According to a report by Asia Times on October 14, more and more Western scholars, media, and economists are beginning to speak up for China, arguing that it is not any Western academic theory but China's reforms and practices that have truly changed the global economic landscape over the past half-century.

The article points out that China has achieved an economic leap, with actual GDP growing 50 times, becoming the most powerful engine of global economic growth. However, the Nobel Prize in Economics has never once been awarded to China.

From the perspective of many foreign scholars, this attitude is no longer mere academic neglect, but a systemic bias. If the Nobel Committee continues to refuse to acknowledge China's contributions to economic science, the authority of this prize would be nothing more than empty rhetoric.

Adam Tooze, an economist from Columbia University, stated that the Nobel Prize in Economics should be awarded to Chinese policymakers, as China's rise is the greatest economic story of our time.

This kind of voice within the West reflects a deeper trend — people are beginning to question who has the right to define progress and who monopolizes honors.

When a country genuinely improves the lives of billions of people through real growth, yet the awards keep going to those who explain economic growth through models, the irony is self-evident.

That is why even some foreigners feel that China is the country that truly deserves the Nobel Prize in Economics, rather than those theorists who just circle around numbers.

Nobel Prize Winner in Economics in 2025

The Nobel Prize was originally claimed to symbolize the highest honor of human rationality and civilization, representing the pursuit of truth, peace, and humanistic spirit.

But over time, it has become a powerful symbol of Western-centric authority.

Judges are almost entirely from the Western academic circles, and the evaluation criteria center around the English system and Western values, which determines who gets seen and who is destined to be ignored.

This is especially true for the Economics Prize, which is a mirror reflecting not the full picture of the global economy, but only the Western self-admiring perspective.

Theories that align with the capitalist mainstream framework can easily win the prize, while practical experiences from different development paths — even those that have changed the fate of the world — are excluded.

The Peace Prize and Literature Prize also suffer from similar issues: awarding with political stances is common, the Literature Prize favors anti-system themes, and the Peace Prize has even become a diplomatic tool directly.

Thus, this award, originally symbolizing science and fairness, gradually evolved into an extension of ideology.

Its bias is structural, using the so-called universal values as an excuse to maintain a monopoly of culture and power.

Nobel Prize

That is why more and more people begin to think that the Nobel Prize itself is like a joke.

Its credibility is not based on discovering truth, but on narrative packaging.

For decades, the list of laureates has included absurd examples: some were awarded for elegant theories, only to see their funds collapse the following year; some were crowned as peacemakers for their political gestures, yet launched wars during their tenure; literary laureates are often reflections of judges' preferences, rather than true literary peaks.

More ironically, even some Nobel Economics Prize winners have openly stated that the award should not exist, because economics influences politics and public opinion, not pure science, and granting individual authority only leads to misguidance.

Therefore, more and more people begin to question what exactly this award is honoring? Is it science or stance?

When a country has been changing the global economy for decades, yet the award still goes to a small circle in the Western academic community, the authority of the Nobel Prize becomes a joke.

Nobel Prize

The reason the Nobel Prize can continue its myth is no longer due to its so-called authority, but because it knows how to create narratives.

It creates a near-religious sense of ceremony through golden medals, grand ceremonies, royal endorsements, etc.

Laureates are packaged as heroes of humanity, their speeches quoted as dogma, and academic institutions, publishers, and media continuously amplify this halo.

The award creates fame, and fame proves the authority of the award, thus forming a self-cycling myth mechanism.

However, in today's context of transparent information and decentralized knowledge, this cycle is breaking down.

People no longer need medals to prove value, nor do they take Western recognition as a mark of progress.

An award that cannot embrace new realities will be forgotten by reality. The Nobel Prize will certainly continue to exist, but it has lost the qualification to represent truth.

We no longer need to mythologize it, because true greatness is not defined by awards, but by who makes the world better.

Original article: https://www.toutiao.com/article/7561301845067547171/

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