The success of the new invigoration of the country’s spirit contributed to a wealthy economy, particularly in cities such as Florence, which became a center for banking. A rich merchant class came to be, and this produced patrons of the Renaissance artists—encouraging even more of the prosperity that the movement had started. Naturally, Italy grew into a center of trade for Europe, which would launch the Renaissance’s
THESIS STATEMENT During the Renaissance, Florence profited from a mercantile economy due to the guilds, the quality and variety of goods and the style and management of the market place. PURPOSE STATEMENT Through historical and economic data this research paper will express how Florence flourished from a mercantile economy in the Renaissance. INTRODUCTION The Renaissance was the rebirth of Europe and it all started in the city of Florence. Florence and everything that made a standard Renaissance city: painters, sculptors, writers, architects, and a vivid culture. Soon all of Europe would follow in Florence’s footsteps and “the setting is so rich, varied, rambunctious, and inventive as Italy in the Renaissance” (Cohen 1).
Then they made the banking system which was a huge boom. This gave Florence a lot of money and saved merchants or travelers from getting shipwrecked or robbed. After this they had tons of money which they willingly sent on tons of art and architecture. This was very important because it added lots of value to the city of Florence. All of this was great but the dome built on Santa Maria del Fiore.
Popularised due to the increase of wealth in Italy during the Renaissance, Patronage played an important role in the development of individual geniuses in art. Many wealthy families of the aristocratic Italy contributed greatly to the success of many artists in this time. They did this by drawing attention to the arts and supporting the industry by commissioning visual propaganda, works of art for displays of prestige and memorials. Patronage involved the patron commissioning and specifying most of the aspects of an artwork to an artist. These aspects include size, medium, subject matter, and precious materials used within the artwork.
The Impact of the System of Patronage Upon Works of Art During the Renaissance, the system of patronage came into being, mainly as a reflection of the increasing capitalist emphasis being placed on life in Renaissance Italy, most notably in Florence. In its very nature as a commercial, capitalist place, Renaissance Italy was a hugely competitive place. It was therefore not surprising that works of art were very often commissioned for competitive reasons. During the Renaissance, art was not just as we think of it today, as an expressive, interesting creation. Art was a focal point of society, and a very powerful tool that powerful people used to gain an advantage.
In the late fifteenth, and early sixteenth centuries the first economic Golden Age began. Two families, the Fugger's and Medici's were of immense wealth and power. Both helped to finance projects for certain people and institutions of power, like the Pope, English Monarchy and the Holy Roman Empire. Their economic success and political influence caused much turmoil then, and even more in the future. Because of the Fuggers' and Medici's wealth and power in society they easily influenced politics, especially ecclesiastical governance by usury and sale of indulgences.
Italy itself was made up of city-states in which power was shared by leading families. By 1400 its leading city-state, Florence, had established stable self-government and great wealth through textile trading and banking, leading to a shared feeling of optimism and power. Responsible for the wealth of Florence, the ruling class of merchants, manufacturers and bankers were proud, competitive, academically curious and culturally astute. This wealth made patronage of the arts and the growth of Renaissance culture possible. In turn patronage was a way of demonstrating one’s wealth and power.
By creating that air of comfort and patronage, the Renaissance was able to flourish under the Medici family. The Medici’s were a very influential family during Renaissance Europe. They used their money and power to built up the city of Florence and to advocate the study of art, literature and the ideas of Humanism. The Medici family made significant contributions to the European and Itallian Renaissance.
The Italian cities of Venice and Genoa had grown rich on trade, largely with Byzantium and the Orient. Florence had become rich as a result of trade in wool, silk and jewelry and was home to the vast wealth of the rich, powerful, sophisticated Medici family. The expansion of shipping (the so called “Age of Discovery” led to other influences and stimulus of new ideas and a desire to explore the world. The weakened influence of the Church also allowed the Renaissance to flourish. It’s weakened state allowed t... ... middle of paper ... ...ans of preparation for eternity, whereas Beauty afforded a glimpse of a transcendental existence.
The middle class emerged, there are now wealthy merchants who can afford and purchase expensive goods. Writing and reading became useful in daily life. More consumer goods were being made due to independent businesses. Painters were now being supported through patrons, who were wealthy merchants who bought the paintings and sold them. People found out that they could change there lives, were they work and live.