Exploring Taste and Economic Influence on Art

Capitalism and the internet enhance the ability to develop good taste by reducing search costs, broadening the scope of discovery, and providing access to informed critical opinions. Conversations and platforms for sharing thoughts make it easier to seriously engage with varied cultural outputs without geographical limitations. While there is a potential for bad taste to proliferate, this doesn't negate the positive impacts of economic systems on artistic appreciation. Economic progress correlates with artistic output; a flourishing market can provide the financial resources for artists, technological advancements for creation, and attract an audience willing to engage with new art. Historical examples, such as Shakespeare's rise in Elizabethan England, illustrate that economic prosperity and cultural development are linked, suggesting that a significant increase in GDP could likely lead to a parallel growth in the generation of quality art.