|
Ambiguity in the Art Values: An Ethnographic Study of the Moral Economy of the Commons in Indonesian Artworld a. Faculty of Fine Arts, Bandung Institute of Technology Abstract The values of art in the modern capitalist ecosystem are created within the artworld, which consists of a set of relationships among its constituent components: artists, galleries, collectors, curators, critics, universities, and mass media that are associated with artworks. The artworld is not static but constantly shaped by economic exchanges among its components and resonates with the socio-economic structures that underpin it. Artworks as objects acquire valuable meanings as commodities not only through the exchange of economic, but also social exchanges. Through these exchange mechanisms, art objects are able to serve as a moral compass for the wider public or fall within the realm of common values. However, the relationship between art objects, social value, and economic value raises the question: what causes a work of art to become highly expensive? Keywords: ambiguity, commons, social exchange, values Topic: Development Studies and Humanities |
| ICCDBS 2023 Conference | Conference Management System |