Modernising modern art
Modern art is undergoing a revamp after “seismic shifts” that have stretched the boundaries of the movement to its limits.
Modern art, a key art movement, is undergoing a revamp. Chris Carter reports.
Sotheby's held its third annual "Modernits" sale in Paris on Wednesday, alongside the International Contemporary Art Fair (FIAC). The sale included Medea (1929) by Francis Picabia. With a nod to Sandro Botticelli, Picabia depicts the semi-divine enchantress from Greek mythology who goes on to marry Jason, the leader of the Argonauts. It was valued at up to €2m.
There was also a large painting by Marc Chagall entitled Le Cirque Mauve (1966) and valued at up to €5m, along with Ren Magritte's L'Incorruptible (1940), showing the Belgian surrealist's wife, Georgette, as a statue before a bleak landscape. It was on sale for €1.5m. The event was concerned with "defining modernity", as Sotheby's put it. But that is easier said than done.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Rebooting modern art
Modern art begin in the 1880s, more or less some say ten, 20 years earlier. Either way, its concerns "now feel long ago, forged in a time of rapid industrial change", says Jerry Saltz on New York Magazine's Vulture website. Time for a reboot, then. Modernism shapes "the ways we see the world, and how the world sees itself", he says.
But recently, "seismic shifts have occurred" that have stretched the boundaries of the art movement to its limits. Modernism needs to be made modern again. That is something the Museum of Modern Art (MOMA) in New York has been wrestling with for a long time.
Now, after a $450m overhaul, the gallery is reopening on 21 October as a "living, breathing 21st-century institution, rather than the monument to an obsolete history white, male and nationalist" that it had become since it was founded in 1929, according to Holland Cotter in The New York Times. (MOMA first opened just nine days after the Wall Street Crash. Let's hope its October reopening this time is less eventful.)
MOMA has long been known for the strict arrangement of its displays along the lines of an "ironclad view of modern art as a succession of isms' (Cubism, Surrealism, Abstract Expressionism)", says Cotter, But now it is attempting to reinvent itself without hurting its appeal. The result is a sort of "Modernism Plus, with globalism and African-American art added".
On Thursday a preview of the museum's new layout showcased the museum's 47,000 square feet of new gallery space and the "radical remix'" of its permanent collection, says Miranda Bryant in The Guardian. Now, for example, Pablo Picasso's 1907 painting Les Demoiselles d'Avignon can be found close to Faith Ringgold's 1967 work American People Series #20: Die, depicting a scene from a race riot.
That's because, in today's digital world, we consume a wide variety of images that are out of context and outside of traditional settings, as MOMA's director, Glenn Lowry, tells Bryant. "It reframes Picasso differently," he says. "It doesn't diminish Picasso, it simply means that there's another conversation you can have around Picasso."
Spiritual modern artists
Modern art has its roots in the late 19th century, when spiritualism was flourishing, says Caroline Marciniak in Frieze Masters Magazine.
It was also an era of profound technological and socio-economic change. "Railways were vastly extended, suburbs sprouted factories and cities towered upwards."
But with technological progress came disillusionment, and "a sense of longing and decay". Impressionism was too "formal, based on fleeting sensory impressions and grounded in everyday life", says Marciniak. "The renewed interest in occultism was driven by a search for alternatives and origins, for a world that holds both chaos and coherence... its rhythms hinting at key truths."
"At the turn of the century, modern artists and Modernists were all into versions of spiritualism," The Gallery of Everything's James Brett told the BBC's Kelly Grovier. "So spiritual art had a huge impact on what became Modernism and therefore art today."
The evidence is in the diversity of visions on display at The Gallery's The Medium's Medium exhibition, says Grovier.
From the "haunting Surrealism" of Marian Spore Bush to the portraits of the German artist Margarethe Held, who believed she was instructed by the Hindu god Shiva, the artworks demonstrate "just how far and wide the mystical impulse pulsated". (The Gallery of Everything, 4 Chiltern Street, London until 24 November.)
Auctions
Going
A letter written by Jane Austen, dated 16 September 1813, is to go up for auction at Bonhams in New York next Wednesday. In the letter to her sister, Cassandra, Austen reports on the latest fashion: "Large full bows of very narrow ribbon one over the right temple, perhaps, and another at the left ear". She also recounts a visit to the dentist with her nieces, remarking that the dentist "must be a Lover of Teeth & Money & Mischief... I would not have had him look at mine for a shilling a tooth & double it." Austen is thought to have written around 3,000 letters, of which most were destroyed in the 1840s. This surviving example is expected to fetch up to $120,000.
Gone
A cache of 65 letters written by Swedish-American Hollywood actress Greta Garbo (pictured) failed to sell at Swann Auction Galleries in New York last Thursday. Expecting interest from film collectors, the bundle of letters had been valued at $60,000. All of the letters had been written to Garbo's close friend, Austrian actress and writer Salka Viertel, between 1932 and 1973. The inscrutable and reclusive star of Queen Christina (1933) and Anna Karenina (1935) was known as the "Swedish Sphinx" , says The Observer. In one of the letters, Garbo writes: "I go nowhere, see no one It is hard and sad to be alone, but sometimes it's even more difficult to be with someone."
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.
Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.
You can follow Chris on Instagram.
-
Christmas at Chatsworth: review of The Cavendish Hotel at Baslow
MoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
By Dr Matthew Partridge Published
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published