Art and economy / 1 comment

Danica Phelps, June, 2005 (2005)

Danica Phelps, June, 2005 (2005)

Art is an economy—it is an exchange of resources, a cycle of production and consumption. At a societal level, we process the environment around us, both conceptually and literally, shaping raw materials to create a personal response—finally inserting it back into the world. The desire to make a mark on our environment is the foundation of culture, which can become art once it is assigned value. The more money is exchanged, the higher the perceived value of the work. Economy is a theme informing the work of many artists, three of which I’ve chosen to feature here for the connections I see in their work.

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