Why Do Poets Hate Capitalism?

What is it with poets and capitalism? The two, it seems, are like oil and water.

At the end of last year, Alice Oswald and John Kinsella withdrew their respective books from consideration for the T.S. Eliot Prize because the £15,000 award was being underwritten by Aurum Fund Management. Oswald suggested that it is unethical for a literary prize to be sponsored by an investment firm that manages hedge funds. As an "anti-capitalist," he stated, "Aurum does not sit with my personal politics and ethics."

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