Posts Tagged ‘art market’

#Hashtags: The Business End of Art

Steve Lambert. Capitalism Works For Me! True/False, 2011.
9 ft x 20 ft x 7 ft.
Aluminum and electrical.

#artmarket #creativeeconomy #collectors #entrepreneur #philanthropy #support As in nearly every field of commerce, it seems that the tension between old and new models of the business of art is coming to a head. Traditional galleries see that their established methods of selling selectively and covertly to buyers of high social standing are under threat. Museums, which once were beneficiaries of philanthropic largesse from those same[…..]

Art & Vexation: Interview with William Powhida

William Powhida, Oligopoly (Revised), 2011. Watercolor, acrylic ink, and colored pencil on panel

William Powhida’s text-based drawings* skewer the contemporary art world with relish. From fake Rolling Stone magazine pages to charts explaining economic relationships, or trompe l’oeil pages torn from the notebook of an art-world malcontent, Powhida sticks his finger into the wounds of modern culture. For example, What Do Prices Reflect? pessimistically lists the rationale used to determine an artwork’s financial value: “Whether or not the work[…..]