Decades ago, Nobel laureate Milton Friedman discussed the impact of intellectuals and businessmen on the free enterprise system:
You must separate out being pro free enterprise from being pro business.
The two greatest enemies of the free enterprise system have been on the one hand my fellow intellectuals and on the other the big businessmen. For opposite reasons:
The intellectual is all in favor of freedom for himself and all opposed to it for everybody else.
Almost every businessman is in favor of free enterprise for everybody else but special privileges for himself.