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 1: Globalization and the Cultural Economy: A Crisis of Value?
Globalization and the Cultural Economy: A Crisis of Value?
This chapter argues that the interaction between the economic and cultural consequences of globalization has resulted in a crisis of value. The crisis exists in the contemporary cultural economy at both micro ...