"In its conception the literature prize belongs to days when a writer could still be thought of as, by virtue of his or her occupation, a sage, someone with no institutional affiliations who could offer an authoritative word on our times as well as on our moral life"

J.M. Coetzee's quote reviews the altering perception of writers and their function in society with time, particularly in the context of distinguished awards like the literature prize. The quote suggests that there was when a time when writers were thought about sages-- sensible people whose insights and point of views held substantial weight in society. This understanding was partially due to the fact that authors ran independently, without the impact of institutions that may sway their thoughts or dampen their genuine voices.

In the past, authors were typically seen as intellectual leaders whose work used extensive insights into social issues and human morality. Their authority was originated from their capability to observe, analyze, and articulate the human condition and societal mores. This distinct position enabled them to critique, concern, and motivate modification, making their voices not simply relevant however required for cultural and ethical discourse.

However, Coetzee's reflection suggests a transformation in how writers are perceived in modern times. The notion of the author as a self-governing sage has evolved, potentially due to increasing institutional associations or societal changes in how authority is viewed and distributed. In modern-day times, writers might no longer be seen as singular figures differing from the fray, offering untainted wisdom. Rather, they might be perceived as one of many voices in a crowded field of analysts, influenced by various institutional, business, or political interests.

Additionally, the evolution of media and the proliferation of platforms have equalized who gets to speak authoritatively, diluting the previously distinct role of the writer. While literature rewards continue to honor literary achievements, the context in which they exist recommends that the concept of an author operating simply as a sage is perhaps more sentimental than useful in today's complex social landscape. Coetzee's quote invites reflection on what society worths in its writers and how their voices can continue to resonate meaningfully amidst these changes.