The Global Art Market | Power Structures | Best Documentaries
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- čas přidán 17. 07. 2024
- The Global Art Market - Moconomy dives into the mechanisms of the global art industry from the perspective of the German art market.
The Global Art Market (2024)
Creative Producer: J. Vorkefeld
Interviews: Daniel von Schacky, Amelie von Wedel, Zoe Miller, Konstanze Wolter, Teresa Monfared, Dirk Boll
Genre: Documentary
Country: Germany
Language: English
Synopsis:
The global art market is worth 67.8 billion dollars. An ecosystem of extremes, characterised by profound power structures. A glamorous marketplace of vanity, myth and hipness in the hands of a few influential players. Behind the glittering facade, inequality and competition reign supreme. Industrialisation has been taking place since the 1990s.This has accelerated the art trade and globalised collective taste, but the art market itself remains largely opaque, but why? How does the global art market work? Who sets the prices? How do the auction houses and galleries operate? Why do the super-rich invest in art, what do artists really get in the end, and how does the internet influence the art trade? Moconomy takes a look from the German art market into the mechanisms of the global art industry.
Copyright Moconomy GmbH 2024
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COPYRIGHT: All of the films published by us are legally licensed. We have acquired the rights (at least for specific territories) from the rightholders by contract. If you have questions please send an email to: info[at]moconomy.tv, Moconomy GmbH, www.moconomy.tv.
Very Educative . I have been Collecting Art 19 years and I do have few good ones .
Please collect my own pieces on Art luxe glitzy
@artistsingerwriterproduc er8288 🤌👍
AWESOME! Again, thanks for showing.
Thank you.
Thanks for this
Thanks for exposing a light on the contemporary art world. I'm a fine artist and I wish I would have come up through the ranks in the 1940's, 50's and 60's. I would have liked to hang with Marcel Duchamp and Arshile Gorky and Roberto Matta. Andre Breton was still running around too. It's very sad what the art world became.
This is a very strategic topic! Thx!
Fr
Should we buy art because we love the piece or should we buy art based on the gender and race of whom makes the art. Does the seemingly disproportions between male and female and ones of color artist due to there are more male artist than female/color? I always buy art first because I like it. I don't really care who made it, male, female, black, white blue or green. It's up to my taste of what I buy.
As you should! The hope is that one day those lines would be blurred and we can love and buy art simply through taste and or preference, and no other reason!
This sounds like an utopia, big money art usually bought from businesses perspective, not preference and liking
Regards from Monaco
lol is not called art market, is called money laundering market
without money laundering those will worth 0
💯
So, does the Basquiat estate benefit any kind of way off his work now? Someone explain please, all of this gibberish seems to be middleman speak by lots of non-artists!
The sacrifice is real for Women that want a Career as a Professional Artist. I always think of Camille Billops, American Visual Artist and Filmmaker who won at Sundance Film Festival for her Documentary, "Finding Christa", the story of Camille abandoning her 4 year old daughter to pursue her art. But it gets worse, Christa found Camille in adulthood and Camille was not happy, in fact, eventually banned her from her life and was angry at her husband, Mr. Hatch, for extending his hand of friendship. It seems that women artist have to define for themselves what success is and what life as a professional artist and mom and wife, and Daughter is for them personally.
Thanks for this. What the heck is a jpack????
The social and economic hierarchy is reproduced in all areas. Some football players earn fortunes, but most players earn modest salaries. Some lawyers work on million-dollar cases and earn a lot of money, most handle small cases and earn little. And so on, until we reach the artists who are also divided and hierarchized into distinct categories. The quality of the professional represents almost nothing in this world artificially created to concentrate social and economic value. The best thing to do is to laugh at millionaires and those who live around them, because in the end they too will get sick, suffer and die like everyone else. And no one will visit their graves either.
Do you think that one of the main reasons why male artists have been so dominant is because the majority of buyers, collectors and investors have been male, maybe?
Yes.
Yes
No its becouse malenartist are more , competition oriented and so on
If you are a man and start buying and collecting a female artist you'll get in trouble with your wife...
No, it’s because that male art works are much better than female art works. Look across the board in every field, whether artistic or scientific males are much better. About 5% women can compete at a high level.
😎💣👌✌🖐
Let me begin by telling you that when my brother was just starting school, he rebelled at the rules of spelling.
Why did words have to be spelled in a particular way?
Why couldn't he spell them as he wanted to spell them?
He resented the rules and he resisted the authority of those who made them !
Keep this in mind.
I think that Conceptual art originated with people who could not and would not do the difficult work required to become a 'traditional' artist.
Can't master the necessary skills ?
No knowledge of perspective?
Can't draw?
Don't want to have to learn color theory?
Can't master composition?
No knowledge of human anatomy?
Can't render tonal values
Can’t be bothered ?
These are skills that you have to WORK to perfect.
It’s difficult.
It takes…..effort.
You want a fast track to the exalted position of "artist “.
Well then, belittle the importance of those skills and debase the notion that they are a prerequisite to creating art.
Instead, create an art genre that you CAN do.
A new genre.
And let's call it Conceptual art.
Conceptual artists claim that IDEAS and CONCEPTS are the main feature of their art.
They can slap anything together and call it ''conceptual art'' confident that viewers will find SOMETHING to think about it no matter how banal or trivial the artist's concept!
There is no way conceptual art pieces can be judged.
The promoters of this art have attacked the motives and credibility of authorities and critics who might disparage the work.
They have rejected museums and galleries as defining authorities.
They reject the idea that art can be judged or criticized .
All of this results in a decline in standards.
And when you jettison standards, quality suffers.
There really IS such a thing as BAD art !
We know this only because we have standards and criteria by which such things can be evaluated.
