• Summary
  • Contents
  • Subject index

Culture is big business. It is at the root of many urban regeneration schemes throughout the world, yet the economy of culture is under-theorized and under-developed. In this wide-ranging and penetrating volume, the economic logic and structure of the modern cultural industries is explained. The connection between cultural production and urban-industrial concentration is demonstrated and the book shows why global cities are the homelands of the modern cultural industries. This book covers many sectors of cultural economy, from craft industries such as clothing and furniture, to modern media industries such as cinema and music recording. The role of the global city as a source of creative and innovative en


The chapter that now follows brings the discussion to a close by laying out some elements of a political economy of the cultural commodity. The increasing convergence of the cultural and the economic orders in modern capitalism is reaffirmed, and the predicament-laden nature of this situation is stressed. The local and the global dimensions of the cultural economy are also reviewed, with special attention being paid to the increasingly important role of large multinational corporations in mediating between the different spatial scales over which the modern cultural economy operates. The chapter concludes with a series of remarks on cultural politics, not only in terms of the aggressive incursions of the cultures fabricated in a few privileged places into other places all over the world, ...

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