The Economist had a very good column on this subject a little while ago:
> In living memory, some middle-class Britons would not allow delivery boys to come to their front door; the tradesmen’s entrance was at the side. [....] And their modern descendants, the middle-class intelligentsia who populate the continent’s universities and staff its public sector, have a tendency to despise the businesspeople who generate the wealth needed to fund their way of living. There is great distaste at the idea that political choices should be dictated by “the markets”; investors should just hand over their money and not ask whether it will be paid back.
> In living memory, some middle-class Britons would not allow delivery boys to come to their front door; the tradesmen’s entrance was at the side. [....] And their modern descendants, the middle-class intelligentsia who populate the continent’s universities and staff its public sector, have a tendency to despise the businesspeople who generate the wealth needed to fund their way of living. There is great distaste at the idea that political choices should be dictated by “the markets”; investors should just hand over their money and not ask whether it will be paid back.
http://www.economist.com/node/21541857