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And so the modern American university system allows its faculty and administrators to live right, while thinking left.
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Capitalism, Socialism, and Democracy, the great economist, Joseph Schumpeter, discussed exactly this question when asking why intellectuals were so opposed to capitalism during his time? His answer mainly was that businessmen do better under capitalism, whereas intellectuals believe they would have a more influential position under socialism and communism. In essence, Schumpeter's explanation is based on intellectuals' feeling envious of the success of others under capitalism combined with their desire to be more important.
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Montaigne, even had a short essay with the revealing title "That the Profit of One Man is the Damage of Another "
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