Art and Economics :: art economics 21st century artists will finally get paid someone going foot bill creativity information economy creative content nation state most important natural resource wealth creation ideas dependent capacity continually create new forms widely distributed expression need invest human capital throughout merely gadgets hardware venturelli 14 industrial age à philosophical Essays Papers Art and Economics

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Art and Economics

In the 21st century Artists will finally get paid. Someone is going to have to foot the bill for creativity, because in the information economy, creative content is a nation state?s most important natural resource. ?The wealth creation in an economy of ideas is dependent on the capacity of a nation to continually create content or new forms of widely distributed expression, for which they will need to invest in creative human capital throughout the economy and not merely gadgets and hardware.? (Venturelli 14).

Industrial Age à Information Age

As in all philosophical shifts much of the 20th century was spent applying the ideas of the industrial age onto the increasingly visible information age. At the dawning of the 21st century we are still relying on the Research and Development model of the industrial revolution which asserts that artists are valuable because they are involved in unorthodox activities which lead to innovations in the cultural sector and can sometimes even be applied to other sectors. This model values the artists? final products, or ?de... [to view the full essay now, purchase below]

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