Commerce and Culture: When is a Network Not a Network?

  • Film developed quickly in the first thirty years of it’s existence due to a relatively free market
  • Movie studios were unlicensed unlike radio
  • The government limited the number of stations owned
  • It was illegal for a network to own more than five stations
  • The feedback mechanism from the consumer is important

Movies and TV Shows Flourished Without Government Intervention

  • Movies are a prime example of commercialized art
  • It was a novelty and the first films were random clips of things like people walking or trains moving, and they had no story
  • Film was a reason to overcome contempt for commercial culture
  • Academia lagged behind in accepting film as a form of study
  • Scholars didn’t consider films as an art form because it had no solitary artist creating one work all by himself
  • The single creator mindset was from the classical era, and it was only legit art if it was written and directed by one person alone
  • One critique of Hollywood was the films had no artistic unity
  • Casablanca was one example and it had nine directors
  • It was thought that too many directors would spoil the broth, so to speak
  • Hollywood and art is unpredictable
  • Some produce brilliant works when given free rein and no direction, others failed

The Economics of Modernism

  • 19th-century novels were rejected by academics because it was considered vulgar like pop culture today
  • Mass production of novels reached wider audiences
  • Poor literacy rates increased due to mass printing and better printing presses
  • Niche marketing came about because of modernism
  • Niche marketing provided collectibles and higher quality goods
  • Niche was a throwback to patrons

History and Culture: Free Markets Liberated the Arts

It’s week three of module 4 and I’ve made fast progress in consuming content! Last week I reviewed and learned about the different types of philosophical fallacies and this week I’ll focus on history and culture.

Here are my notes from today’s lectures. Continue reading History and Culture: Free Markets Liberated the Arts