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Ilya Repin, portrait of Pavel Tretyakov, 1901. The contemporary economics of culture most often takes as its starting point Baumol and Bowen's [1] seminal work on the performing arts, which argues that reflection on the arts has been part of the history of economic thought since the birth of modern economics in the seventeenth century.
Three kinds of economic agents determine these values. Specific experts like gallery owners or museum directors use the first, social value. Experts like art historians and art professors use the second, artistic value. Buyers who buy works of art as an investment use the third, the price history and expectations for future price increases.
A strong relationship between the arts and politics, particularly between various kinds of art and power, occurs across historical epochs and cultures.As they respond to contemporaneous events and politics, the arts take on political as well as social dimensions, becoming themselves a focus of controversy and even a force of political as well as social change.
How Art Made the World is a 2005 five-part BBC One documentary series, with each episode looking at the influence of art on the current day situation of our society. [ 1 ] [ 2 ] "The essential premise of the show," according to Nigel Spivey , "is that of all the defining characteristics of humanity as a species, none is more basic than the ...
Modernism was an early 20th-century movement in literature, visual arts, and music that emphasized experimentation, abstraction, and subjective experience. [2] Philosophy, politics, architecture, and social issues were all aspects of this movement.
In the preface to the essay, Benjamin presents Marxist analyses of the organisation of a capitalist society and of the place of the arts in a capitalist society, both in the public sphere and in the private sphere; and explains the socio-economic conditions of society to extrapolate future developments of capitalism that will result in the economic exploitation of the proletariat, and so will ...
In her 1970 book Meaning and Expression: Toward a Sociology of Art, Hanna Deinhard gives one approach: "The point of departure of the sociology of art is the question: How is it possible that works of art, which always originate as products of human activity within a particular time and society and for a particular time, society, or function -- even though they are not necessarily produced as ...
[citation needed] The indigenous art of Australia often looks like abstract modern art, but it has deep roots in local culture. The art of Oceania is the last great tradition of art to be appreciated by the world at large. Despite being one of the longest continuous traditions of art in the world, dating back at least fifty millennia, it ...