Monday, December 1, 2008

sew inspired.

I read this in 'Interview' Magazine:
ART
"Between October 9, 2007, and September 12, 2008, the U.S. Stock Market lost $4 trillion in value. So where does the money go? Does it implode into a sort of virtual black hole? A friend of ours once theorized that a crash is like losing weight, and that the dollars are given off as heat. But if that were true, all that former dough would have replaced fossil fuels. We believe in the law of the conservation of energy, so all that value had to go somewhere. As far as we can tell, it probably went into the art market. The day Lehman Brothers filed for bankruptcy, Sotheby's opened an auction of Damien Hirst works, "Beautiful Inside My Head Forever," which raised $198 million. The art market is a likely hiding place for that fugitive $4 trillion - and the money will be happier there. We like the long view. And we'd much rather look at a painting than a financial instrument. When was the last time you got inspired by a contingent premium option? Or got a compliment on your credit card derivatives? For us, art is where the real value resides. It recalls the days when value had values. Art isn't greedy. It's a gift. It reminds us of what people like about religion, sex, and drugs and rock 'n' roll, sports, and fashion - all at the same time. It's something you can believe in. Something that gets you off. Something you can watch or play. And it's something that not only speaks to who you are, but that transforms you into who you want to be. But we don't want to give away the ending. Let's leave the details up to the artists. The financial markets may be in turmoil, but no matter what happens, we still have art. And that's what we really value."

This piece really encouraged me to think that no matter how depressing the world may get, there will always be art, fashion. The world could stop spinning tomorrow, and I'd still wake up and go to fashion class. 

1 comment:

Chandler said...

the us is going in a shitter, i like this one stace! and art will always be around no matter what =)