Abstract

Along the triumph of neoliberalist societal politics a profound process of marketization has been characteristic of national societies and world society since the 1980s. Owing to this process, both national societies and world society have increasingly functioned in the same way as capitalist enterprises function in “free market economy.” This process has also widely shaped national cultural politics and art worlds, as well as international or transnational art worlds. There are, however, differences between individual countries in how widely they have carried out this sort of politics. In part, the chapter explains these differences by presenting a typology of contemporary capitalist economies. Likewise, it explicates concepts like creative economy and the competitive state by which cultural theorists emphasize art’s increasing role in current capitalist economy.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.