Capitalism has made people unable to judge themselves and others except in terms of their material possessions. That's why we're all so sexually repressed.
Sexual repression arose at the same time as the start of the objectification of the self, the discovery of the subject as object and thereby externalisation of the self in consumer goods driven by the needs of capitalism and commodification.
This sort of language is now almost universal in sociological and philosophical academic writing, and sadly literary criticism isn't very far behind. As George Orwell wrote in his 1946 essay "Politics and the English Language":
If you simplify your English, you are freed from the worst follies of orthodoxy. You cannot speak any of the necessary dialects, and when you make a stupid remark its stupidity will be obvious, even to yourself. Political language – and with variations this is true of all political parties, from Conservatives to Anarchists – is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.
The classicist Peter Jones made a similar point, and made it far better than me, here. It's well worth reading.
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