Unit 4 Week 1

My Interests (Broadly)

Contemporary art market. ( #3 “Art Market in XXI Century – Anna Arutiunova” )

These are the books that have started my journey into the “industry” part of fine contemporary fine art.

Findings and possible research:

  • The low transparency of the art market adds to its complexity
  • Fine art – is an irrational investment, thus making it hard to study from the human behavior point of view.
  • Art market is becoming more and more democratic, which affects the quality and quantity of art pieces. It changes the artist’s approach to creating art.
Contemporary Art World (from the point of view of art researchers and artists)

Findings and possible research:

  • 3-tear approach to categorizing artists: low-brow, middle-brow and high-brow. Each has it’s own market.
  • Due to the high subjectivity of art and it’s form today it is impossible to categorize it by “quality”. Most of it is PR.
  • Art is often an inspiration to many modern inventions.
  • Though democritized, art pieces are still seen as high status luxury objects.
Textiles ( established and experimental)

Findings and possible research:

  • It is possible to create textiles using local material and technologies, without transporting it far. However, the quality of the material can be affected due to the climate. (exp. cotton: best grown in souther hemisphere, best woven and dyed in northern hemisphere).
  • Another point of exploitation of the Global South, as the cotton becomes high quality cotton fabric, due to the “north” price it cannot be afforded to be bought in the South by the bigger percent of the population.

Reference List:

  • Thompson D., (2017) The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market. Canada, Vancouver: Douglas & McIntyre.
  •  Kagge E., (2015) A POOR COLLECTOR’S GUIDE TO BUYING GREAT ART. Germany, Berlin: Die Gestalten Verlag
  • Арутюнова А., (2015) Арт-рынок в XXI веке. Россия, Москва: Издательский Дом ВШЭ [ Arutyunova A., (2015) Art Market in XXI century. Russia, Moscow: Izdatelsky Dom HSE]
  • An K. & Cerasi J., (2017) Who’s Afraid of Contemporary Art?: An a to Z Guide to the Art World. England, London: Thames and Hudson Ltd
  • Perry G., (2014) Playing to the Gallery: Helping Contemporary Art in its Struggle to Be Understood. England, London: Particular Books
  • Fox A., (2022) Wild Textiles: Grown, Foraged, Found. England, London: Batsford Books
  • Gillow J., (2016) African Textiles: Colour and Creativity Across a Continent. England, London: Thames and Hudson Ltd

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