.

That’s from Patrick Cox at the Daily Reckoning. In the above passage, substitute intellectuals with politicians, we get the same outcome.