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

Introduction to the Cultural Economy of Cities

Introduction to the cultural economy of cities

As Peter Hall (1998) has shown in enormous historic and geographic detail, cities have always played a privileged role as centers of cultural and economic activity. From their earliest origins, cities have exhibited a conspicuous capacity both to generate culture in the form of art, ideas, styles, and ways of life, and to induce high levels of economic innovation and growth, though not always or necessarily simultaneously. At the dawn of the twenty-first century, a very marked convergence between the spheres of cultural and economic development seems to be occurring. This is also one of the distinguishing characteristics of contemporary urbanization processes in general.

These remarks are based on the notion that capitalism ...

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