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Notes and Reflections on Books and Media

by Hannah Leitheiser

Trump

Capitalism without Capital: The Rise of the Intangible Economy

Jonathan Haskel, Stian Westlake

2017

Link

2018-09-07

- Jonathan Haskel, Stian Westlake, Capitalism without Capital: The Rise of the Intangible Economy (2017)

Esteem Inequality

America is dividing between the cosmopolian, educated, urban and the conservative, skeptical of elites, traditional. An economy favoring capturing the spill-overs of intangibles rewards openness to new experience that is reported to be lower in conservatives than liberals. Supporters of Trump, Brexit, etc. may not be poor, but feel partonized as esteem inequality rises, according to the author.