Next Article in Journal
The Work of Art Criticism: Collaboration, Communication, Community
Next Article in Special Issue
What Does Developing a Ranking of Leading Contemporary Art Galleries Unveil about the Importance of the National Factor? An Analysis of Art Basel Art Fair
Previous Article in Journal
Making a Case for Balkan Music Studies
Previous Article in Special Issue
Interview with Yves Bouvier
Open AccessArticle

Mythical Islands of Value: Free Ports, Offshore Capitalism, and Art Capital

by 1,* and 2,*
1
Department of Geography, The University of British Columbia, Vancouver, BC V6T 1Z2, Canada
2
Department of Anthropology and Sociology, The Graduate Institute of International and Development Studies, 1202 Genève, Switzerland
*
Authors to whom correspondence should be addressed.
Arts 2020, 9(4), 100; https://doi.org/10.3390/arts9040100
Received: 17 August 2020 / Revised: 20 September 2020 / Accepted: 25 September 2020 / Published: 28 September 2020
(This article belongs to the Special Issue The Contemporary Art Market)
The Geneva Free Port in Switzerland has paved the way for a new generation of art and luxury free ports. These are critical spatial pivots for the management of art assets, including storage and transactions of artworks, and serve as proxy to examine mechanisms for the capture and generation of value, integral but also outside the global art market. Drawing from the trajectory of the Geneva Free Port and an interdisciplinary body of scholarship on “offshore” and other special zones of production, and value circulation in human geography, anthropology, history, and sociology, this article frames free ports in a longer genealogy of offshore capitalism. First, we claim that the emergence of the Geneva Free Port prefigures and helps illuminate contemporary transformations in offshore capitalism; second, these spaces are more deeply imbricated with public and state authorities than previously suggested. Finally, a holistic understanding of art capital—works of art for investment and asset management—requires an encompassing view of free ports not as accidental and exceptional features in the world of high art but as spaces deeply implicated in the creation and operation of the art market more generally. View Full-Text
Keywords: free port; offshore capitalism; art market; globalization; Geneva; value creation; tax evasion; art capital free port; offshore capitalism; art market; globalization; Geneva; value creation; tax evasion; art capital
Show Figures

Figure 1

MDPI and ACS Style

Post, E.; Calvão, F. Mythical Islands of Value: Free Ports, Offshore Capitalism, and Art Capital. Arts 2020, 9, 100.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop