Sunday, October 2, 2011

week 5 reading; should government support the arts

  • Pros of subsidies to the arts
    • broaden the soul of a nation
    • focus less on materials and more on morals, customs, and manners
    • heightens industry ex: France
  • Cons of subsidies to the arts
    • takes subsidies away from other institutions like museums and universities 
    • would harm cycle of needs and desires alternate in terms of primary use
  • Opposing subsidies for something does not mean you oppose said thing
    • simply means they should generate their own money
  • Where do subsidies go?
    • (visible side) they go to the main workers and employees and employers
  • Where could they have gone?
    • (invisible side) aid taxpayers whose wallets the money came; beyond that is comjecture
  • Public spending
    • results in relocations not gains
    • benefits one worker in place of another
    • substitution for private spending
    • adds nothing to the working class as a whole

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