In Praise of Commercial Culture

In Praise of Commercial Culture

by Tyler Cowen
In Praise of Commercial Culture

In Praise of Commercial Culture

by Tyler Cowen

eBookUnabridged (Unabridged)

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Overview

Does a market economy encourage or discourage music, literature, and the visual arts? Do economic forces of supply and demand help or harm the pursuit of creativity? This book seeks to redress the current intellectual and popular balance and to encourage a more favorable attitude toward the commercialization of culture that we associate with modernity. Economist Tyler Cowen argues that the capitalist market economy is a vital but underappreciated institutional framework for supporting a plurality of co-existing artistic visions, providing a steady stream of new and satisfying creations, supporting both high and low culture, helping consumers and artists refine their tastes, and paying homage to the past by capturing, reproducing, and disseminating it. Contemporary culture, Cowen argues, is flourishing in its various manifestations, including the visual arts, literature, music, architecture, and the cinema.

Successful high culture usually comes out of a healthy and prosperous popular culture. Shakespeare and Mozart were highly popular in their own time. Beethoven's later, less accessible music was made possible in part by his early popularity. Today, consumer demand ensures that archival blues recordings, a wide array of past and current symphonies, and this week's Top 40 hit sit side by side in the music megastore. High and low culture indeed complement each other.

Cowen's philosophy of cultural optimism stands in opposition to the many varieties of cultural pessimism found among conservatives, neo-conservatives, the Frankfurt School, and some versions of the political correctness and multiculturalist movements, as well as historical figures, including Rousseau and Plato. He shows that even when contemporary culture is thriving, it appears degenerate, as evidenced by the widespread acceptance of pessimism. He ends by considering the reasons why cultural pessimism has such a powerful hold on intellectuals and opinion-makers.


Product Details

ISBN-13: 9780674029934
Publisher: Harvard University Press
Publication date: 07/01/2009
Sold by: Barnes & Noble
Format: eBook
Pages: 288
Lexile: 1310L (what's this?)
File size: 412 KB

About the Author

Tyler Cowen is Professor of Economics at George Mason University.

Table of Contents

Contents Introduction 1. The Arts in a Market Economy 2. The Market for the Written Word 3. The Wealthy City as a Center for Western Art 4. From Bach to the Beatles: The Developing Market for Music 5. Why Cultural Pessimism? Notes Index

What People are Saying About This

At a time when critics on both the left and the right decry the degradation of the arts and call for censorship, we need reminding that the very market processes responsible for offensive art have fueled unprecedented artistic diversity, generated technologies to preserve masterpieces, and brought to the masses arts that were once just privileges of the rich. Drawing on vast literatures and using delightfully parsimonious arguments, Tyler Cowen rises to the challenge. Balanced and sensible, yet also provocative and entertaining throughout, In Praise of Commercial Culture will give pause to anyone who thinks that the golden age of the arts has passed.

Mark Blaug

In Praise of Commercial Culture is a lively and well-informed defense of the values of an unsubsidized free market for artists...I learned more from this book than from so many others that argue the standard view. As a bonus, the book is a pleasure to read.
Mark Blaug, author of Economic Theory in Retrospect and The Methodology of Economics

Timur Kuran

At a time when critics on both the left and the right decry the degradation of the arts and call for censorship, we need reminding that the very market processes responsible for offensive art have fueled unprecedented artistic diversity, generated technologies to preserve masterpieces, and brought to the masses arts that were once just privileges of the rich. Drawing on vast literatures and using delightfully parsimonious arguments, Tyler Cowen rises to the challenge. Balanced and sensible, yet also provocative and entertaining throughout, In Praise of Commercial Culture will give pause to anyone who thinks that the golden age of the arts has passed.
Timur Kuran, author of Private Truths, Public Lies: The Social Consequences of Preference Falsification

Thomas C. Schelling

This book is full of surprises. It not only informed me wonderfully, it changed my mind. The subject is irresistible, and the analysis, solidly based in history, is compelling. After you enjoy reading it, you can enjoy telling your friends about it.
Thomas C. Schelling, author of The Strategy of Conflict, Micromotives and Macrobehavior, and Choice and Consequence

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