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The Public Economy of Prestige. Mexican Literature and the Paradox of State-Funded Symbolic Capital

  • Ignacio M. Sánchez Prado
Chapter

Abstract

This chapter is concerned with the concepts of literary field, autonomy and symbolic capital, as manifested in the paradoxical relationship between the literary field and the state. Through a study of Mexico’s National Fund of Artistic Creators (FONCA) and the Young Creators program, the chapter discusses the way in which the “public economy of prestige” (a term elaborated after James English’s idea of “economy of prestige”) creates forms of capital that allow writers in different genres to participate in the literary and social fields. Using cases such as Yuri Herrera and María Rivera as well as discussions on the publication of books, the chapter focuses on the paradoxes of a state-funded literary field that, at the same time, operates under neoliberal principles of transfer of capital from the public to the private sphere.

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Ignacio M. Sánchez Prado
    • 1
  1. 1.Romance Languages and LiteraturesWashington University in St. LouisSt. LouisUSA

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