the music industry


I have been really doubting the business side of classical music lately,
wondering if art in general should be considered an industry.
Can't something beautiful be created without being driven by money,
without the creator wondering where their next paycheck will be?
Oh, to have lived in the halcyon of the days of the Medici patronage of Renaissance Florence!
(Though I bet Michelangelo had it rough too...)


"Price is a public matter — a negotiation between supply and demand. A thing’s price is set in competition. So the price of a car is determined by how much some people want it, how much they are willing to pay, and how ready the manufacturer is to sell. It’s a public activity: lots of people are involved in the process, but your voice is almost never important in setting the price.

Value, on the other hand, is a personal, ethical and aesthetic judgment — assigned finally by individuals, and founded on their perceptiveness, wisdom and character."
The difference between price and value – and other essential tools of cultivating a healthy relationship with money.
via {explore}

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