Art & Economies: Socialism Failed, Capitalism is Bankrupt. What comes Next?

Artist Oliver Ressler – Socialism Failed, Capitalism is Bankrupt. What comes Next?

 

Whilst on a residency in Yerevan as part of the project Eat and Work, Oliver Ressler explored political and economic situations in the Republic of Armenia. The project is a 19 minute film and a two channel video installation. The film was recorded in a market called “Bangladesh” where over 1000 traders try to survive in an economically depressed area, where the traders speak of their pre and post socialist lives. Where in the past the state ensured their basic needs were met, a the new state where all safety nets are gone.

More information on the project and to view the film:  Socialism Failed, Capitalism is Bankrupt. What comes Next?