Artists
3 important questions on Artists
Can you describe the 3 most important characteristics of artistic professions?
- Precarious.
- Freelance basis.
- Success can fade away quickly.
- Due to meritocratic idea people blame themselves for structural failing.
- Poorly paid.
- Polerization of market; winner takes most.
- Artist's income very unevenly spread.
- Rosen's economy of superstars.
- Unequal.
- Inequalities of gender, race, class, sexuality, age etc.
What can you tell about the economics of superstars by Sherwin Rosen (1981)?
- Talent is normally distributed across the population: few with little talent, many with mediocre talent, few with lot of talent.
- There one might, incorrectly, think succes should be distributed the same.
- Success in the creative industries IS NOT normally distributed.
- Nobody wants artists with mediocre talent, so those have no succes.
- Box-office appeal: Only a battle over the artists with extreme amounts of talent and/or status.
- Result:
- Majority of artists has hardly any succes, relatively few have lots (winner takes most).
Artistic proffesions are occupational careers like any other professions, but they have three broad differences.
Can you name them?
- Non-standard careers.
- Non-standardized work.
- Highly differentiated products.
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