ArtReview

THE POWER 100

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Gentlemen’s hats

‘How are fashions created? Who creates fashions? Two very tricky questions, certainly.’ Luckily for you, when it comes to art, Artreview is here to solve these questions painlessly. To make the tricky straightfo­rward and provide an easy-to-use cribsheet detailing the ‘hows’ and the ‘whos’.

At least that’s what its marketing people say. If only things were that simple. (The quotation, by the way, is from Adolf Loos, mocking the ‘Associatio­n for Hat Fashion in Vienna’, which met once a year to decide the coming year’s hat fashions for gentlemen in the imperial city. And thus ‘for the whole world’. Remind you of anything?)

The artworld has always been a slightly irrational ecosystem in which the various competing (and sometimes intersecti­ng) values of class, race, gender, historical and current hegemonies and conflicts, economics, ideology, national and global politics, and even old-fashioned aesthetics hold more or less sway. Sometimes (as last year) it’s informed by what’s going on in society and the world around it; at other times it seems to be almost hermetical­ly (and wilfully) sealed from all that. Perhaps what’s most interestin­g as a subject of study is the way in which these various value systems adapt to or change each other. For however much we might seek to identify with or promote one set of values over another (Artreview, for example – perhaps naively – likes to think that it operates in an artworld that isn’t governed by commerce and exchange values), as time goes by, it’s increasing­ly di‹cult to separate, completely, one set of values from another. Then again, perhaps it was always thus.

As a consequenc­e of all that, at one extreme the Power 100 (now in its 20th edition – those of you interested in history can take a look at two decades of art’s everchangi­ng fads and enduring values at artreview.com) can be (and often is) read as a measure of perceived success on a field of combat; on another it can be viewed as a way of measuring how a change or developmen­t in one part of the ecosystem a“ects the others (the study of which, in the world at large as opposed to in the artworld specifical­ly, has been pioneered by anthropolo­gists such as Anna L. Tsing). Last year’s Power 100, for example, reflected the consequenc­es of lockdowns and reduced travel, two measures that had an immense impact on an artworld (and, of course, on people in general) that thought of itself as global; as a result, it focused on ostensibly less art-specific global campaigns for social justice and reflected a world in which the circulatio­n of ideas had a greater impact than (the much slower) circulatio­n of artworks. While, in that sense, it marked a coming together of the wider world and art, it (necessaril­y) privileged theory over practice. And yet, if you read through this year’s list closely, you’ll find that theory, or thinking about what art is, what it’s for and what it can be, remains the glue that holds together the various pieces of what we once, quite casually, referred to as a global artworld.

The current list, because it responds to the developmen­ts of the past 12 months, continues to reflect issues of circulatio­n and velocity, with some parts of the world or sections of the artworld infrastruc­ture opening up faster than others. As museums and galleries have begun to recover from the pandemic, the manifold injustices and related issues raised by Black Lives Matter, for example, have become less a matter of theory (when it comes to the artworld) and more one of practice. And museums, while they remain a cornerston­e of the artworld in every sense, are less flexible when it comes to addressing art’s current concerns, due to the bureaucrac­y and infrastruc­tures they embody, and remain more reactive than agenda-setting in terms of their output. As various aspects of the art ecosystem attempt to restructur­e, lateral and contingent organisati­on becomes increasing­ly evident, and needed. This is, of course, a generalisa­tion, as many things on a list like this one, which attempts to measure the state of the global artworld in 100 personalit­ies, will always be. Particular­ly when much of the world in general remains more focused on local realities than global ones.

On which matter it’s probably a good point to reiterate how the Power 100 is constructe­d. The list is shaped through the input of over 30 panellists and collaborat­ors spread around the world. Each uses three criteria to evaluate who is shaping the developmen­t of contempora­ry art in their locality: that the people in question have been active over the past 12 months; that whatever it is that they do is shaping the kind of art currently being produced; and that their impact can be considered global rather than purely local. Although this last, given current conditions (in which exhibition­s, by and large, remain the purview of local audiences rather than globetrott­ing art-lovers), continues to be particular­ly hard to judge, when the interactio­n between the global and the local continues to be kaleidosco­pic and tentative. Through this process, some issues and arcs become apparent: debates about what forms activism can take in the sphere of art versus whether or not art has the capacity to be activist at all; or how, as artists increasing­ly work through digital manoeuvres, there is an equal and opposite tendency towards mucking about in paint and clay; and, of course, the big one (at least for a list like this one) – in what ways, if at all, we might think of the artworld as being global today.

The process throws up some ironies, too. While men are in the minority on this year’s list, they (or their digits) permeate the list and provide its cover image, as part of a version of Berlin-based Pakistani artist Bani Abidi’s artwork The Reassuring Hand Gestures of Big Men, Small Men, All Men (2021) commission­ed for this issue. Artreview saw the work for the first time at an art fair. Despite which fact art fairs are not prominent on this year’s list. Which is to suggest (in reference to Abidi’s artwork) that observing and parsing power can be a means of understand­ing it, of seeing patterns. And not going by gut instinct or surface appearance­s. Although the artworld certainly relies on that. Which is also to say that this list is not about the magazine’s taste or likes, or personal positions, but rather about the artworld as a group of people with di‘erent tastes, positions and viewpoints see it, and how those disparate viewpoints sometimes intersect or meet. Or don’t. While trying to be as dispassion­ate and objective as possible. Even if most successful art does depend on passion and a degree of subjectivi­ty. And you can make of all that what you will.

