Notes and Reflections on Books and Media
by Hannah Leitheiser
Capitalism without Capital: The Rise of the Intangible Economy
Jonathan Haskel, Stian Westlake
- Jonathan Haskel, Stian Westlake, Capitalism without Capital: The Rise of the Intangible Economy (2017)
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.