Art and value
Subtitle: art's economic exceptionalism in classical, neoclassical and Marxist economics
By: By Dave Beech
Series: Historical materialism book series -- volume 94
Publisher: Brill
Published: 2015
Place of publication: Boston
Language: eng
Number of pages: 392
ISBN-13: 9789004288140; 9789004288157
Subjects: Art; Economic aspects
Description: Art and Value is the first comprehensive analysis of art's political economy to be found in classical, neoclassical and Marxist economics. It provides a critical-historical survey of the theories of art's economic exceptionalism, of art as a merit good, and of the theories of art's commodification, the culture industry and real subsumption. Key debates on the economics of art, from the high prices artworks fetch at auction, to the controversies over public subsidy of the arts, the 'cost disease' of artistic production, and neoliberal and post-Marxist theories of art's incorporation into capitalism, are examined in detail. Through this exacting critique of mainstream and Marxist theories of art's economics, the book arrives at a new and highly origianl Marxist theory of art's economic exceptionalism.
Notes: Includes bibliographical references and index.
Table of contents: title: Art and Economics. Art, Value and Economics; title: Art and Exceptionalism in Classical Economics; title: Art and Exceptionalism in Neoclassical Economics; title: Exceptionalism after 1945; title: Exceptionalism after 1966; title: Exceptionalism Reassessed; title: The Economics of Art. On the Absence of a Marxist Economics of Art; title: Art and Productive Capital; title: Art and Merchant Capital; title: Art and Finance Capital; title: Art and Post-Fordism; title: Conclusion.