Hostile Worlds and Questionable Speculation


Book Description

The “hostile worlds” view argues that money corrupts the meaning of art, but some suggest this is a dated concept in describing the art market. Instead of dismissing this view, this chapter argues that we need a typology of beliefs about art, money, and commensuration; what could be understood as a pluralist understanding. Based on ethnographic research on the high-end contemporary art market in New York and London, I find that collectors, investors, and art world experts often have different views about the relationship between art and money. This recognition is significant because art is a symbolic good with assigned, rather than intrinsic value, meaning that the value of art can be damaged for people holding hostile worlds views when the mechanisms that maintain the appropriate balance between art and money break down or are disregarded. In this sense, hostile worlds views create a performativity effect. NOTE: A link to the published chapter on the Emerald site, with online access for those at subscribing institutions, is provided from my personal Chicago page.




Economic Action in Theory and Practice


Book Description

Contains 14 chapters that focus on various aspects of economic organization and behaviour, mostly based on empirical fieldwork conducted by the authors themselves. This title takes a look at urban food provisioning in Cameroon and an investigation into entrepreneurial activities in the rapidly-changing economy of Cairo.




Contemporary Art


Book Description

An engaging account of today’s contemporary art world that features original articles by leading international art historians, critics, curators, and artists, introducing varied perspectives on the most important debates and discussions happening around the world. Features a collection of all-new essays, organized around fourteen specific themes, chosen to reflect the latest debates in contemporary art since 1989 Each topic is prefaced by an introduction on current discussions in the field and investigated by three essays, each shedding light on the subject in new and contrasting ways Topics include: globalization, formalism, technology, participation, agency, biennials, activism, fundamentalism, judgment, markets, art schools, and scholarship International in scope, bringing together over forty of the most important voices in the field, including Sofía Hernández Chong Cuy, David Joselit, Michelle Kuo, Raqs Media Collective, and Jan Verwoert A stimulating guide that will encourage polemical interventions and foster critical dialogue among both students and art aficionados




Risk and Uncertainty in the Art World


Book Description

This edited book offers the first complete overview of risk in the art market by bringing together contributions from a wide range of international thought-leaders on the topic – both practitioners and leading scholars who investigate the specific types of uncertainty that exist in the art market as well as the dominant models used to manage the risks. An essential read for both art world practitioners, as well as scholars and students, Risk and Uncertainty in the Art Market elucidates the dynamics and unique qualities of the art market as well as developing insights relevant to other sectors, including sociology, business and management, economics and finance.




Writing Bestsellers


Book Description

While the term 'bestseller' explicitly relates books to sales, commercially successful books are also products of individual creative work. This Element presents a new perspective on the relationship between art and the market, with particular reference to bestselling writers and books. We examine some existing perspectives on art's relationship to the marketplace to trouble persistent binaries that see the two in opposition; we break down the monolith of the marketplace by thinking of it as made up of a range of invested, non-hostile participants such as publishing personnel and readers; we articulate the material dimensions of creative writing in the industry through the words of bestselling writers themselves; and we examine how the existence of bestselling books and writers in the world of letters bears enormous influence on the industry, and on the practice of other writers.




Organic Futures


Book Description

An exploration of the lived experience of small-scale organic farmers in New England that unpacks how they balance their ideals with economic realities In recent years, the popularity of organically grown produce has exploded. In 2014, organic fruits and vegetables accounted for 12% of all produce sales in the United States, with $39 billion in consumer sales reported for 2015. As a federally recognized niche market within the agricultural mainstream, organic farming is increasingly on display in American grocery stores. Yet the organic food most Americans consume today is produced by an industrial food system at odds with the practices and ideals of small-scale farmers. Taking an ethnographic approach, the fieldwork by Connor Fitzmaurice and Brian Gareau at a small New England organic farm sheds light on how farmers navigate the difficult terrain between practices of sustainability and the economic realities of contemporary agriculture. Drawing on extensive research, Fitzmaurice and Gareau examine the historical context, complexities, and viability of nonconventional organic farming practices: practices that seek to balance ecology and community with the business of agriculture.




Art Markets and Digital Histories


Book Description

This Special Issue of Arts investigates the use of digital methods in the study of art markets and their histories. As historical and contemporary data is rapidly becoming more available, and digital technologies are becoming integral to research in the humanities and social sciences, we sought to bring together contributions that reflect on the different strategies that art market scholars employ to navigate and negotiate digital techniques and resources. The essays in this issue cover a wide range of topics and research questions. Taken together, the essays offer a reflection on what takes to research art markets, which includes addressing difficult topics such as the nature of the research questions and the data available to us, and the conceptual aspects of art markets, in order to define and operationalize variables and to interpret visual and statistical patterns for scholarship. In our view, this discussion is enriched when also taking into account how to use shared or interoperable ontologies and vocabularies to define concepts and relationships that facilitate the use and exchange of linked (open) data for cultural heritage and historical research.




The Sociology of Arts and Markets


Book Description

This edited collection offers an in-depth analysis of the complex and changing relationship between the arts and their markets. Highly relevant to almost any sociological exploration of the arts, this interaction has long been approached and studied. However, rapid and far-reaching economic changes have recently occurred. Through a number of new empirical case studies across multiple artistic, historic and geographical settings, this volume illuminates the developments of various art markets, and their sociological analyses. The contributions include chapters on artistic recognition and exclusion, integration and self-representation in the art market, sociocultural changes, the role of the gallery owner, and collectives, rankings, and constraints across the cultural industries. Drawing on research from Japan, Switzerland, France, Italy, China, the US, UK, and more, this rich and global perspective challenges current debates surrounding art and markets, and will be an important reference point for scholars and students across the sociology of arts, cultural sociology and culture economy.




The Cultural Sociology of Art and Music


Book Description

This edited collection develops the Strong Program’s contribution to the sociological study of the arts and places it in conversation with other cultural perspectives in the field. Presenting some of the newest and most original research by both renowned figures and early career scholars, the volume marks a new stage in the development of the cultural sociology of art and music. The chapters in Part 1 set new agendas by reflecting on the field’s history, presenting theoretical innovations, and suggesting future directions for research. Part 2 explores aesthetic issues and challenges in the creation, experience, and interpretation of art and music. Part 3 focuses on the material environments and social settings where people engage with art and music. In Part 4, the contributors examine controversies about music and contestation over artistic matters, whether in the public sphere, in the American judicial system, or in an emerging academic discipline. The editor’s introduction and Ron Eyerman's afterword place the chapters in context and reflect on their collective contribution to meaning-centered sociology.




The Oxford Handbook of the Sociology of Finance


Book Description

Recent years have seen a surge of interest in the workings of financial institutions and financial markets beyond the discipline of economics, which has been accelerated by the financial crisis of the early twenty-first century. The Oxford Handbook of the Sociology of Finance brings together twenty-nine chapters, written by scholars of international repute from Europe, North America, and Asia, to provide comprehensive coverage on a variety of topics related to the role of finance in a globalized world, and its historical development. Topics include global institutions of modern finance, types of actors involved in financial transactions and supporting technologies, mortgage markets, rating agencies, and the role of financial economics. Particular attention is given to financial crises, which are discussed in a special section, as well as to alternative forms of finance, including Islamic finance and the rise of China. The Handbook will be an indispensable tool for academics, researchers, and students of contemporary finance and economic sociology, and will serve as a reference point for the expanding international community of scholars researching these areas from a broadly-defined sociological perspective.