It seems that conceptual art comes down to a basic idea:
No one has the right or authority to make any judgements about art !
Art is anything you can get away with !
A whole new language has been created to give the work an air of legitimacy and gravitas.
Conceptual art is 'sold' to the unwary public with ....."ArtSpeak".
ArtSpeak is a unique assemblage of English words and phrases that the International Art world uses but which are devoid of meaning!
Have you ever found yourself confronted by an art gallery’s description of an exhibition which seems completely indecipherable?
Or an artist’s statement about their work which left you more confused than enlightened?
You’re not alone.
Here are examples of ArtSpeak:
'Works that probe the dialectic between innovations that seem to have been forgotten, the ruinous present state of projects once created amid great euphoria, and the present as an era of transitions and new beginnings.''
Or
''The exhibition reactivates his career-long investigation into the social mutations of desire and repression. But his earlier concerns with repression production--in the adolescent or in the family as a whole--give way to the vertiginous retrieval and wayward reinvention of mythical community and sub-cultural traditions.''
This language is meant to convince me that there is real substance to this drivel which is being passed off as art.
I don't buy it.
But plenty of other people DO buy it.
Not because they love the work.
They are laying out enormous sums in the belief that their investment will bring them high returns in the future.
One Jeff Koons conceptual piece is three basketballs suspended in a fish tank.
commons.wikimedia.org/wiki/File:Three_Ball_Total_Equilibrium_Tank_by_Jeff_Koons,_Tate_Liverpool.jpg
Here is Koons' own ArtSpeak explanation of his floating basketball 'concept' verbatim:
“ This is an ultimate state of being.
I wanted to play with people’s desires.
They desire this equilibrium.
They desire pre-birth.
I was giving a definition of life and death.
This is the eternal.
This is what life is like, also, after death.
Aspects of the eternal”
Rather lofty goals for 3 basketballs suspended in a fish tank!!
It sold for $350,000.
I wonder what it would have fetched without Koons' name attached to it.
Or take the case of Martin Creed's ball of crumpled white copy paper.
www.abebooks.com/signed/Work-sheet-paper-crumpled-ball-Creed/7404135374/bd
He made almost 700 of them!
Some sold for hundreds of dollars.
Martin Creed, when asked during an interview how he would respond to those who say the crumpled paper ball isn’t art said :
“ I wouldn’t call this art either. Who says, anyway, what’s good and what’s bad?”
Interviewer:
''When confronted with conceptual art, we shouldn’t worry whether it’s art or not because no one really knows what art is.''
Is this what art has come to??
_________________________________
Something radical has happened to the art scene in the past 50 years.
Cubism slid into non-representational art....what is often called Abstract.
Abstract or non-representational art is a legitimate and often profound genre.
But to many people, it appeared as if this new style had no structure, principles or standards of evaluation.
It’s markings seemed random and arbitrary.
Something that anyone could do.
Any composition of blotches or scribbles was “Abstract Art”.
This was the slippery slope that led to the abandonment of standards in art.
Art is what I say it is....and lots of people jumped on the art bandwagon.
Anyone can be an artist.
Anyone can mount a show.
And who is to say if it has value or not ?
A tacit agreement has formed among critics, galleries, publications and auction houses to promote and celebrate certain artists and styles.
Objects with no artistic merit are touted and praised .
Their value increases with every magazine article, every exhibition in a prestigious gallery.
And when they come up for auction, sometimes the auction houses will lend vast sums to a bidder so that it appears as if the work of the particular artist is increasing in value.
The upward spiral begins and fortunes are made.
And many are reluctant to declare that the Emperor is, in fact, naked lest they appear boorish unsophisticated Philistines !
This is what dominates the art market today.
The love of money is the root of all evil.
It has corrupted politics.
It has corrupted sport.
It has corrupted healthcare.
It has corrupted religion.
And now it has corrupted art.
But, there is reason to hope.
As much of the wisdom of the Greeks and Romans was kept alive through the Middle Ages in small pockets of learning and culture, ateliers have sprung up around the world that are devoted to preserving and handing down the traditional visual arts: drawing, painting and sculpting to each new generation.
And when this craze for conceptual art has burned itself out and when visual art is no longer looked on as mere decoration and when schools that have dissolved their art programs want to reestablish them again, the world will find these skills preserved through the atelier movement.
Jeff Koons is quite open about hoodwinking buyers and viewers I think. . Agree with you on "gallery-speak". :-)
Greed and money have corrupted art.
I agree. It’s tainted. I wouldn’t want to be an artist: the shit you’d have to roll in is immeasurable. However so much beauty to be found in art is unfathomable.
👋🎨🎨🎨🎨🎨🎨🖌️🖌️🖌️🖌️🖌️🥰
Bansky & I Agree . The Artist Is The One That Shall Profit . After Artist Sale Then IT Is Anybodys Game . In Addition The Artist ALWAYS Has Legal Rights Over The Original Image Created .
B. Totten
Top ten artist worldwide
Can anybody share?
artfacts.net/lists/global_top_100_artists
The comparison of the Jeff koon 80mill “ sculpture “ to the woman’s 10mill “ painting “ is a bit of a reach
Why?
Not at all
You’d need a strong stomach !
Art advisor, that's a laugh.
It's a fancy word for serf
From me would stolen my art again and again in 98000, all my documents too!!????
tax write offs and money laundry....nothing to do with art anymore
Perhaps the artists that are women should take less gender specific names to insure selling their work at a higher rate . Like George Sand .
Hello😊 mara 🙋♀️👩🦼will start at MCC oil painting class🎉👏😂👩🦼
Wonderful!
Digital ART Does NOT Require The Same Skill . Digital Art Requires Alot Less Talented Skill . FACT TRUTH
Definitely not true! I am both traditional and digital artist, I know that this is not a fact!