MUSI 42525 Economies of Music
This seminar provides graduate students with an introduction to the economics of music, focusing on historical developments since the advent of mechanical reproduction and radio broadcasting around 1900. Key topics include the labor of music-making, the evolving relationship between musical production and technology, and the commodification of music—published, performed, recorded, licensed, and streamed. We will examine the growth of the global music industry and critically engage with issues such as remuneration, exchange, and assetization. These discussions will be framed within broader debates on late capitalism, addressing themes like income inequality, tax policy, vocational versus avocational labor, intersectionality and the social movements of the New Left, productive versus reproductive labor, and the potential decline of neoliberalism amidst shifting geopolitical dynamics. A central question will be whether music—given its metaphysical and intensely affective qualities—harbors a unique or distinctive status within larger economies of aesthetic, cultural, and material production. Readings will draw from a wide range of disciplines, including music studies, history, anthropology, law, economics, media studies, philosophy, and critical theory.