Zachary Formwalt - Three Exchanges

smba-newsletter-139.pdf (500 Kb)

27 November 2014 - 25 January 2015

Opening: Thursday 27 November, 5:00 p.m. - 7:30 p.m.

Stedelijk Museum Bureau Amsterdam presents the solo exhibition Zachary Formwalt –Three Exchanges. In three recent video installations, Zachary Formwalt focuses on the architecture of the new OMA-designed Shenzhen Stock Exchange, and the Amsterdam stock and commodities exchange designed at the end of the nineteenth century by the socialist architect, H.P. Berlage. The three installations dig into a fundamental issue surrounding financial trade: whereas financial transactions seem to dictate our economy and thus their effects can be felt everywhere, the activity of trading itself has become increasingly remote, unavailable for any kind of actual human encounter. The architecture of the stock exchanges serves as a starting point to a profound investigation into the limitations of photography to represent capital and into the interrelationships between financial capitalism and image making.

Zachary Formwalt –Three Exchanges in SMBA is the third exhibition in the series of the Stedelijk Museum’s Global Collaborations programme. The exhibition will travel to the Museum of Contemporary Art in Belgrade in January 2015.
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Art, Capital & Avant-Garde
2 weeks ago - 29/11/2014

Saturday, 29 November 2014

Location: De Balie, Amsterdam
Time: 10:30 a.m.
Admission fee: website De Balie

Recently the international auctions have broken all records on the works they sell. Over 20 million euros were spent on paintings of living artists like Gerhard Richter. Should he be thankful for that? What is the critical value of a painting that has become a fetish, a toy to play with for speculants and a symbol of the unjust ditribution of wealth in our world?

During this gathering we will discuss the financial worth vs. the social worth of art. The monetary value of artworks forms a proof for the vitality of the financial capital – despite the financial crisis that led to major cutbacks in the art world. The most important question is: what is the real worth of art nowadays?

Big words like ‘the experiment’, ‘young talent’ and ‘critical art’ sound empty when all that really matters is the financial value. Are there any strategies we can think of that can help us transform these facts into a different set of values? Can artistst, collectors, buyers and sellers change the market from within?

The panelists of this discussion are Beatrix Ruf (Director Stedelijk Museum Amsterdam), Olav Velthuis (Associate Professor at the Department of Sociology and Anthropology of the University of Amsterdam), Matthew Slotover (Co-founder Frieze) and artist Zachary Formwalt. Defne Ayas (director Witte de With Center for Contemporary Art, Rotterdam) will moderate this programme.

For online screening of the debate click here

The World inside the Art World
3 weeks ago - 27/11/2014

Thursday, 27 November 2014

Time: 3.30 p.m. - 5.00 p.m.
Location: De Balie
Admission fee: see website De Balie

Although everyone is talking about globalization, the consequences of this debate – at least in The Netherlands – are practically invisible in the collections and exhibitions of Dutch art institutions. Western European art and North American art are represented, but contemporary art from even the BRIC countries is hard to find in our museums. This is remarkable, especially if we consider their impressive local art histories. To inform ourselves on these subjects, we still have to visit ethnological museums.

For online screening of the debate click here
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