Category: Issue #48

The Global Rules of Art: The Emergence and Divisions of a Cultural World Economy

It is assumed that “thinking globally” is a moral imperative within the humanities. Is it? Among other things, it presumes a neutral space from which to expand one’s geographic purview, as though curators and scholars could stand outside the global game of profit and recognition. In this issue of The Tank, art historians and critics respond to sociologist Larissa Buchholz’s analysis of the global contemporary art field. Do globalizing initiatives really serve artists outside the Global North? Or do they refract neoliberal logics of concentrating capital and expanding markets? Has the global turn transformed our evaluative norms? Or has the very concept of “the global” become just another currency for meting out prestige?

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The Theory of Immediacy or the Immediacy of Theory?

At a crucial juncture in her reconstruction of Marx’s account, Kornbluh claims that “labor makes things useful, while exchange and its hypostasis in the concept of value and the medium of money is the activity that generates value qua value.” But this neglects Marx’s distinction between abstract and concrete labor, or labor as productive of value and labor as productive of objects of use. Contrary to Kornbluh, value is not “generated” by exchange but rather by the expenditure of labor time and realized through exchange. So long as value—labor time—is the measure of social wealth, workers must expend abstract labor in exchange for a wage, while the capitalist appropriates the products the worker has valorized. This implies that the form of distribution—the propertylessness of the worker—is grounded in the form of production itself.

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