Culture Exists Because of the Free Market


The Commerce and Culture podcast provides an Austrian economist’s explanation of how culture would not exist without free trade and advances in technology.

Patron System

  • The patron system limited the artist to just a few clients like the Church, royalty and the nobility, and rich merchants because they were the only ones who could spend money on frivolous art.
  • People during the Renaissance realized that trading with other countries increased their wealth
  • Free trade without the restriction of government policies (embargos, sanctions, wars) also led to the exchange of new cultures and inventions
  • The Renaissance was a rediscovery of ancient Greek and Roman literature, architecture, and math and Europeans relearned by trading with Islamic scholars who kept copies of ancient works.
  • Patrons and commissioned art was no longer the main source of income for artists.
  • Patrons often misunderstand the art process
  • The patron system limited the artist’s ability to develop his style because patrons want a particular style or subject that isn’t the artist’s forte.
  • Quality and uniqueness of commissioned art was sacrificed for quantity
  • However, there was steady income with a patron.

Commercialization

  • New inventions (like the printing press, films, and factories) mass-produced goods which made them cheaper
  • Mass production of books, prints, TV shows, and other mediums of culture led to commercialization which made the arts widely available for the poor and middle class to enjoy.
  • Commercialization led to more people becoming artists and engaging in the art market.
  • More consumers meant more sources of income instead of having to rely on one patron.
  • Art is more affordable now due to prints.
  • Commercialization created more choices for both the artist and consumer.
  • Art festivals are a prime example of the free market at work because there is little government intervention.
  • One can find a variety of art mediums and the prices are negotiable.

What does a lack of free trade look like?

  • Communist countries prevented their citizens from exchanging ideas, goods, and services freely.
  • Thus, there was less innovation
  • My dad grew up under Mao Zedong and he remembers that he only knew of traditional, classical style art instead of newer art forms like pop art.
  • Compare that to current day China, where there’s an explosion of art and a demand for all types because relatively free trade was allowed and sanctions imposed by the West were lifted.

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