Between Market and Morality: Analyzing the Illusion of Prestige

🇵🇱 Polski
Between Market and Morality: Analyzing the Illusion of Prestige

Introduction

The modern market is undergoing a transformation from pure profit toward "moral marketing." This phenomenon, described by Vivek Ramaswamy as Prestige, involves creating an illusion where a product ceases to be a mere object and becomes a tangible sign of virtue. This article analyzes how these mechanisms influence public debate, why ESG is currently undergoing a fundamental stress test, and how EU regulations, such as CSRD and DSA, are attempting to replace image-driven theater with hard data. You will learn how to distinguish real responsibility from socialwashing and why transparency is the only antidote to corporate illusions.

Prestige and "Woke" Consumerism as Mechanisms of Division

The concept of Prestige is marketing’s "third act," where an ordinary product is brought back to the stage as a symbol of moral superiority. In this model, morality becomes a tactic, and real investment is replaced by a communicative spectacle. "Woke" consumerism shifts ideological disputes into shopping carts, turning brands into tribal symbols. This leads to "The Big Sort"—a voluntary segregation of lifestyles that destroys the common forum for exchanging arguments.

When the wallet becomes a megaphone, the principle of "one person, one vote" gives way to the market rule of purchasing power. This phenomenon is amplified by surveillance capitalism, as described by Shoshana Zuboff. In this system, human experience is appropriated as a free raw material for producing behavioral data. Without new rules of the game, our information infrastructure gains an "administrative entry" into the sphere of free choice, limiting individual autonomy in favor of market predictability.

Stakeholder Capitalism and the ESG Bubble Verification

Stakeholder capitalism assumes service to all social groups, which Milton Friedman criticized as a dilution of managerial accountability. Currently, the ESG bubble is undergoing a fundamental test—a period of rapid capital inflows has been followed by a cooling-off triggered by allegations of greenwashing and lower returns. Cliff Asness emphasizes that real change requires accepting a higher cost of capital; virtue without a price is merely a calculation error.

In Poland, the pillars of this transformation are banks, which integrate ESG risks into lending processes, and the energy sector. For Polish companies, decarbonization is not a matter of image, but of engineering and costs. To avoid illusion, an institutional architecture based on hard KPIs (e.g., emission intensity per unit of product) is necessary, along with linking executive compensation to measurable results rather than descriptive declarations.

Digital Regulations and Labor Ethics: USA vs. Europe

A clear difference is visible in the approach to digital platforms: the US focuses on freedom of speech and Section 230, while Europe implements the DSA and DMA. This is a procedural constitution that, instead of judging truth, imposes risk management and algorithmic transparency obligations on "gatekeepers." The EU model prioritizes procedural engineering over metaphysical disputes about the boundaries of debate.

Hard regulation also targets socialwashing, which is particularly evident in the misuse of B2B contracts. Companies often promote egalitarianism while pushing employees into self-employment, which erodes ethical labor standards and shifts risk onto the individual. Exposing such practices requires auditability: if "flexibility" masks the characteristics of an employment relationship, we are dealing with a facade. An effective shield against marketing is a system in which every moral declaration must be backed by capital expenditure (CAPEX) and an independent data audit.

Summary

In a world where corporate virtue is often just a marketing costume, are we doomed to cynicism? The answer is not a moral sermon, but system architecture: transparent data, auditable metrics, and precise procedures. Only by separating the wheat of real impact from the chaff of performative spectacle can we restore the market to its proper function. When we translate purpose into metrics and information into transparency, Prestige disappears, giving way to responsible choices and authentic corporate accountability.

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Frequently Asked Questions

What is the illusion of prestige according to Vivek Ramaswamy?
It is a marketing mechanism in which real investments in quality are replaced by a moral spectacle, turning consumption into a form of manifestation of virtue.
What changes does the CSRD directive bring for Polish companies?
It translates general slogans about the common good into hard data formats, introducing the obligation to report auditable ESG indicators.
What is the phenomenon of identity brands?
This is the design of products directly for specific ideological groups, where the sensory characteristics of the product give way to political and ideological declarations.
Is ESG reporting the same as ethical corporate behavior?
Not necessarily; ESG is primarily about disclosure of information and non-financial risk management, which is intended to enable investors to reliably value a company.
How does Europe regulate the power of large digital platforms?
Through the DSA and DMA legislation, which introduce procedural requirements for algorithm transparency and risk management instead of arbitrary disputes over content.

Related Questions

Tags: wokeness illusion of prestige Vivek Ramaswamy CSRD Directive ESG reporting purpose-driven marketing principle of double significance stakeholder capitalism Digital Services Act DSA Section 230 surveillance capitalism auditability KPIs WIG-ESG access guards