POLITICAL NATURE OF ARTS, ART PRODUCTION, MARKET MECHANISM AND STATE

Sacit Akdede

JOURNAL OF LIFE ECONOMICS, 2018, vol. 5, issue 2, 1-16

Abstract: The paper investigates the relationship between the methods of funding of arts and the political nature of arts. Firstly, it is explained why state should subsidize the art production according to neo-classical economics theory. Then, various arts are classified and ordered according to their degree of politicness. Arts that depend on more written text and words, such as theater, are more political in nature compared to the arts that do not depend on written text and word, such as classical music. The relationship between art and state along with the relationship between arts and market mechanism is investigated. It is found that state and foundations subsidize the arts with low degree of politicness.

Keywords: The Degree of Politicness of Arts; Arts and Politics Relationship; State and Art Relationship; Arts and Economics Relationship; Market and Arts Relationship (search for similar items in EconPapers)
JEL-codes: Z1 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:v:5:y:2018:i:2:p:1-16

DOI: 10.15637/jlecon.246

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