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alternative economies

Art & Economies: Pawnshop at Thessaloniki Biennial

ARE YOU AN ARTIST IN NEED OF FAST CASH?

Forget gallery hassles GET CASH NOW! High! Fast! Immediate cash payments!  Come on down today! 

Established by artists Julieta Aranda and Anton Vidokle in New York in 2008, PAWNSHOP went bankrupt at the beginning of the world financial crises, only to re-open successfully in Beijing and, most recently, at Art Basel.

Structurally, a pawnshop is a short-term loan business, which retains a collateral object (a camera, a ring, a guitar, a gun, and in this case an artwork) in exchange for a cash loan—a small fraction of the object’s value that needs to be repaid with interest within a one-month period. If the owner of the pawned object does not return to collect it and repay the loan + interest within 30 days, the pawnbroker has the right to sell it.

What is of particular interest in pawnshops is the peculiar mixture of the illicit and the desperate, futurity and anticipation. The idea that the object is collateral for cash that might be traded back for the object during a set duration, could be put in other words, that works of art and money are just dancing in a choreography in which they might just circle back and meet again, and cancel each other out, but in fact rarely do.

All profits from PAWNSHOP have been donated to Doctors Without Borders.

PAWNSHOP Inventory:
Lucas Ajemian, Armando Andrade, Florian Aner, Artemio, Michael Baers, Christin Berg, Bik Van Der Pool, Julien J. Bismuth, Chloe Briggs, Mike Bouchet, Svetlana Boym, Francois Bucher, Andrea Büttner, Etienne Chambaud, Herman Chong, Branka Cvjeticanin, William Diaz, NICO DOCKX, Gardar Eide Einarsson, Annika Eriksson, Köken Ergun, Jakup Ferri, Jean-Pascale Flavien, Harrell Fletcher, Iris Flügel, Egan Frantz, Peter Freidl, Jaime Gecker, Carmen Gheorghe, Barbad Golshiri, Sara Greenberger-Rafferty, Antonia Hirsch, Klara Hobza, Ralf Homann, Sejla Kameric, Matt Keegan, Christoph Keller, Staš Kleindienst, Runo Lagomarsino, Andriana Lara, Annika Larsson, Sebastjan Leban, Kit Lee, David Levine, Liz Linden, Nuno daLuz, Rodrigo Mallea Lira, Lucas Moran, Gean Moreno, Shane Munro, Sina Najafi, Trine Lise Nedreaas, Carsten Nicolai, Lisa Oppenheim, Ernesto Oroza, Bernardo Oritz Campo, Wendelien van Oldenborgh, Marion von Osten, Olivia Plender, Bettina Pousttchi, Khalil Rabah, Manuel Raven, Fay Ray, Joseph Redwood-Martinez, Anri Sala, Natascha Sadr Haghighian, Julia Scher, Jessica Sehut, Matt Sheridan Smith, Aaron Simonton, Shelly Silver, Lucy Skaer, Michael Smith, Nedko Solakov, Francesco Spampinato, Peter Spillman Franz Stauffenberg, Eric Stephany, Martin Stiehl, SUPERFLEX/ COPYSHOP, Jalal Toufic, Andra Ursuta, Gabriela Vainsencher, Costa Vece, Lawrence Weiner, Ana Wolovick, Haegue Yang, Florian Zeyfang, Andrea Zittel

New works by:
Andreas Angelidakis, Uri Aran, Athanasios Argianas, Manfredi Beninati, Carolina Caycedo, Christina Dimitriadis, Jimmie Durham, Irini Karagianopoulou, Apostolos Kotoulas, Nikolaj Larsen, Carlos Motta, Theofanis Nouskas, Angelo Plessas, Mathilde Rosier, Tayfun Serttas, Socratis Socratous, Chryse Tsiota and others.

Forget the market! Forget the fair! Dollar is Low! Recession is Back!
It’s time to shop… PAWNshop!

All information from e-flux.com

Art & Economies: Informality – art, economics, precarity

Exhibition at SMBA (Stedelijk Museum Bureau Amsterdam)  14 August – 2 October 2011

The exhibition ‘Informality’ arises from the increasing attention to banking economy and the interest in alternatives to that, an interest also expressed within the arts. The most recent example of this is TimeBank, by Anton Vidokle and Juliete Aranda. The work involves a network of bank branches in art institutions – including Stroom, in The Hague – for which the central ‘currency’ is not money, but time, in the form of ‘Hour notes’ that circulate among the bank’s clients. The artwork, functions as a commentary on a form of capitalism directed (and misdirected) at the banks, here it becomes a form of alternative economy in and of itself. 

Specifically, the exhibition ‘Informality’ focuses on the concept of the informal economy. The informal economy is part of the commercial and service sectors that operate outside the circuit of formal financial transactions –and therefore outside normal banking channels – and is thus hidden from the oversight of the Revenue Service and other governmental institutions that control business and economic affairs. In the West, the informal economy makes up a relatively small part of the total economy: in The Netherlands it is estimated to be about 11%. That is not insignificant; one can think, for instance, of illegal or semi-legal work such as prostitution and domestic help, criminality and fraud, traffic in drugs and people, but also flea markets, EBay, volunteer work and bartering. On other continents, such as Africa and Latin America, but also in former East Bloc countries, the informal economy often makes up the largest part of the total economy.

Artists include:  Marc Roig Blesa, Rogier Delfos, Domestic Workers Union, Matthijs de Bruijne Detour (Marnix de Klerk / NinaMathijsen), Doug Fishbone, Kaleb de Groot, Jose Antonio Vega Macotela and Senam Okudzeto.

Information from the SMBA website and newsletter.

Art & Economies: el Changarrito and alternative economy

Artist Maximo Gonzalez – el Changarrito contributing to alternative economies

Maximo Gonzalez’ Changarrito or street cart cum art gallery space takes the place of a formal gallery venue and places it in the art market however its on the street for public consumption.  It welcomes artists products, poetry and other items to be sold, of which artists profit 100%.  The artist acts as street vendor and emulates vendor stalls which can be found around Mexico City. 
 This year 2011, he took his cart to the Venice Biennial.  Through this process he is contributing to the informal economies that exist all around us.  To find out more visit: Changarrito.