A Dismal Trajectory For Investment In American Culture

Tim Schneider: “A sharp fall in public funding for cultural organizations since the 1980s has coincided with a sharp rise in private wealth held by the very few. And rather than being some wacky coincidence, these developments have a direct causal relationship, as many elites have spent billions of dollars on think tanks, lobbying firms, and politicians to enact policies that keepsafe mountains of revenue that once went to public causes, including arts and cultural institutions.” – Artnet