Fairs, and the workings of power
Art Market | Over the last few years, the world map of contemporary art fairs has developed in synchronicity with the developments engendered by globalisation. First devised by the galleries of Europe in the 1970’s as a way of coming together and raising their profile, they have since proliferated. Some major fairs have taken up a leading role in the globalised art market, controlling high stakes, be they commercial, cultural, identical or even financial. So appears an « Art Fair Market » notable for its rabid competitiveness, causing the organising bodies to develop effective strategies which can also influence modern artistic trends.
Spotlight on a power structure.
In the beginning, unity was strength
The Post war artistic scene, dominated by the United States promoted a new sense of freedom and fresh attitudes, and as Paris gradually lost its position as the leading light of the Modern Art market, New York became the world capital of Contemporary Art. During the seventies, 3 European cities, Cologne, Basel and Paris developed a new spirit of cooperation.
1967 - Cologne, a pioneering and democratic fair
During the 1960’s, West Germany, which had inherited a market culture in the Middle Ages (the Frankfurt Book Fair) particularly in the rich and industrial Rhineland, gives birth to the Modern Art Fair. Kunstmarkt Koln 67 sees the light of day thanks to two dealers, Hein Stunke and Rudolf […]
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