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Wealth of Nations Tag

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PRESS RELEASE 16.09.10 Autumn programme  at Spike Island Gallery One Wealth of Nations Curated by Institute for Flexible Cultures and Technologies – NAPON (Kristian Lukic, Gordana Nikolic) Preview: Friday 08 October, 6-9pm. Exhibition runs: 09 October to 28 November alongside Notes Part I, II & III, Charlie Tweed in Gallery Two. Gallery Opening Hours: Tuesday – Sunday 11am-5pm WEALTH OF NATIONS - Daniel Andújar (Spain), Michael Aschauer (Austria), Slavko Bogdanovic (Serbia), Luchezar Boyadjiev (Bulgaria), Heath Bunting (UK), Bureau of Inverse Technology (Melbourne, San Francisco, Berlin), Shu Lea Cheang (France/ USA), Derivart (Spain), Irational.org - Kayle Brandon (UK) & Heath Bunting (UK), IRWIN (Slovenia), Ola Pehrson (Sweden), Société Réaliste (France), Kate Rich (UK), Vladimir Todorović (Singapore / Serbia) Curators: Institute for Flexible Cultures and Technologies - NAPON (Kristian Lukic, Gordana Nikolic) Independent curators Kristian Lukic and Gordana Nikolic, who collaborate together under the banner of the ‘Institute for Flexible Cultures and Technologies – NAPON’, have been invited by Spike Island to re-stage their 2009 exhibition ‘Wealth of Nations’. ‘Wealth of Nations’ explores the influences that the economic and financial sectors have on society and consequently, on cultural production through a selection of works by international artists and collectives, some of whom have directly experienced the shift from socialist to liberal political and financial systems. The artists selected by the curators variously investigate the role of the market on the ‘true’ value of an artwork, illustrate stock exchange relations in choral form and parody the commoditisation of nature in new forms of currency. Others explore alternative economic systems from the social and cultural capital traded by artists to quasi-legal trading in real world identities and the historic moral propositions laid down in Islamic Banking.

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Wealth of Nations

09 October - 28 November

Gallery One & Perimeter Gallery

The term "Wealth of Nations" is the title of the seminal book by the Scottish economist Adam Smith, in which he establishes and defends the basics of Liberal Economic Policy. Liberal Economics experienced its peak in the 1990s after the concept of Real Socialism had failed and the global free market had been established. This economy, however, has entered a period of deep crisis in past years and it affects the stability of societies. This syntax Wealth of Nations is used, on the one hand, as a theme for today’s state of liberal economy and, on the other hand, raises serious questions: What really constitutes value? Is it social interaction, beliefs and fears along with market indexes? To what extent is money nature or culture? Is money the equivalent of goods, labour, or is it self-referential? In this group exhibition of international artists and art collectives the notions of (material and immaterial) value, money and debt within today's society, as well as social practices reaching for alternative models of economy are explored.
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Wealth of Nations Wealth of Nations Exhibition (6–14th June, Trg Slobode, Novi Sad)
Conference (7th and 8th June, SNP, kamerna scena)

Wealth of Nations is a part of the Cinema City festival and consists of an exhibition and a conference. The term ‘Wealth of Nations’ is the title of the seminal book by the Scottish economist Adam Smith, in which he establishes and defends the basics of Liberal Economic Policy. Liberal Economics experienced its peak in the 1990s after the concept of Real Socialism had failed and the global free market had been established. This economy, however, has entered a period of deep crisis in the past few months and it might, for a shorter or longer period, affect the stability of societies all over the planet. The topic of ‘Wealth of Nations’ this year will delve into the influences that the Economic and Financial sectors have on society and consequently, on cultural production.

The aim of both the exhibition and the conference ‘Wealth of Nations’ is to bring together Art, Theory, Social Sciences and Economics, Cultural Studies and Finance in order to discuss the phenomenon of money within different social and historical contexts and meanings. According to its definition money is : a) a measure of value b) a medium of exchange and c) a medium of capital accumulation. The fact is that money is never solely money as a measure of economic value. It is a measure of value that participates in the constitution, and the control and regulation of both the material and nonmaterial (irrational or imaginary) social body/subject and its relations. From such a position, money can be viewed as the basis of social power, as the main element or measure of value, or as a symbolic or numerical abstraction.
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