Some suggest that it is ideological, some say it is motivated by the envy that emerged from historical roots of haves and have-nots.
The chief reason is because we live in the Dark Ages of economics. Capital is an economic reality that is beneficial to humankind and so ignorance of economics is the starting point for this prejudice. Capital is productive use of savings for the purpose of betterment.
Is it possible to understand why the negative feelings towards a benign (magnificent, actually!) economic reality can be so intense? I am going to propose a new and exciting perspective, the perspective of a divine economy theorist!
Because of the destructiveness of forcing the empirical methodology on the subjective science of economics the true reality and nature of human beings has been squeezed out; replaced with nonsensical and sterile data. The spirit is stripped away, taking with it ethics and justice and liberty. This numbed and mortified condition leaves humankind in a greatly weakened state which easily succumbs to materialism as the ultimate goal. Aspiring towards a disease like materialism brings out the worst - greed and envy combined with economic ignorance. That which is good is the target of this venomous attitude and since capital is the transformative element in the economy it receives waves and waves of aversion.
Why is this aversion so strong? Human beings are spiritual beings and knowingly or unknowingly are uncomfortable being submerged in an ocean of materialism. It is wholly unsatisfying to the perceptive spirit and so the overall condition is one of discontentment. If educated properly - aware of the subjective nature of humans and the subjective methodology of the human sciences - this grief and misery would easily be sloughed off and replaced with the joyous celebration of the bounties of capital and the entrepreneurial spirit. Shackled by the economic ignorance of these Dark Ages of economics the greatest challenge - the greatest enemy - to this pervasive disease is the transformative power of capital. That is why it is a target of the hate of the ego-driven interventionists and the ego-driven interpreters.
For you and those who you care about it is now time to unlearn this prejudice against capital!
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If you know of anyone interested in ethics and economics,
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http://bruce-koerber.squarespace.com
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