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Will government funding of the arts be a necessity toward the prosperity of arts? Of course, as the most stable source of funding, government support cannot be excluded. However, if assessing it deeper, we can find several potential threats including information asymmetry and integrity threatening. Government funding contributes largely to the development of arts, not only financially, but also reputedly. First of all, government funding, compared to commercial and social ones, comes from a more stable source. As long as the national fiscal remains healthy and the policy towards arts unchanged, the part of budget for art is mostly guaranteed. However, private funding is subject to change drastically due to several factors like the operation status of that institution, its profitability and influence of the board of executives’ decision etc. Moreover, government funding on arts playing more of a demonstrative role to the society, encourages which to extend help and support in order for the prosperity of arts. However, the information asymmetry can be a serious blockade between government and the arts. First of all, the development of the arts is rather independent and affected little by government policies. Besides, unlike other commercial industries like manufacturing, hospitality and IT etc., there are no exact statistics that could measure the development of the arts, which add up the difficulty for a third party to fully understand it. As a result, the government may find it difficult to plan the funding for the arts, if without reliable source about in which part that the arts needs the support most. For example, the government may only see the direct need for building a museum to showcase the art works, however, the potent financial support for some independent artists for their life stipend or creation funds may be largely ignored in this case. Moreover, with the economic support from the government, the arts is subject to serving the political purposes of some politicians. Due to the feature of arts, it has an imperceptible influence on the public opinion. Besides, it may also magnifies and dramatize some public angers to make it appear to be more serious than it ought to be. Let’s take the health insurance policy for example. A few comic pictures depicting some tortured face moaning over their financial difficulty on covering medical bills will win a lot of public empathy on the very political campaign. As a result, the arts is under potential danger of being relegated to political weapon and loses its function as aesthetics and revealing of the artists’ inner emotion and mindset. To solve the problems when the government funds the arts, it is recommended to establish an third party, which better driven by an independent institution like universities to assess the current situation about the arts and write reports to suggest the government a best funding plan. Besides, in addition to direct financial support, the government should also encourage the non-government organizations and private institutions to fund the arts. |
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