Public/Street Art in Waterloo Region

[danbrotherston]

Direct revenue to the responsible artists.  But what is the rationale for even considering whether they generate direct revenue (i.e. what does it matter?)?

No, that wasn't my point, yes, it costs money to make the art, you also have to pay for materials.

The point is, I spent 100k on a facade to make it look nice.  Everyones' lives around me are improved, but that improvement does not appear on any balance sheet anywhere.

Fundamentally that was my point though, a pure market capitalist system is fundamentally broken, because it only accounts for value which is generated on balance sheets, and not on things which improve our lives.

That is to say, if I had rational shareholders, they would never allow me to spend money on a mural like that because it would not improve the bottom line, yet it is still the right thing to do, and thankfully, our system is not pure.