That being said, I want to address one thing that has been bothering me for a long time. When I did my MA, my advisor rightly pointed out that he never understood how Marxist professors could declaim capitalism while making $100,000 per year. I don’t mind well-paid academics suggesting that ideas from Marx have validity, but I do have an enormous problem with the champagne socialists such as Terry Eagleton and Noam Chomsky who make millions of dollars manufacturing very repetitive lambasts against the American hegemony and ills of free market capitalism, which they then sell to intellectuals in first and third-world countries for a tidy profit. The global demand, in a hysterically frustrating irony, for these authors’ works in Asia and continental Europe is fueled by the Pax Americana, which keeps English as the lingua franca of economics and academia.
From a comment by someone named secretcognition on this article in The American Scholar by William Deresiewicz.