By Julian Sterling, Senior Anthropological Correspondent
January 17, 2026
The Nobel Peace Prize, once the gold standard of global moral authority, is currently facing a factual existential crisis that has many in Oslo whispering the unthinkable: the prize may finally have outlived its own utility. On January 15, 2026, the award was catapulted into a satirical theater of the absurd when the 2025 laureate, María Corina Machado, presented her physical medal to U.S. President Donald Trump in the Oval Office. Machado described the gesture as an act of “mutual respect” following the U.S. capture of Nicolás Maduro earlier this month.
While the Norwegian Nobel Committee was quick to issue a defiant statement that the prize “cannot be revoked, shared, or transferred,” and that the title of laureate remains “inseparably linked” to the original winner, the damage to the award’s brand is arguably permanent. Norwegian lawmakers have already begun to “rip” the President for accepting the medal, calling the exchange “unbelievably embarrassing and damaging” for an award that is supposed to foster fraternity between nations, not serve as a trophy in a high-stakes geopolitical snatch-and-grab.
The controversy highlights a “Governance Gap” in the Nobel statutes. Alfred Nobel’s 19th-century will did not account for a 2026 reality where the hardware of peace can be gifted like a swag bag during a diplomatic meeting. With international hostilities deepening and global military spending rising at its fastest pace since World War II, some experts, including directors of peace research institutes, have questioned whether the prize should simply be withheld or abolished to avoid further “politicization and dangerous legitimation”. If the Peace Prize continues to be used as a prop in what critics call “illiberal populist theater,” the committee may find that the only way to save the Nobel name is to retire the Peace category entirely.

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