DEBTFAIR MANIFESTO

THE ART MARKET HAS BOOMED TO RECORD LEVELS WITH $66 BILLION IN SALES IN 2014.

 A VAST MAJORITY OF THIS WEALTH FLOWS ONLY TO  A SELECT FEW AS A SPECULATIVE ASSET.

 THIS SPECULATIVE SYSTEM HAS COME TO DOMINATE NOT ONLY AUCTIONS AND GALLERIES BUT MUSEUMS AND UNIVERSITIES.

 THE PRICE OF ENTRY INTO THE CULTURAL SPHERE IS RISING COSTS, PRECARIOUS LABOR AND EXCESSIVE  STUDENT DEBT.

 ARTISTS ARE NOW FORCED TO TAKE ON EXTREME RISK INDIVIDUALLY.

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