Showing posts with label contribution to economy. Show all posts
Showing posts with label contribution to economy. Show all posts
Saturday, June 24, 2023
Brian Easton: The GDP Fetish
Labels: Brian Easton, contribution to economy, GDP fetish, Ministry for Culture and Heritage, UniversitiesWe have it around the wrong way. The issue is not what the arts contribute to market output. It is what market output contributes to the arts – and a lot more besides.
According to its Minister, Carmel Sepuloni, the arts, culture and heritage sector ‘contributed $12.9 billion to our economy’s GDP’ in the year to March 2022. I await a similar release from the Minister for Corrections. A calculation for the justice sector using the same method would find that crime made a similar contribution. (Nobody seems to have done the calculation.) Is that something to celebrate?
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