Is Art Money?
By Peter van der Wel on December 14, 2010
Money and art are both magical phenomena. Money is only Money if we accept it as Money, and art is only Art if we accept it as Art. If we don’t accept it as money, then money basically isn’t anything more than some colorful printed paper or a heap of stones or shells. If it’s not accepted as art, then art isn’t anything more than a painted canvas or a piece of bended metal. What is it then that makes money different from any other piece of printed paper or wrought metal and what makes art different from any other crafted materials? The difference is trust. TRUST. Money is Money and art is Art because a group of believers trust other believers to accept it in turn as art or as money.
It goes even further. The material art and money are made from is not really significant. Actually most money is made out of nothing; out of computerbits. (The same goes for computerart). We accept certain bits as money and other bits not, as we accept certain bits as art and others not.
What is it that transfers these bits (or these atoms) from worthless bits into art or money? Is it only a mutual agreement? Why do people exchange money for art? (and vice versa). Why do we pay for objectively worthless material? Or even immaterial objects? Pay sometimes a whole lot of money? Are we crazy? Or does it satisfy certain needs and wants?
I can show off with my art, with my big car, my beautiful penis sheath or colorful feathers. My art is more expensive than yours! It’s harder to show off with my money: “My bank account is higher than yours”.
How can I show that huge bank account to the world? Art seems to be a far more effective way to show off than money. Art is the sublimation of money, it is super money. It is the most beautiful penis sheath, money can buy.