Book contents
- Frontmatter
- Contents
- Preface
- 1 Sacred Art: Who Has the Power to Define Art?
- 2 The Denial of the Economy: Why Are Gifts to the Arts Praised, While Market Incomes Remain Suspect?
- 3 Economic Value Versus Aesthetic Value: Is There Any Financial Reward for Quality?
- 4 The Selflessly Devoted Artist: Are Artists Reward-Oriented?
- 5 Money for the Artist: Are Artists Just Ill-Informed Gamblers?
- 6 Structural Poverty: Do Subsidies and Donations Increase Poverty?
- 7 The Cost Disease: Do Rising Costs in the Arts Make Subsidization Necessary?
- 8 The Power and the Duty to Give: Why Give to the Arts?
- 9 The Government Serves Art: Do Art Subsidies Serve the Public Interest or Group Interests?
- 10 Art Serves the Government: How Symbiotic Is the Relationship between Art and the State?
- 11 Informal Barriers Structure the Arts: How Free or Monopolized Are the Arts?
- 12 Conclusion: a Cruel Economy: Why Is the Exceptional Economy of the Arts so Persistent?
- Epilogue: the Future Economy of the Arts: Is this Book’s Representation of the Economy of the Arts Outdated?
- Notes
- Literature
- Index of Names
- Index of Subjects
2 - The Denial of the Economy: Why Are Gifts to the Arts Praised, While Market Incomes Remain Suspect?
Published online by Cambridge University Press: 23 January 2021
- Frontmatter
- Contents
- Preface
- 1 Sacred Art: Who Has the Power to Define Art?
- 2 The Denial of the Economy: Why Are Gifts to the Arts Praised, While Market Incomes Remain Suspect?
- 3 Economic Value Versus Aesthetic Value: Is There Any Financial Reward for Quality?
- 4 The Selflessly Devoted Artist: Are Artists Reward-Oriented?
- 5 Money for the Artist: Are Artists Just Ill-Informed Gamblers?
- 6 Structural Poverty: Do Subsidies and Donations Increase Poverty?
- 7 The Cost Disease: Do Rising Costs in the Arts Make Subsidization Necessary?
- 8 The Power and the Duty to Give: Why Give to the Arts?
- 9 The Government Serves Art: Do Art Subsidies Serve the Public Interest or Group Interests?
- 10 Art Serves the Government: How Symbiotic Is the Relationship between Art and the State?
- 11 Informal Barriers Structure the Arts: How Free or Monopolized Are the Arts?
- 12 Conclusion: a Cruel Economy: Why Is the Exceptional Economy of the Arts so Persistent?
- Epilogue: the Future Economy of the Arts: Is this Book’s Representation of the Economy of the Arts Outdated?
- Notes
- Literature
- Index of Names
- Index of Subjects
Summary
‘How Much Does this Painting Cost?’
When you enter a commercial gallery and you want to know the prices of the exhibited artworks, you’re in trouble. If you’re not familiar with galleries, you’ll probably look for a price tag placed near the artworks. Anywhere else, from the supermarket to the car showroom this procedure will get you the information you want. Not so in a gallery. If you’re clever you’ll look in an odd unexpected corner to find a sheet of paper with a pricelist. But often there is no pricelist and so you muster up a little courage and approach a desk somewhere in the back of the gallery. There you’ll find the owner or an assistant busy on the phone, trying to make the fax work, typing or just looking bored; anyway, she pretends you are not there. Almost annoyed, she hands you the list. Meanwhile, you will have noticed that there is no cash register anywhere. You wonder if there is some old cigar box with money in it somewhere hidden in a cupboard.
When artworks are sold, you may find that red stickers cover their prices on the list. For an instant you’re tempted to lift up a sticker to find out the price. After all, like most shoppers, you like to make price-quality comparisons. But then you feel the eyes of the assistant on you and you decide not to. You remain much longer in this gallery than you had intended. Since it was such a big deal to get the list you feel you cannot hand it back too soon. Anyway, you will certainly think twice about entering a gallery ever again.
How to Make a Deal in a Chic Way
Sacha Tanja runs the art collection of the ING Group, the second largest bank in the Netherlands (and one of the largest bank-insurance companies in Europe) and as a result she oversees the highest private budget spent on visual art in the Netherlands. Sacha Tanja visits the Alex's studio together with two assistants. They stay for about one and a half hours. They drink tea and chat about everyday matters. There is no exalted discussion about high art. In the meantime, she and her assistants sort through Alex's work. They make selections and sub-selections.
- Type
- Chapter
- Information
- Why Are Artists Poor?The Exceptional Economy of the Arts, pp. 34 - 51Publisher: Amsterdam University PressPrint publication year: 2008