Balancing Economic Viability and Artists' Creativity During a Global Financial Crisis

The identity of contemporary career artists, particularly marginalised professionals, can be severely compromised because of economic disruptions such as the GFC. These can surface as unemployment, marriage breakups and even homelessness for career artists and can result in the total cessation of career activities or at best new career paths in associated fields. These professional artists more often than not, depending on the degree of marginalised art practice, develop career paths of both simultaneously wanting to belong to contemporary globalised society and also be individually diverse from the mainstream, as they promote their cultural creations in an acceptable contemporary social fabric. They achieve this with exhibitions having marketing and promotional machinations within the media in place to ensure success. Given that diversity is now normal, do these artists’ especially diverse and also fragile career paths necessitate their downfall during tough economic times? Is it socially justifiable that they compromise their creativity, or can we with diversity reflecting our new world order change this trend? It is possible to develop new education and support for those affected by contemporary unexpected economic outcomes, for difference and identity is increasingly paramount for artists expressing individualism, - these artists deserve industry and social backing

Business · Creativity · Economics · Financial crisis · Financial system · Keynesian economics · Political science · Cultural Industries and Urban Development · Law