You know this will be good, don\’t you?
A reason to be cheerful: Britain is exceptionally good at some things. With a dead economy, a million young people kicking their heels, exports anaemic and worse cuts to come, hope itself can look hopeless. So what would you do? Analyse what we do best and invest in our talents to the hilt.
Strangely, I actually agree here. So, what is Britain best at? Looks like international financial services to me. In The City we host the largest, finest, most efficient and most profitable part of the entire global financial system.
We\’d better get investing there then.
Of course, this isn\’t what Polly means: she means luvvies.
Matilda opens on Broadway, winning Tony awards after years of preparation, and War Horse plays around the world earning millions, but none of that happens without risk, daring and investment in trial and error, in the regions and at the National. Sellout triumphs don\’t come to order, ready-made.
How excellent. So they can pay for the experimentation themselves, out of the profits they make on the hits then. This is how the pharmaceutical business works. It\’s how venture capital works.
Hmm, what\’s that? You mean that state part doesn\’t actually get the full profits of the hits? Those get siphoned off by the producers, writers, directors and so on? Vast fortunes are made by hte luvvies when these state shows do transfer and the state gets a pittance?
Don\’t we call that privatisation of profits and socialisation of losses?
This week\’s opening of Birminham\’s magnificent library reminds how public culture cheers in a depression – but Westminster and Somerset have cut all arts.
Tim Almond has sent in this comment: Birmingham\’s library. £188m apparantly. You could give everyone in Birmingham 3 Kindles for that.
And then we get this corker:
A generation of children risk having little experience of art, music and drama. Yet those are what people often remember most, pleasures lasting for life: 10 million people are involved in voluntary arts groups and amateur dramatics. Yet community arts are disappearing from university courses.
If we\’ve a fifth of the adult population doing all this arts creativity stuff just for fun then I don\’t think we need to worry about it dying out, do we?