Full Description
Art and Value is the first comprehensive analysis of art's political economy throughout classical, neoclassical and Marxist economics. It provides a critical-historical survey of the theories of art's economic exceptionalism, of art as a merit good, and of the theories of art's commodification, the culture industry and real subsumption. Key debates on the economics of art are examined in detail. Subjecting mainstream and Marxist theories of art's economics to an exacting critique, Art and Value concludes with a new Marxist theory of art's economic exceptionalism.
Contents
Acknowledgements
Introduction
PART ONE
1. Art, Value and Economics
2. Art and Exceptionalism in Classical Economics
3. Art and Exceptionalism in Neoclassical Economics
4. Exceptionalism After 1945
5. Exceptionalism After 1966
6. Exceptionalism Reassessed
PART TWO
7. On the Absence of a Marxist Economics of Art
8. Art and Productive Capital
9. Art and Merchant Capital
10. Art and Finance Capital
11. Art and Post-Fordism
Conclusion
Bibliography
Index
