Elizabeth Currid, “The Economics of a Good Party: Social Mechanisms and the Legitimization of Art/Culture”, Journal of Economics and Finance, vol.31, no.2, Fall 2007, pp.386-394.
Elizabeth Currid is assistant professor at University of Southern California's School of Policy, Planning and Development. She studies the sociology of celebrity and pop culture. Her book, The Warhol Economy, published in 2007 by Princeton University Press analyzed the ways that fashion, art and music drive the economy of New York City. This article is taken from the official journal of the Academy of Economics and Finance, in it she analyses the ways in which social mechanisms, i.e. good parties, help to validate art and culture.
Currid uses a sociological approach and emphasizes that casual interactions that may seem peripheral to the serious business of the art/cultural world are in fact crucial to the assignment of cultural currency and the facilitation of cultural distribution. Differentiating between the symbolic value and the economic value of cultural practices, Currid asserts that people she terms ‘gatekeepers’ (.1) are instrumental in assigning symbolic value and helping to transfer this into the economic value of markets through their positions as buyers, curators and dealers etc.
All though she seeks to put special emphasis on Art she collapses distinctions between different cultural fields such as Art, fashion and music, showing that in the cities that she analyses, New York and Los Angeles, the same forces are at work in legitimizing these fields. She points out that;
“Consumers and evaluators of art/culture are not limited to one sector…The social milieu offers the context where these different activities happen at the same time, and those from different realms are able to cross-fertilize in two important ways. First, cultural producers in one realm often act as gatekeepers in another. Successful artists are often looked to as purveyors of good taste in music, while musicians are often sought after to wear designers’ clothes…Second, the increasing commodification of culture means that the skills for one realm of art/culture are useful to other sectors…The ability for art/culture producers to apply their skills to a variety of different sectors allows them to have flexible and longer career trajectories…In other words, art/culture producers have options if they meet opportunity.”
This sociological analysis of the way that art and other cultural fields are differentiated from one another (primarily through distribution) sits in stark contrast to the more lofty idea of the sublime, which is presented by Lyotard(.2). Anyone who examines cultural activities from a sociological point of view can not help but find that the key difference between art and other cultural fields appears to be more a matter of the institutions and businesses which legitimize and distribute art/culture than in any core difference as to the nature of the cultural product being distributed. There seems to be a kind of danger to this analysis that no room is left for an objective standard of quality in art, but there is also a danger in trying to assert any objective standard to a field which Currid emphasizes is “taste-driven and thus needs an intense, subjective evaluation system”(.3).
We can see these ideas put forward by Currid illustrated to some degree in the work of Thai artist Rirkrit Tiravanija (important to note here also is that although he is a Thai artist it is his residency/participation in the New York and Berlin art scenes which gives Tiravanija international currency).
“In his first exhibitions, for instance, he place the furniture and equipment from the gallery office in the exhibition room, where he also installed a temporary kitchen. Thai dishes were served, and over the meal Tiravanija chatted with visitors, as a pre-planned interaction between artist and viewer.”(Also important to note here is that, at the openings to these shows those viewers included people whom Currid refers to as ‘gatekeepers’.)
“Tiravanija designs rooms for communication and interaction…Tiravanija thus expounds his thesis – the origin of which may be traced to his cultural connection with Thailand and Buddhism – that “it is not what you see that is important but what takes place between people”.”(.4)
(.1) pp.388
(.2) Jean-Francois Lyotard, “Answering the question: What is Postmodernism?”, trans. Regis Durand, in The Postmodern Condition: A Report on Knowledge, Minneapolis: University of Minnesota Press, 1984, pp.81
(.3) pp.389
(.4) From an excerpt on Rirkrit Tiravanija in “Art at the Turn of the Millennium”, ed. Burkhard Riemschneider and Uta Grosenick, Taschen, 1999, pp.506