Art as an Industry

Gerry Brady March 7, 2019 10 No Comments

In Germany, for many years now they have recognized that art is an industry and the German government supports artists in many ways. Many large companies employ the art graduates directly from Germany’s art colleges. There are 23 art and design colleges. Art can fuel a future economy in many ways — after all, art is an example of both goods and services in action and humans are both creators and consumers of art. So art increases the velocity of money inside an economy while consuming few natural resources.

“If you have a degree from an art school you are officially deemed a “professional” artist, which means that applications for artistic grants and scholarships count as job applications, which are necessary to continue receiving benefits from the state.

Self-employed individuals are usually not covered by the state-regulated health insurance plans and need to shoulder the cost of private insurance on their own. However, self-employed artists are covered by a specific social insurance system, the “Künstlersozialkasse” (KSK), which entitles them to a 50 percent reduction in insurance fees.

Every big German city has museum collections with permanent and traveling exhibitions, and museums offer plenty of employment opportunities for artists, from part-time work installing exhibitions to permanent roles as registrars, organizing the transport of a museum’s artworks for exhibitions and looking after the work in the collection. In addition to the big museums, there are a large number of exhibition spaces where emerging artists can stage exhibitions of their work for public viewing, as well as many excellent commercial art galleries that help launch artistic careers and offer another venue for seeing great art.

Many professional artists can find short- or medium-term employment as Artists in Residence and work for a set period of time in a cultural institution. There are also plenty of sources for funding in Germany for artists, and many well-run websites to help identify sources of financing.

All in all, there is a huge range of opportunities for art students and professionals in Germany. The fact that the country is a federal system means that the concentration of art schools, museums, and funding for the arts can be found all throughout the country in the different regions, not just in one main area. Unlike the old days, when Paris was the single art capital of France, Germany boasts numerous artistic centers–and numerous sources of inspiration.”

__________

Make your own conclusions, do your own research. Avestix does not offer investment advice.

Disclaimer: All content is presented for educational and/or entertainment purposes only. Under no circumstances should it be mistaken for professional investment advice, nor is it at all intended to be taken as such. The commentary and other contents simply reflect the opinion of the authors alone on the current and future status of the markets and various economies. It is subject to error and change without notice. The presence of a link to a website does not indicate approval or endorsement of that web site or any services, products, or opinions that may be offered by them.

Neither the information nor any opinion expressed constitutes a solicitation to buy or sell any securities nor investments. Do NOT ever purchase any security or investment without doing your own and sufficient research. Neither Avestix nor any of its principals or contributors are under any obligation to update or keep current the information contained herein. The principals and related parties may at times have positions in the securities or investments referred to and may make purchases or sales of these securities and investments while this site is live. The analysis contained is based on both technical and fundamental research.

Although the information contained is derived from sources which are believed to be reliable, they cannot be guaranteed.

Disclosure: We accept no advertising or compensation, and have no material connection to any products, brands, topics or companies mentioned anywhere on the site.

Fair Use Notice: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of issues of economic and social significance. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

Charts: Charts from Stockcharts.com The red arrows are drawn by Avestix and indicate price pulse directional dominance. Arrows indicate PAST price action (not future). No predictions are implied from past action.

Leave a Reply

Your email address will not be published. Required fields are marked *