“The notion that #intelligence is a personal endowment or personal attainment is the great conceit of the #intellectualclass, as that of the #commercialclass is that #wealth is something which they personally have wrought and possess.” - #JohnDewey, The Public and Its Problems (1927) via #AdamTooze
January 29, 2026 at 1:50 PM
“The notion that #intelligence is a personal endowment or personal attainment is the great conceit of the #intellectualclass, as that of the #commercialclass is that #wealth is something which they personally have wrought and possess.” - #JohnDewey, The Public and Its Problems (1927) via #AdamTooze
Difference being is that the truly earned #wealth of the #commercialclass is not due to their ambition but because their work is judged by the rest of society (i.e. markets) to be of value and deserving to be rewarded.
“The notion that #intelligence is a personal endowment or personal attainment is the great conceit of the #intellectualclass, as that of the #commercialclass is that #wealth is something which they personally have wrought and possess.” - #JohnDewey, The Public and Its Problems (1927) via #AdamTooze
January 29, 2026 at 1:59 PM
Difference being is that the truly earned #wealth of the #commercialclass is not due to their ambition but because their work is judged by the rest of society (i.e. markets) to be of value and deserving to be rewarded.