“In an ever-advancing spiral the public was made to believe that only Hollywood-style extravaganzas were worth seeing and that only they could give an accurate sense of the world of art. The resulting box-office pressure made the museums still more dependent on corporate funding. Then came the recessions of the 1970s and 1980s. Many individual donors could no longer contribute at the accustomed rate, and inflation eroded the purchasing power of funds. To compound the financial problems, many governments, facing huge deficits—often due to sizable expansions of military budgets—cut their support for social services as well as their arts funding. Again museums felt they had no choice but to turn to corporation for a bail-out.”

1980s, "Museums, Managers of Consciousness," 1983

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "In an ever-advancing spiral the public was made to believe that only Hollywood-style extravaganzas were worth seeing an…" by Hans Haacke?

Hans Haacke12

conceptual political artist 1936

Related quotes

“Neither thieves nor officials produce a marketable good to offset what they take; they contribute nothing to the purchasing power because they contribute nothing to the general fund of wealth.”

Frank Chodorov (1887–1966) American libertarian thinker

Source: Fugitive Essays: Selected Writings of Frank Chodorov (1980), p. 273

“The time has come to speak out. Britain is now locked in a vicious spiralling interest rates…The net result of completing the vicious circle is that prices have increased, the rate of inflation has gone up, the money supply has increased, unemployment has gone up, the rate of bankruptcies has increased, the industrial base has been further eroded, the Government's borrowing requirement has increased and as a result there is more pressure to raise interest rates yet again, to be followed inevitably by the same vicious circle. It is this that must be broken.”

Edward Heath (1916–2005) Prime Minister of the United Kingdom (1970–1974)

Speech to the Federation of Conservative Students in Manchester (6 October 1981), quoted in The Times (7 October 1981), p. 6.
Post-Prime Ministerial

“There are many teenage vampire books you could have purchased instead. I'm grateful you made this choice.”

Mindy Kaling book Is Everyone Hanging Out Without Me?

Source: Is Everyone Hanging Out Without Me?

“When the personal worth of individuals is calculated only in money, sense of self becomes confused with financial net worth.”

Vanna Bonta (1958–2014) Italian-American writer, poet, inventor, actress, voice artist (1958-2014)

State of the Art (2000)

“In the days when we could take it for granted that journalism mattered, we could only share assumptions about what it was, how it was delivered and funded, but this is not the case any more.”

Alan Rusbridger (1953) British newspaper editor

Attributed to Alan Rusbridger (2008) in: David Kang (2013) " Essay: Do the cultural industries make money or art? http://forewords.tumblr.com/post/653245658" forewords.tumblr.com. <br class="br">2000s

“Starting on a large scale towards the end of the 1960s in the United States and expanding rapidly ever since, corporate funding has spread during the last five years to Britain and the Continent. Ambitious exhibition programs that could not be financed through traditional sources led museums to turn to corporations for support. The larger, more lavishly appointed these shows and their catalogues became, however, the more glamour the audiences began to expect.”

Hans Haacke (1936) conceptual political artist

1980s, "Museums, Managers of Consciousness," 1983

“For years there has been anger and distrust percolating across many Missouri communities. The citizens in these communities are right to be angry about how they have been treated by their elected leaders. The root of the problems in communities throughout the St. Louis area is that many local municipal governments no longer exist to serve their citizens, and only see them as ATMs to fund their municipal boondoggles.”

Eric Schmitt (1975) American politician, lawyer

Advancing social justice reform for Missouri http://www.stlamerican.com/news/columnists/guest_columnists/article_2324245c-2869-11e6-a766-4f891e7ef660.html (May 31, 2016)

“It is indeed true that the reduction of inflation came at a big price—that Volcker's tightening, for instance, succeeded in lowering inflation only in the wake of a severe recession. But this possibility was, first of all, one concerning which monetarists were perfectly aware: they understood the danger that, once inflation, and accelerating inflation especially, came to be anticipated by the public, putting the breaks on money growth would result in prices and wages continuing for some time to rise beyond their new, less-rapidly rising equilibrium values, with a consequent rise in unemployment.”

George Selgin (1957) economist

In Defense of Monetarism (2008)

“Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself.”

Benjamin Graham (1894–1976) American investor

Part II, Chapter VIII,Ultimate Uses of the Stored Units, p. 103
Storage and Stability (1937)

“Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation. If in the course of such an inflation the rise in commodity prices exceeds the rise in nominal wage rates, unemployment will drop. But what makes unemployment shrink is precisely the fact that real wage rates are falling.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

Help us to complete the source, original and additional information

Hans Haacke12

Related quotes

Related topics