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It's only the latest iteration of post-1980s capitalism which has disconnected us so much from the common good, our collective interest in care and compassion. Before that, capitalism wasn't really like that – and if you think about the style of capitalism we observe in continental Europe and Asia – there's been a much higher emphasis on community.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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I remember one particular interview with a boy, Peter, aged just 14. He told me how he posted on Instagram and then waited and waited for someone to like his posts. When they didn't' it made him feel awful and invisible. It's so heart-wrenching to think of that.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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Whether we look at the rioters who converged on the capital, the Gamestop Redditors, Incels or Qanon followers, what they have in common is that they're groups of people who are lonely and craving community. Right wing populists have very effectively spoken to this feeling. Trump and Le Pen talk about the 'forgotten people' they say 'we hear you' – That fundamental need for human connection is missing for significant swathes of our population, and that's dangerous.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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Social media platforms are the tobacco companies of the 21st century, and they need to be regulated – especially when it comes to children. These platforms are selling a highly addictive product and continue to allow abuse and hatred on their platforms. Over 33% of all UK 18–24-year-olds have experienced abuse on Facebook.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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Loneliness is thought to be as bad for our health as smoking 15 cigarettes per day. We're essentially creatures of togetherness. We are hardwired to connect and so when we're lonely, an alarm bell goes off within our bodies that triggers fight or flight mode. Our heart rate goes up, our stress levels go up, our pulse rate goes up and our blood pressure goes up.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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The neo-liberal capitalist mindset has also been a huge contributor to loneliness. Since the 1980s, alongside Margaret Thatcher and Ronald Reagan, a new form of economics came to the fore which enshrined the pursuit of self-interest over the pursuit of collective good. That generated the mindset we see today- me first, dog-eat-dog, greed is good… that inevitably begets a world where people feel less connected to each-other, more atomised, and many ended up feeling marginalised and unseen.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
"
Whether we look at the rioters who converged on the capital, the Gamestop Redditors, Incels or Qanon followers, what they have in common is that they're groups of people who are lonely and craving community. That fundamental need for human connection is missing for significant swathes of our population, and that's dangerous.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
"
Loneliness is thought to be as bad for our health as smoking 15 cigarettes per day. If you're lonely, you have a 32% higher chance of getting a stroke, a 29% higher chance of having heart disease and 30% higher chance of dying prematurely.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
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Loneliness very much defines what this century has become. It's a feeling of being disconnected from our government, our fellow citizens and our employer. That feeling of being invisible, unseen and unheard occurs not just from those we are closest to but also from our workplace and state.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society
"
The neo-liberal capitalist mindset has been a huge contributor to loneliness. Since the 1980s, a new form of economics came to the fore which enshrined the pursuit of self-interest over the pursuit of collective good. That generated the mindset we see today- me first, dog-eat-dog, greed is good.
— Noreena Hertz
Economist & Author on Globalization, Corporate Power & Digital Society