Today’s art world, like the realm of finance, is a place of stock and shareholders.
“In the American art world, corporations are people, my friend. Within the last five years the trend of collectives-as-commercial-entities has become increasingly prevalent as a prominent influence within the contemporary art market. And these groups are corporatizing. Faced with the shifting sands of sustainability within the fickle realm of creative practice, many artists bound together in their process of production have begun to enact the hierarchies of corporate business infrastructure as a cornerstone to their own advancement. The interest of fiscal self-preservation has many collaborative projects collectivizing and, further, assuming the title of corporation as part of their formal operative fabric and legal personhood . . .”
Check out the rest of my most recent article for Guernica Magazine by clicking here.