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Concepts of Value in European Material Culture, 1500-1900
In contemporary society it would seem self-evident that people allow the market to determine the values of products and services. For everything from a loaf of bread to a work of art to a simple haircut, value is expressed in monetary terms and seen as determined primarily by the 'objective' interplay between supply and demand. Yet this 'price-mechanism' is itself embedded in conventions and frames of reference which differed according to time, place and product type. Moreover, the dominance of the conventions of utility maximising and calculative homo economicus is a relatively new phenomenon, and one which directly correlates to the steady advent of capitalism in early modern Europe. This ...
The Global Rules of Art
A trailblazing look at the historical emergence of a global field in contemporary art and the diverse ways artists become valued worldwide Prior to the 1980s, the postwar canon of “international” contemporary art was made up almost exclusively of artists from North America and Western Europe, while cultural agents from other parts of the world often found themselves on the margins. The Global Rules of Art examines how this discriminatory situation has changed in recent decades. Drawing from abundant sources—including objective indicators from more than one hundred countries, multiple institutional histories and discourses, extensive fieldwork, and interviews with artists, critics, cura...
Chinese Contemporary Art in the Global Auction Market
Chinese Contemporary Art in the Global Auction Market examines the rapid rise of the global market for Chinese Contemporary art across the turn of the millennium. Focusing on key auction events, it traces the systematic and strategic role played by auction houses in promoting the work of ‘avant-garde’ Chinese artists, transforming them into multi-million-dollar global art superstars. Anita Archer’s research into this emerging art market reveals a powerful global network of collectors, curators, dealers and auction house specialists whose understanding of the mechanics of value formation in the global art world consolidated a framework for the promotion of Chinese Contemporary art to a Western audience.
The Sociology of Arts and Markets
This edited collection offers an in-depth analysis of the complex and changing relationship between the arts and their markets. Highly relevant to almost any sociological exploration of the arts, this interaction has long been approached and studied. However, rapid and far-reaching economic changes have recently occurred. Through a number of new empirical case studies across multiple artistic, historic and geographical settings, this volume illuminates the developments of various art markets, and their sociological analyses. The contributions include chapters on artistic recognition and exclusion, integration and self-representation in the art market, sociocultural changes, the role of the gallery owner, and collectives, rankings, and constraints across the cultural industries. Drawing on research from Japan, Switzerland, France, Italy, China, the US, UK, and more, this rich and global perspective challenges current debates surrounding art and markets, and will be an important reference point for scholars and students across the sociology of arts, cultural sociology and culture economy.
András Szántó. The Future of the Art World. 38 Dialogues
The third in a series of books investigating the future of the museum, following on The Future of the Museum: 28 Dialogues (2020) and Imagining the Future Museum: 21 Dialogues With Architects (2022). Rounding out the previous volumes, which examined the "software" and the "hardware" of the museum, the 38 dialogues in the third installment of the trilogy survey the social, cultural, economic, institutional, and technological conditions of the wider ecology in which museums operate. The conversations include leading figures from around the world, engaging voices not heard in the prior volumes: artists, curators, collectors, members of the art trade, sociologists, entrepreneurs, and others. Tog...
Imaginary Economics
A British artist who destroys all of his possessions; a Dutch artists' initiative that provides analyses of business cultures; an American who draws his own money and then manages to spend it. The age of thinking that art has nothing to do with the economy is clearly over. Imaginary Economics has to do with artists who analyze and parody economic processes and phenomena in their work. Aside from well-known figures from twentieth-century art, such as Marcel Duchamp, Yves Klein, Marcel Broodthaers and Joseph Beuys, a great many contemporary artists - including Jeff Koons, Santiago Sierra, Rob Scholte, Michael Landy and Matthieu Laurette - appear to be interested in the economy as well. Economically inspired art can evidently be seen as a refreshing source of knowledge on our market economy. From an unorthodox vantage point, Olav Velthuis (economics editor of de Volkskrant) sheds new light on the world of big money. Book jacket.
Art Production Beyond the Art Market?
Much evidence suggests that a fundamental reordering of artistic production and a transformation of the art field are about to take place. Heated debates have been sparked over new forms of work, public subsidies, and the expanding impact of the creative industries. Independent education programs, self-organized urban planning, artistic practices in the outer field of scientific research, and similar initiatives have unfolded over the last few years. This publication addresses this wide field, focusing on theoretical reflections and exemplary insights into alternative artistic working models. The anthology assembles expert studies and artist interviews, in order to reflect on new forms of practices that have been established beyond the exhibition-gallery nexus and hegemonic market activity. These strategies in particular are investigated concerning their self-images, organizational structures, networks, and economies, and the potential for usurpation.
Art in America
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Talking Prices
How do dealers price contemporary art in a world where objective criteria seem absent? Talking Prices is the first book to examine this question from a sociological perspective. On the basis of a wide range of qualitative and quantitative data, including interviews with art dealers in New York and Amsterdam, Olav Velthuis shows how contemporary art galleries juggle the contradictory logics of art and economics. In doing so, they rely on a highly ritualized business repertoire. For instance, a sharp distinction between a gallery's museumlike front space and its businesslike back space safeguards the separation of art from commerce. Velthuis shows that prices, far from being abstract numbers, ...
