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Chapter 4 Exercise

Globalization has affected artists' means of selling art by modernizing the western art market to focus on styles like Cubism, Expressionism, and abstract art. This collection dominates the market as the largest and most stable, historical, and high-quality works. Capitalism has both positive and negative impacts on art as a commodity. Positively, it expanded the middle class and increased wages and living standards. However, it can also result in undesirable externalities like pollution that communities must bear rather than the companies responsible. If selling one of his artworks, David Hockney would promote it in a museum to preserve the piece, arguing it is a unique and famous work by a versatile 20th century British artist that

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Matt Morales
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123 views2 pages

Chapter 4 Exercise

Globalization has affected artists' means of selling art by modernizing the western art market to focus on styles like Cubism, Expressionism, and abstract art. This collection dominates the market as the largest and most stable, historical, and high-quality works. Capitalism has both positive and negative impacts on art as a commodity. Positively, it expanded the middle class and increased wages and living standards. However, it can also result in undesirable externalities like pollution that communities must bear rather than the companies responsible. If selling one of his artworks, David Hockney would promote it in a museum to preserve the piece, arguing it is a unique and famous work by a versatile 20th century British artist that

Uploaded by

Matt Morales
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ACTIVITY 1: A REFLECTION ON GLOBALIZATION AND ART

Names: Morales, Matt C. Course/code: GE20


(268)

Tanoco, James Kyle

Sefuentes, Klynt Airon

Manligoy, Arnold
Score: Date: December 9, 2022

1. How did globalization affect artists’ means of selling arts?


Modern art, which includes a variety of styles like Cubism,
Expressionism, and a few kinds of abstract art, now dominates the western art
market as a result of globalization of the art market. This is the market's
largest collection of works of high quality that are stable, historical, and of
good quality.

2. What do you think are the positive and negative impacts of capitalism
on the commodity of arts?
Firstly, the advantage of impact of capitalism on the aristocratic class
was not the only segment of society that benefited from industrial capitalism.
The emergence of unions played a significant role in the rise in wages. The
abundance of inexpensive mass-produced goods also raised living standards.
As a result of this expansion, a middle class emerged, which began to attract
more and more people from the lower classes.

Lastly, the disadvantage of capitalism is that it frequently results in a


slew of undesirable externalities, like noise and air pollution. Negative
externalities are expenses borne by society rather than the externality's
creator. The communities in which a factory operates, not the company itself,
are responsible for the issues that arise when it dumps waste into a river or
releases smoke into the air.

ACTIVITY 2: SELLING AN ART

Your Task: Pretend that you are David Hockney, one of the famous
contemporary artists in the world. How would you sell this artwork? Write a
100 (minimum) to 200 (maximum) words explaining why should art enthusiasts
purchase your work of art (see the image below):

David Hockney, Garden, 2015

(Note: Teacher may modify the activity to meet the students’ needs)
Write your answer here: If I sell this artwork, I will sell it in the museum because
I want to preserve my artwork in the museum. If the collector of arts wants to buy
my artwork to become collect in the museum of shop, I will sell the artwork worth
$5000 this art is so unique and famous artwork is perhaps the most popular and
versatile British artist of the 20th century. Poster of Hockney’s Garden, 2015. Our
posters feature selected works from exhibitions on a large scale. They’re Giclée
printed on fine art paper to ensure a high-quality reproduction Therefore If you
buy this how many years this artwork will be popular and rare it also the prices
will be increase.

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