This second volume, The Cultural Economy, analyzes the dynamic relationship in which culture is part of the process of economic change that in turn changes the conditions of culture. It brings together perspectives from different disciplines to examine such critical issues as: The production of cultural goods and services and the patterns of economic globalization; The relationship between the commodification of the cultural economy and the aesthetic realm; Current and emerging organizational forms for the investment, production, distribution and consumption of cultural goods and services; The complex relations between creators, producers, distributors and consumers of culture.
Chapter 22: Festivals: Seeking Artistic Distinction in a Crowded Field
Festivals: Seeking Artistic Distinction in a Crowded Field
This chapter argues that expectations of economic returns from international artistic festivals are highly exaggerated: only a handful among them actually generate such returns, thanks to factors such as ...