Reflections on the Challenge of Markets in National, International, and Transnational Art Worlds

Abstract

Revisiting the major themes that emerge in the chapters of Art and the Challenge of Markets, Volume 1, this chapter considers the challenges of marketization and globalization from two principal perspectives. First, although Western nations have clearly been influenced by market-based or neoliberal models of governance and funding for the arts, there is significant variation in the ways in which the shift toward the managerialist cultural policies has been implemented in different nations. Second, the chapter discusses the theme of globalized and transnational art worlds as considered in the chapters in the volume. Globalization in the realm of art is complex and highly contingent in terms of both the forms and hierarchies of art and the relation between transnational flows and national cultural politics.