We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

How the Failure of “Prestige Markets” Fuels Populism

10 45 0
09.05.2019

CAMBRIDGE – One of the slogans of the Harvard Union of Clerical and Technical Workers is, “We can’t eat prestige.” In other words, the university should not get away with paying low wages just because it is prestigious to work there.

  • The Economy We Need Keith Bishop/Getty Images

    The Economy We Need

    May 3, 2019 Joseph E. Stiglitz offers a blueprint for reversing inequality, restoring the middle class, and saving democracy.

    35 Add to Bookmarks
  • Brexit Fever is Breaking Artur Widak/NurPhoto via Getty Images

    Brexit Fever is Breaking

    Mar 28, 2019 Anatole Kaletsky welcomes the extension of the March 29th deadline, because it will be followed by a much longer one.

    13 Add to Bookmarks
  • Capitalism’s Great Reckoning nuvolanevicata/Getty Images

    Capitalism’s Great Reckoning

    Apr 19, 2019 James K. Galbraith reviews books by three leading observers assessing the lamentable state of modern political economy.

    28 Add to Bookmarks
  • Previous Next

    But while prestige may not be nourishing, it is sustaining. In fact, the logic behind prestige, and its relation to technology and to people’s identity, may have everything to do with the rise of populism and with the perils of populist policies.

    Prestige is in our genes. According to biological anthropologist Joseph Henrich, it evolved because we are a cultural species, in the sense that our individual survival depends on acquiring the knowledge that resides in the collective brain. We acquire it through imitation, but we need to decide whom to imitate. Numerous scientific studies have shown........

    © Project Syndicate