Art as Commodity
Overthink12 Loka 2021

Art as Commodity

Today's art world is driven by multimillion-dollar auctions and fancy art fairs inaccessible to most Americans — Art Basel Miami, anyone? Those who do view art spend an average of just eight seconds per work, so it's not clear that we're even meaningfully experiencing those Monet water lilies. In episode 36, Ellie and David explore the way capitalism has turned art into a commodity. From Basquiat to Banksy, even street art seems to have been devoured by capitalism’s endless hunger for monetary exchange, selling aesthetics of revolution for millions of dollars at auction. How might intricate Tibetan sand paintings and even macaroni necklaces help us envision a future for art outside of commodification?


Works Discussed

John Dewey, Art as Experience
Walter Benjamin, “The Work of Art in the Age of Mechanical Reproduction”
Hito Steyerl, Duty Free Art
Theodor Adorno, The Culture Industry
Michael Baxandall, Painting and Experience
Diana Crane, “Reflections on the Global Art Market”
Cynthia Freeland, What is Art?
McKenzie Wark, “Digital Provenance and the Artwork as Derivative”
Sianne Ngai, Our Aesthetic Categories: Zany, Cute, Interesting
Banksy, Love is in the Bin
Karl Marx, 1844 Manuscripts
Christo and Jeanne-Claude, The Pont Neuf Wrapped

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