Postmodern values

GDP of South Africa is 276 billion dollars. GDP of Netherlands is 871 billion dollars. Not so much compared to 14.6 trillion dollar GDP of United States, but definitely enough to allow Marlene Dumas to have market for her art. Will you have market for anything if you have a monetary base to support it? Of course. GDP of Belarus is 60.3 billion dollars, GDP of Russia 1.68 trillion definitely not counting much contemporary art as part of it. Indeed you could fill markets with currency just if you have an internal regulations for it. Auction houses? Sotheby's is a British company. Bonhams is British as well. Christies was British, now French. Countries with longest cultural history are best in means of support and creation of new values. GDP of Great Britain is 2.67 trillion, perhaps 80% art? Half-joke. of course it's 70% of highly technological items and scientific researches is art science to? Indeed. Great example to follow. Creation of a new values is something extremely important in postmodern economy. Which is, like an art, has to be an extremely sophisticated but rational system to let society stay organized and exist by the means of rational and continuous reason.

How many people except for Ronald Lauder would pay 135 million dollars for painting of Adele Bloch-Bauer I by Klimt? Perhaps just a few. Is that a question of estimate or kind of target one is interested to set for rest to follow? Indeed in the age of uncertainty one must have certain icons. Marxist theory has to be assumed dead, there is not anymore labor counts. When robots do the most, what you only have left is to invent, create and live in the free world.

*source of GDP estimates: Google
http://sothebys.com/
http://christies.com/
http://phillipsdepury.com/
http://bonhams.com/

Markets for ultra-new

Indeed, addiction may result in constant shopping, yet, no one yet compared shopping for milk of gas to art collecting, quite frankly, you could substitute any kind of goods with more rational products or no shopping at all, true. You could not acquire anything at all. It is just commodities made by others. You just apply certain monetary measure to it. Yet, of course, art is not among required for basic survival goods. It is extremely lucrative product, quite opposite to food either apartment buildings. Yet you may substitute many common things without feeling that something lost. Matter is just fashion, your social connections and trends. Theoretically, one may even substitute food to powering from solar panels. Strangely, automobiles or computers has never been compared to art. Despite this, they have great deal of design and complex intelligence in it, only lacking distinction of art brand. Virtual realities may receive all properties of physical world. You may shop for art or kind of "über-commodity" or anything else as constant as you shop for milk, cell phones or gas, indeed it is only matter of supply and demand for other products, social trends and disire for expansion and exchange. Practically you can program society in many ways to follow things. Futurism is time for values defined solely by intelligence.