15.10.12

The contemporary art fair: a good or bad thing for artists? (Guardian Professional)

While integrity and income aren't mutually exclusive, Afshin Dehkordi questions the influence of fairs on artistic practice.

"As one international photographer commented to me "art fairs are a necessity". They offer artists exposure and an income stream, a slice of the financial pie – and it's a big pie. According to Bloomberg, $350m worth of artworks were on sale at Frieze 2011.

The exchange of capital for goods require a facilitating market, a London Stock Exchange for art, and art fairs would argue that they fulfil that function, bringing buyers and sellers together for mutually beneficial trade. Critics, on the other hand, argue that Frieze is more of an Ikea for millionaires – home furnishings replaced by somewhat tasteless art."

Read further: Frieze 2012 and the contemporary art fair: a good or bad thing for artists? - Guardian Professional.

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