Description
Book Synopsis: This book scrutinizes the excesses and extravagances that the 21st-century explosion of the contemporary art market brought in its wake. The buying of art as an investment, temptations to forgery and fraud, tax evasion, money laundering and pressure to produce more and more art all form part of this story, as do the upheavals in auction houses and the impact of the enhanced use of financial instruments on art transactions. Drawing on a series of tenaciously wrought interviews with artists, collectors, lawyers, bankers and convicted artist forgers, the author charts the voracious commodification of artists and art objects, and art's position in the clandestine puzzle of the highest echelons of global capital. Adam's revelations appear even more timely in the wake of the Panama Papers revelations, for example incorporating examples of the way tax havens have been used to stash art transactions – and ownership – away from public scrutiny. With the same captivating style of her bestselling Big Bucks: The Explosion of the Art Market in the 21st Century, Georgina Adam casts her judicious glance over a section of the art market whose controversies and intrigues will be of eye-opening interest to both art-world players and observers.
Details
Step into the intriguing world of the art market with Dark Side of the Boom: The Excesses Of The Art Market In The 21st Century. This captivating book takes you on a journey through the highs and lows of the contemporary art world, revealing the lavish lifestyles, astronomical prices, and scandalous secrets that surround it. Explore the glamour and allure of this exclusive realm, where collectors and investors compete fiercely to own the most coveted pieces, and where artists become overnight sensations. Immerse yourself in this thought-provoking narrative that sheds light on the darker side of the art market, leaving you both astounded and captivated.
Discover the untold stories of legendary art deals and the eccentric personalities behind them. Dark Side of the Boom exposes the greed and excess that fuel this billion-dollar industry, offering a rare glimpse into the inner workings of an exclusive world. Delve into the dramatic auctions, high-stakes negotiations, and cutthroat tactics used to acquire works of art that could be considered priceless. Brace yourself for a rollercoaster ride of emotions as you witness the interplay between money, power, and creativity.
Witness firsthand the ongoing battle between art as an expression of cultural identity and its transformation into a tradable commodity. Dark Side of the Boom challenges conventional notions of value, provoking thought about the subjective nature of art and its worth in today's society. Gain a deeper understanding of the controversial issues surrounding art ownership, cultural appropriation, and the blurring lines between art and business.
Are you ready to uncover the mysteries of the art market and delve into the captivating world of contemporary art? Embrace the allure of Dark Side of the Boom: The Excesses Of The Art Market In The 21st Century and embark on a journey that will leave you intrigued, inspired, and hungry for more.
Unlock the secrets of the art market today with Dark Side of the Boom.
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