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Yet in nations or regions where folkmusic is a badge of cultural or national identity, the loss of folkmusic can be slowed; this is held to be true, for instance in the case of Hungary, Ireland, Brittany, and Galicia, all of which retain their traditional music to some degree.
Folkmusic is easily identified with the ordinary working people who created it, and preserving treasured things against the claimed relentless encroachments of capitalism is likewise a goal of many politically progressive people.
Folkmusic is still extremely popular among some audiences today, with folkmusic clubs meeting to share traditional-style songs, and there are major folkmusic festivals in many countries, eg the Port Fairy Folk Festival is a major annual event in Australia attracting top international folk performers as well as many local artists.
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