Read this: Pier Luigi Sacco, Post-Millenium Tension (article)

Post-Millenium Tension
Contemporary Art at a Crossroads

https://www.kunsten.be/dossiers/kunstenlandschap/perspectief-offspaces/8852-post-millennium-tension

 

Flanders Art Institute commissioned the article by Prof. Pier Luigi Sacco on the relation between the booming art market and the socioeconomic position of artists.

Abstract:
In his article, professor of economics Pier Luigi Sacco calls our attention to a crucial tension in the way contemporary visual arts operate (internationally) today. In the last few years, the global art market has been in the midst of an enormous boom. From a distance, says Sacco, this might seem a good thing, but from close by, it presents a far less cheerful vision. Despite ever more and ever richer art collectors, for most artists, everyday reality has become increasingly difficult.

Pier Luigi Sacco is a cultural economist at Harvard University and at IULM University Milano. Special adviser of the commissioner of Culture of the EU.

Flanders Arts Institute is a government funded institution which supports the development and international relation in visual arts, music and performing arts in Flanders region / Belgium

www.flandersartsinstitute.be

Reference:
Dirk De Wit, Coördinator internationale relaties en beeldende kunsten,  Kunstenpunt / Flanders Arts Institute