Making culture rational … with power

A survey of academic writing on the business of culture will show that authors seldomly restrain themselves from making predictions or giving recommendations to the hypothetical economic actor. This offering of future-oriented arguments to an audience should not be surprising. The disciplines of economics, business, management studies and public policy teach people to theorize market … Continue reading Making culture rational … with power

Hollywood’s mantra: “Nobody knows anything”

Your movie turned out the be a flop? "Nobody knows anything". You mistakenly believed consumers wanted to see a movie set in the 1920s? "Nobody knows anything". You thought your casting decisions were going to be loved by all? "Nobody knows anything". "Nobody knows anything"–this was the opening line of Adventures in the Screen Trade, … Continue reading Hollywood’s mantra: “Nobody knows anything”

Why Scorcese is right about corporate power, Part 2

Missed Part 1? Read it here. Part 1 introduced Scorcese’s argument in his Harper’s essay, which was about much more than Fellini. The first part also explained how we can connect Scorcese’s essay to the drive in the Hollywood film business for major film distributors to differentially accumulate, i.e., beat a benchmark that is relevant … Continue reading Why Scorcese is right about corporate power, Part 2