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2017 | OriginalPaper | Buchkapitel

4. A Historical-Institutional View on Making Value

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Abstract

The second out of three main chapters, A Historical-Institutional View on Making Value, presents results from the conceptualization of a selection system of institutions and practices of making value and building careers. The chapter builds on the previous chapter, secondary sources, and literature and follows the key components of the selection system back in time to reveal general continuities and changes in the organization and geography of making value and building careers over the course of the past centuries. The chapter identifies Western ideals of art as key driver of making value and building careers, shows how the market with open competition and unequal rewards for individual creativity and commercial gallerists as authority has become the dominant institution in the selection system, and reflects on recent organizational and geographical shifts within the selection system.

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Metadaten
Titel
A Historical-Institutional View on Making Value
verfasst von
Melanie Fasche
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-54030-6_4