Art as a Capital Asset
Document Type
Article
Publication Date
12-2013
Abstract
A framework for thinking about the social role of art is developed. Using economic ideas, art is depicted as a capital asset - something that provides insight to society over some period of time. The idea of thinking about art as an asset enables a concrete distinction between high and low art, as well as the possibility that art can "race to the bottom," with low art displacing high art, with the concomitant deleterious consequences.
Repository Citation
Osborne, E. W.
(2013). Art as a Capital Asset. Cultura: International Journal of Philosophy of Culture and Axiology, 10 (2), 23-39.
https://corescholar.libraries.wright.edu/econ/281
DOI
10.5840/cultura201310211
