Re: Is anyone making any money ?
From Publishers Weekly Review of Book: Seven Days in the Art World:
" The hot, hip contemporary art world, argues sociologist Thornton, is a cluster of intermingling subcultures unified by the belief, whether genuine or feigned, that nothing is more important than the art itself. It is a conviction, she asserts, that has transformed contemporary art into a kind of alternative religion for atheists. Thornton, a contributor to Artforum.com and the New Yorker, presents an astute and often entertaining ethnography of this status-driven world. Each of the seven chapters is a keenly observed profile of that world's highest echelons: a Christie's auction, a Crit session at the California Institute of the Arts and the Art Basel art fair. The chapter on auctions where one auction-goer explains, "t's dangerous to wear Prada.... You might get caught in the same outfit as three members of Christie's staff" is one of the book's strongest; the author's conversations about the role of the art critic with Artforum editor-in-chief Tim Griffin and the New Yorker's Peter Schjeldahl are edifying. Thornton offers an elegant, evocative, sardonic view into some of the art world's most prestigious institutions. "
"Art and business, personal quests and personality cults, big bucks and the triumph of concept over beauty, being cool and in the know—these are the cardinal points in the contemporary art world. Enter Sarah Thornton, an art historian and sociologist with moxie and a brilliant game plan. Willing to ask obvious questions, she infiltrates the seven circles of this competitive realm. An astute observer and stimulating storyteller whose crisp sentences convey a wealth of information, Thornton marvels at the military precision of a Christie’s auction and the wild improvisation of an art-school critique. On to Art Basel, a major international art fair where the “hard buy” rather than the hard sell is the rule since an artist’s reputation is tied to those who own his or her work. Thornton witnesses the final stage in the judging and presentation of the Turner Prize, watches editors at work at Artforum, attends the coveted Venice Biennale, and spends a dizzying day with the wizardly artist-entrepreneur Takashi Murakami. Thornton’s uniquely clarifying dispatches from the art front glimmer with high-definition profiles of artists, dealers, critics, and collectors, and grapple with the paradoxes inherent in the transformation of creativity into commodity." --Donna Seaman
"Every time I make a mistake I fall into the abyss of learning something New"