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Decommodify the 2030 Agenda: Why and How to Finance What Is Not Profitable?

Author

Listed:
  • Telma Barrantes-Fernández

    (Faculty of Education and Psychology, University of Extremadura, 06006 Badajoz, Spain)

  • Esteban Cruz-Hidalgo

    (Faculty of Law, University of Extremadura, 10004 Cáceres, Spain)

  • José Francisco Rangel-Preciado

    (Faculty of Economics and Business Sciences, University of Extremadura, 06006 Badajoz, Spain)

  • Francisco Manuel Parejo-Moruno

    (Plasencia University Center, University of Extremadura, 10600 Plasencia, Spain)

Abstract

The 2030 Agenda serves as a guide for current economic policy. Despite this, the dominant political and economic discourse still relies on the market for success. Incentives are being developed to create business opportunities that align with the sustainable development goals. However, funding for these projects ultimately depends on their potential profitability. As a result, economic growth is seen as a necessary condition for achieving the 2030 Agenda. This approach leaves culture and the arts behind, as they are difficult to commodify. The artist job market highlights the tension between the democratic value of the arts and the values of the capitalist system. This challenge is seen in both the field of cultural economics and in discussions of culture’s role in meeting the 2030 Agenda’s sustainable development goals. To address this, the study proposes incorporating culture into a funding strategy not based on the private market by using the employer of last resort or job guarantee policy for future applications. This will redirect focus from the economic value of the arts to their value for human development, ultimately realizing the goals set by the 2030 Agenda.

Suggested Citation

  • Telma Barrantes-Fernández & Esteban Cruz-Hidalgo & José Francisco Rangel-Preciado & Francisco Manuel Parejo-Moruno, 2023. "Decommodify the 2030 Agenda: Why and How to Finance What Is Not Profitable?," Sustainability, MDPI, vol. 15(5), pages 1-16, February.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:5:p:3966-:d:1076428
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