Factory spewing music notes
Not everyone buys my claim that entrepreneurship is impossible in art, so I want to spill a few more pixels on this question. Whether or not you agree with me, you’ve got to admit that entrepreneurship hasn’t been a winning formula for artists as a whole—unsurprisingly so when you examine the fundamental characteristics of both disciplines. Art is infinitely scalable, communal, inherently subjective, and useless by design. Entrepreneurship is scarcity-based, individualistic, inherently objective, and pragmatic by design. Both are creative activities, but of opposite types.
When you look more closely you’ll notice that “art entrepreneurship” is and has always been about art technology, not art itself. (more…)
Why exactly do rich people give money to the arts? If you think about it, the two are strange bedfellows: wealth usually begets conservatism while the arts tilt overwhelmingly liberal. Granted, there are certainly rich liberals, but I think there’s more to it than that—after all, some of the biggest arts donors in the USA are also some of the biggest backers of the Tea Party, and red states are significantly more philanthropic than blue ones. Why would conservatives give money to liberal causes like art?
You could simply say that rich conservatives support art because some of them enjoy art. Or, that since the rich have the most money, donors will by definition come from that group. But that’s an incomplete answer, and it doesn’t match what we see in philanthropy statistics. Among high net worth donors, the arts is the #3 most widespread category in terms of charitable giving, just after education and basic needs—but ahead of health and religion. For non-wealthy donors, religion is the #1 most common recipient and art doesn’t make it into the rankings. (more…)