Questions of value

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Chapter 3 in Cultural Policy Beyond the Economy, 2023, pp 51-70 from Edward Elgar Publishing

Abstract: With the increased hegemony of the economy within the art world complex, have come attempts to measure and quantify the value of art and culture. A result is a hollowing out of traditional assumptions of value and the triumph of the view that instrumental value is the most important. The adoption of the notion of cultural value was in part an attempt to push back on these trends but, as the chapter demonstrates, the dominance of instrumentalism remains. Intriguingly, it has been economists who have been particularly active in trying to find a space for culture and public value within the paradigms of economics and it is this work that is influencing many within cultural policy studies keen to assert more consensus approaches to the determination of value.

Keywords: Economics and Finance; Geography; Politics and Public Policy Sociology and Social Policy; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2023
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