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Disentangling the paradoxical alliances between art market and art world
Authors:ANNAMMA JOY  JOHN F. SHERRY  JR.?
Affiliation:ANNAMMA JOY*,JOHN F. SHERRY,JR.?
Abstract:
The relationship between art and market can be rendered visible only by closely examining the actions of contemporary artists, art critics, and writers, and the efforts of gallery and auction house merchandisers. A market orientation is just one way of evaluating the activities of the art world. Art and market are not reducible to each other, no matter the prevailing ideology. While the market operates on a narrative that valorizes the latest trend in imagemaking, aided by the creation of new technologies, it is neither the only nor the most important arbitrator of value for the viewer. Disentangling the art‐market complex is a necessary first step in reclaiming a holistic view of the consumption of art. We take that step in this paper.
Keywords:Art world  Art market  Modernity and postmodernity  Creative processes  Technology  Product embellishment  Art history and art criticism  Research and development  Art museums  Commercial and parallel art galleries  Art auctions  Role of government  Pop art  Appropriated art  Web art
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