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Financial artscapes: Damien Hirst, crisis and the City of London

Harris, A; (2013) Financial artscapes: Damien Hirst, crisis and the City of London. Cities , 33 pp. 29-35. 10.1016/j.cities.2012.05.011. Green open access

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Abstract

This paper explores the entanglement of art and finance over the last decade with a particular focus on the British artist Damien Hirst and the City of London. In so doing it seeks to use the current economic and fiscal crisis in the UK to rethink links between contemporary creative activities and the motivations and mechanisms of urban capitalist economies. The paper explores not only how the art world has aped many aspects of globalised high finance but also how a symbiotic relationship has developed between finance and art in conceptual innovations, promotional strategies and transnational flows of capital, people and ideas. Art and finance have greatly benefited from a shared role in the postindustrial reshaping of inner-city landscapes and a dominant political emphasis on unregulated market relations. The paper concludes by advocating not a romanticisation of new recessionary cultural activities and formations, but greater attempts to work against the mystification and unstinting celebration of market authority and easily commodified forms of artistic practice.

Type: Article
Title: Financial artscapes: Damien Hirst, crisis and the City of London
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.cities.2012.05.011
Publisher version: http://dx.doi.org/10.1016/j.cities.2012.05.011
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Cultural landscapes; Capital; Crisis; Creative cities; London; Damien Hirst
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Geography
URI: https://discovery.ucl.ac.uk/id/eprint/1361794
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