Art and Value: Art's Economic Exceptionalism in Classical, Neoclassical and Marxist Economics

Art and Value: Art's Economic Exceptionalism in Classical, Neoclassical and Marxist Economics - Historical Materialism Book Series

Paperback (14 Jun 2016)

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Publisher's Synopsis

Shortlisted for the 2015 Deutscher Memorial Prize.

Art and Value is the first comprehensive analysis of art's political economy to be found in 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, from the high prices artworks fetch at auction, to the controversies over public subsidy of the arts, the 'cost disease' of artistic production, and neoliberal and post-Marxist theories of art's incorporation into capitalism, are examined in detail.

Through this exacting critique of mainstream and Marxist theories of art's economics, the book arrives at a new and highly origianl Marxist theory of art's economic exceptionalism.

Book information

ISBN: 9781608466382
Publisher: Haymarket Books
Imprint: Haymarket Books
Pub date:
DEWEY: 338.477
DEWEY edition: 23
Language: English
Number of pages: x, 392
Weight: 570g
Height: 155mm
Width: 276mm
Spine width: 23mm