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Manuel Castells: Aftermath The Cultures of the Economic Crisis
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Aftermath - Manuel Castells - Bok () | Bokus
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President Obama has tried to help by directing stimulus money at the arts, but his latest budget sees overall funding decline.
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With state support forming such a small proportion of revenue, theatres, museums, orchestras and the like have been hit badly by falling ticket sales due to the recession. Philanthropy has been hit too, with rich individual donors and foundations seeing their investment income plummet, taking with it their ability to dish out cash.
Ed Pilkington. It was always going to take more than a recession to end France's love affair with the arts. But there are cracks. While the cultural powerhouses boomed, lesser-known institutions, often outside Paris, had their funding slashed and now see their futures hanging in the balance.
Biggest casualty The , a much-vaunted Paris arts space opened in , has already fallen on hard times. Dublin is seeking Unesco designation as a City of Literature, but at a time when funding for writers has been slashed.