Qatar or why does capitalism kill the art market? automatic translate
Corruption in the art world is one of the main topics of discussion - every second art show causes bewilderment of its commercial component. For those who are not part of the art market, this may not be so obvious, but note: the growth of the role of art as an investment commodity for the ultra-rich, it seems, increasingly distorts the process of making any art decisions for everyone else. And the best confirmation of this is the picture by Paul Gauguin, sold not so long ago for $ 300 million.
Any discussion of the monetary value of objects of art causes rather frustrated anger among real artists, including because it generates too many «commercial» works, executed just for sale and often having nothing to do with genuine art.
Painting 1892, written by Paul Gauguin, updated the record - now this is the most expensive ever sold paintings. The last 50 years the work was exhibited in the Art Museum in Basel, Switzerland, but its previous owner decided that he could make good money on it and was not mistaken.
There are a number of frankly mysterious aspects in this story. First, why is Gauguin so expensive? Secondly, why Qatar is ready to pay such money for art? Economists are racking my brains over these questions. Is there an aesthetic component in the interest in this painting or is it just a business decision? The list of the top 10 most expensive paintings ever sold does not give any explanation as to why some artists have become so valuable, while others are not. The list includes Renoir, Picasso, Pollock, Kuning, Klimt and Bacon - a kind of mixture of refined modernists and popular authors of «beautiful pictures». The selling price in many cases is determined solely by past experience, in other words, the artist’s works are valuable only because someone paid a round sum for them in the past. It turns out a vicious circle, controlled by dealers and collectors, in whose interests to keep prices at the highest possible level.
Paul Gauguin, for example, was not very well known during his lifetime; the cost of his paintings seriously grew after many years after his death. Paradox paradox - a country that respects the strict laws of the sharia buys a picture of the artist, whose life is far from the standard of morality and morality. Throwing his wife and five children, Gauguin went to live on the southern islands, where he had many connections with young women and died, weakened by alcohol and, possibly, syphilis, due to an overdose of morphine.
Now, because of the unimaginable cost of his painting, he is closely associated with such concepts as «elite» and «luxury.»
We do not know if the $ 300 million picture will be exhibited for the public or be in a closed private collection. The royal family of Qatar made collecting art objects their mission.
Having an exquisite taste, they already possessed valuable examples of Islamic art, both ancient and modern, as well as such «complex» examples of modern Western art as the works of Damien Hirst and Louise Bourgeois.
Today, Qatar is the world’s largest buyer of art objects. The Al-Thani family is in a position almost alone to push up world prices for art, because it is ready to pay more than anyone else for any valuable work. One member of the family, Saud bin Mohammed Al-Thani, was even charged with reckless waste of money and placed in 2005 under house arrest after he could not pay the bill for a purchase of $ 20 million.
However, in the case of absolute monarchy it is impossible to separate state money from private money, so it can not be said that the collection belongs to the royal family, and equally belongs to the people of Qatar. It’s just a matter of motivating the Al-Thani family that remains open: do they do it for the love of art and the desire to provide a valuable educational experience for their citizens, or is it just an investment in the economy and a desire to be the first in everything?
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