Contemporary art - a symbol of modern capitalism?

[Artem]

Contemporary art - a symbol of modern capitalism?

00:05 Givi Topchishvili, Chief Executive Officer Global Advertising Strategies
 
According to the Financial Times, last year the investment in works of art brought investors higher returns than investing in stock markets. This trend is observed for the second year in a row. Against the backdrop of ruined the economy of Greece, the euro and the problems of budget deficits in the U.S. is amazing how many art lovers spend on their canvases are interested in the past year. According to reports Skate's Art Market Research, in 2011 at the international auctions has sold more than two thousand works worth a million dollars and above, and total sales in the entire art industry in 2011 reached 80 billion

One of the drivers of this growth is the contemporary art - objects of art created over the past 60 years. Painting in this direction (in the category of $ 1 million) increased in price over the past year by an average of 6.4%. The peculiarity of the direction that much of the contemporary art of artists are alive and continue to create new works, and therefore the proposal on the art market. Total cost of works of living Gerhard Richter, Jeff Koons, Jasper Johns and Damien Hirst more than one billion dollars in the list of most expensive artists in the history of mankind, only three (Picasso, Monet, Warhol) have a large capitalization. And the work of Warhol also refer to contemporary art.

Such a rise in prices for contemporary art, despite the overall time of crisis, of course, contributes to its development and promotion in the world. An increasing number of various art fairs, exhibitions, only confirms the enormous public interest in the subject. Any self-respecting capital of the world strives to create something like the Venice Biennale and Art Basel. For what? Not only to enjoy the amazing spectacle called contemporary art, but also to extract a significant commercial benefit from the event.
Naturally, the dynamic development of the sector can not attract business from the more developed and stable industries. In the art market is coming more and more new players who bring in the creation and development of artistic projects, effective business approaches. Form of implementation of this cooperation are the so-called art-group, in which businessmen and artists work together on the emergence of new powerful and financially successful art concepts. As a result, not only the profits derived. Joint activities lead to new projects, which primarily reflect the actual problems of the modern world, the level of financial simulations of the project as similar to work with stock tools.

It should be noted, however, that in terms of over-regulation and control of the market contemporary art, of course, infinitely more open and free than any other. Could this be the answer to the question of how and in what way is the growth of attention to this area at all?

Do not ignore this area of ​​interest to us. In 2011 our company has registered a Global Art Group, the direction of which we have designated as the development of marketing tools, we have accumulated over almost 15 years to live and work in many countries around the world, namely in the sector of contemporary art. And, importantly, many of the projects we have deliberately decided to do a charity, understanding the rules and mediated potential in such activities.
Our main partner in the business made an incredibly talented and controversial in its own way a young American neo-pop-art artist David Datong. In 2011, Datong project is presented in Moscow Putin Couture - a series of works with images of Russian Prime Minister, created with the help of optical lenses and photo collages. The main object of the series - a portrait of Vladimir Putin, made up of hundreds of reproductions of the Mona Lisa,
- Was auctioned off for 200 thousand euros. At Art Basel Miami Beach 2011 Datong presented a portrait of Steve Jobs, made up of tiny images of the idol of free enterprise, writer and philosopher Ayn Rand. Again, financial success and record sales.
But the most impressive results in just one year of work we can safely call what happened on the eve of Valentine's Day in a concert hall Barvikha Luxury Village. Natalia Vodianova and her charity "Naked Heart" held an auction in which the main lot was a portrait-installation of a top model. The author of a work made all the same, David Datong. Portrait called "Natalia Vodianova - the love of millions" was made of thousands of small pieces, covered from top to optical lenses. Every detail - a smaller version of the picture of the artist Robert Indiana Love. Auction house Phillips de Pury & Company, conducted the auction at a charity auction for the work came to the rescue of 600 thousand euros.
Ultimately, the events contemporary art market is largely a reflection of themselves and the product of modern business, intricate, uniquely combining the financial and creative tools, quotes, auction houses and issues relevant to the millions of inhabitants of the earth, symbols of pop culture and classic designs. It seems that we are entering a new era where money and talent together to address the challenges facing all of humanity. The fact that attempts to solve these problems well paid - and is an important sign that capitalism is alive and really has the potential to make their own arrangements with to make the world better.

Financial Times, contemporary art

[Pavel]

Сообщение от Artem

Contemporary art - a symbol of modern capitalism?

Art in general financial instrument.
Konterporari due to lack of a better and this is risky, but just used a little Island in the sale.
Example-Cezanne.

[NATA NOVA]

Сообщение от Artem; 1987711"

It seems that we are entering a new era where money and talent together to address the challenges facing all of humanity. The fact that attempts to solve these problems well paid - and is an important sign that capitalism is alive and really has the potential to make their own arrangements with making the world better .

anything else .... a it does not stay .. Capitalism ( the system ) is interested primarily in maintaining themselves, a loved one ... ( samoprotsvetanii , if you will ) ..

[Fed]

Сообщение от Artem; 1987711"

It seems that we are entering a new era where money and talent together to address the challenges facing all of humanity. The fact that attempts to solve these problems well paid - and is an important sign that capitalism is alive and really has the potential to make their own arrangements with making the world better .

It is not clear - many small reproductions of Mona Lisa to make the world better? What are the attempts to solve the problems of Contemporary art challenges facing humanity ? Examples are not given .
 That is, write - wrote a self-promotion , and then tightened the mission meaningful only knows what .

[iside]

The article I was surprised ochchen from it clear that the author does not understand any contemporary art , nor in the underlying economic processes and terms, as, for example , the name should be capitalism, and then we see the following

In 2011, our company has registered a Global Art Group .... And , importantly, many of the projects we have deliberately decided to do both charity, understanding the rules and mediated potential in such activities

The one who in the subject , he will understand this terrible gaffe , there a lot of them and they are all very funny .
I had to google who is a Givi Topchishvili , people turned out for a long time and professional in peare . Well , we can forgive him for this article , if he will promise anything more on the subject of modern art did not write.