Capitalism: An economic system based on the production of goods for profit, and the private ownership of the means of production.
Max Weber’s famous text The Protestant Ethic and the Spirit of Capitalism (1905) is surely one of the most misunderstood of all the canonical works regularly taught, mangled and revered in universities across the globe.
What is art for? "L'art pour l'art" wrote Théophile Gautier as a slogan in 1835. And today's bohemians continue to repeat the creed "Art for art's sake." It's a catchy slogan, still what most people unreflectively tell themselves when confronted with the question: "What is the purpose of art?"