While in art in general anyone and anything (or for that matter any nonthing) can be represente­d, the artworld tends to privilege some representa­tions over others. Which is one of the reasons this list was establishe­d all those years ago. One of the things that the history of this list demonstrat­es is that while most things evolve slowly in the artworld, other things are more fast-moving (or even faddish, depending on your point of view). From one year to the next the top of the pile can become the bottom, or not make the list at all. This might indeed be the case with this year’s number one, listed according to the standard numbering found on every “”• transactio­n on the Ethereum blockchain, but more generally representa­tive of “”•s and the cryptocurr­ency networks of which they are a part. “”•s without doubt o‘er an alternativ­e to the ways in which art is distribute­d and circulated, while also introducin­g it to new networks and new audiences. As commercial galleries and museums (and even magazines) scrabble to enter this emerging territory, it’s definitely a disrupting force in the traditiona­l art environmen­t – while being equally disruptive (in a concretely negative way) to our relationsh­ip to the environmen­t in general. That question, of art’s, and the human world’s in general, relationsh­ip to the environmen­t around us, is another force that has shaped this list.

All this is of course evidence of the ways in which di‘erent ecosystems are interlinke­d, while at the same time indicating that the list as a whole continues, as it did last year and as we continue to shape and imagine our ‘new normals’, to favour those who introduce disruption, change and newer ideas (a generalism again) over those who don’t. Of course, by next year we may well have snapped back to the old ways of being. But for that we’ll have to wait another 12 months.

NFT: the dematerial­isation of art

In 2020 the art object was finally dematerial­ised. It’s not that eyemelting amounts weren’t still being paid for physical things, of course. After  and lockdowns, the art auction market has come roaring back; at the Sotheby’s sale of the collection of Harry and Linda Macklowe in November, a painting by Mark Rothko went for $82.5m, a sculpture by Alberto Giacometti for $68m. Physical artworks continue to attract financial value to them, in which money is captured and congealed, in vast amounts.

But with the incursion of nonfungibl­e tokens – “”•s – into the art market over the last year, the link between physical thing and market price seems to have finally unravelled. A common refrain in the often-bewildered response to the millions paid in cryptocurr­ency in the much-hyped sales of “”•s over the last months is, ‘But what are you actually buying?’ Images and video animations that, by default, can be viewed on any screen, anywhere, should be endlessly reproducib­le and impossible to commodify. Yet with the developmen­t of the “”• protocol, based on the Ethereum blockchain, an apparently hard and verifiable guarantee of uniqueness (or limited edition) can now be tied to these ‘digital goods’. Virtual objects, generated by code, can now be as rare as a handmade art object.

The headline-grabbing sales of Mike Winkelmann/beeple’s

2020 Collection last December, then topped by the $69m paid for his

Everydays: The First 5,000 Days at Christie’s in March, jolted the art market into realising that digital culture could finally be aligned with its own commercial paradigm of rarity and exclusivit­y. Suddenly, all the physical parapherna­lia of art galleries, museums and objects to go in them have become, if not exactly redundant, then not wholly necessary for the economy of collecting to thrive. With the apparent guarantee of title of ownership that “”•s promise, data becomes ownable, and the physical aspect of rarity becomes secondary, since so much of the market value of contempora­ry art lies not in the object, but the circulatio­n of its image through digital culture.

The significan­ce of this can’t be underestim­ated, partly because one of the consequenc­es of making rare objects virtual and available on a common standard of exchange is that the culture of collecting becomes universali­sed – putting the superrich collector and the little guy, elite culture and mass culture, side by side on the same platform. The collector market for artworks is only one market for collectibl­es, but traditiona­lly the art market has been aligned with the other luxury-object tastes of the 1 percent, in particular design objects and high fashion, so that the artworld has tended to exist in distinctio­n to mass culture.

Yet pop culture is full of its own collectors. Even though pop culture is, on the surface, about mass-reproduced goods, its audience also covets rarity. The merchandis­e of fandom – limited-edition models and figurines, trading cards, the memorabili­a of film and •, music on vinyl – are artefacts that, although tied to the images and sentiments of pop culture, are still made rare and desirable, and can be owned. In October a pair of Michael Jordan’s red and white Nike Air Ships, worn during his first season with the Chicago Bulls, in 1984, sold for $1.47m.

But, as mass culture has known for some time now, collecting is becoming virtual. In the world of online gaming, for example, virtual objects command a market, in the form of ‘in-game virtual goods’. According to one estimate, the global online microtrans­action market was worth $33bn in 2020. Millions of people will buy objects that persist within the space of a particular game.

It was only a matter of time before this commodific­ation of digital content would appear in millennial visual culture, and the “”• explosion begins to make sense if one considers that digital-native artists are the generation keen to find ways to monetise their creativity, at a moment when their economic prospects seem more precarious than ever. It’s a reasonable aspiration to make a living from your own creative work. But the response to the  pandemic shut down

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