September 29, 2011
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When the government and donors bridge this gap between aesthetic and market value, the correspondence between these values increases. And as the conflict between modern and contemporary visual art groups gradually disappears, the correspondence between aesthetic value and market value … Continue reading
September 26, 2011
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Why do the contemporary visual art experts have more cultural authority than the modern (traditional) visual art experts? Apparently the avant-garde’s cultural capital is more valuable than the traditionalists. The avant-garde experts belong to the so-called ‘new cultural elite’, which … Continue reading
September 26, 2011
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Is it possible that the powers of the social group that leading experts belong to are different from those of consumers? On average art consumers are part of a social group that has relatively more economic capital (wealth) and income … Continue reading
September 21, 2011
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Before embarking on a discussion of the relationship between aesthetic and economic value, the meanings of these terms should be clarified. Aesthetic value is what experts call aesthetic value. The experts include artists, critics, mediators, and consumers with authority in … Continue reading