Custodians of Culture - Schoolyard Art: Playing Fair Without the Referee
Source http://www.friezeartfair.com/
key themes; money and power
How to draw attention to ones self by....icon of virtue
value of money .... motivation factor?? questions of values
“you cant be right all the time but you can never be wrong ...”
leo castelli
the market .... and the dealer
this really weird turn into... wedding list filler...creating what sort of value in the art world
The return of primary practice (the direct production of art)... eg 80's and 90's
He talks the turd phenomena ... the essay et all – ancillary paraphernalia
Primary and secondary market, secondary market here being the place of economics
Power of the museum – recedes
Installation vs the object
front loading the artworld with a faux non commodity
Decline in art funding
Emerging “hyper liquidity” – money in the bucket -meaning people don't know what to do with their money. windfall incomes – hedge-fund – phenomena
A big pause to introduce his key ideas to the art bubble
2 things
post-structuralist theory; post modernism
late capitalism bourgeoisie society – its death and re-arrival post 9/11. mediaevalism – alive and well. Hegemony – he implies that this is a construct
non commercial art – is not art that does sell
He claims it pays well – awards, residencies, honorariums
Questions the relationship between; The institutional world and the private world
non commercial arts – the economies of temporarily
non economy very beneficial – suck the money from the community
format of the art world in 1970 – artist in their studios and the work was sold – critical mass – making the virtue – icons of public significance.
Artist to the dealer – the collective desires of the community – reflection and straight forward business; through the auspices of an honest broker
The consensuses of investment – economic – price point
his meaning of “wrong”
So who can do that today?
neo -Marxism
government into the museum - the community bond is broken
Talks of ubiquity, globalisation of art and standardisation of taste – eg Annish kapoor
The art market place is a finite market – first principal
Object of private delectation vs Institutional market
Who or what are the reasons for style change -driver gone – art fills the hole in the schedule
less occasions for stylistic development – essay and catalogues and so forth
History is over ---- time keeps going
Institutional authority
Institutional market does not make for change
Raw rapacious capitalism
Object
Show after show and stylistic development
What are your standards
Events – hipper – dealer has no power – is a revelation to show what you believe in
Third rate – posing
making and falling = good
success and the bubble = good
fun and commerce = should go together
Do right by doing good, good values.
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