Art has become degraded by the wealthy through hyper-inflation.
Institutions of art have been degraded by Big Pharma, Big Oil and other vile corporate sponsors.
A major way for artists, from sculptors to painters to performers and earth-workers, to fight back is to make legally binding contracts attached to each of their works. A New Aesthetic Contract is needed.
Artists themselves must reject the ideology of becoming / aspiring to be hyper-wealthy.
Artists themselves who have become hyper-wealthy must dramatically alter there ways.
Here are The Clauses:
No piece (including performances + their reproductions via various media, e.g. photography) of art by Z-artists shall be sold for more than 25% of the yearly US median income for 2018, which is $62,175, therefore no piece of art shall be sold for more than $15,543.75.
No piece of art by Z-artists shall be resold at a value higher than the US-core inflation rate of 1.9% per year. Meaning that all buyers agree to not resell Z-artists’ work at any rate higher than 1.9% per year. This applies indefinitely to Z-artists work and must (contractually) be agreed to by anyone who buys the work, per the legally binding agreement with original buyer. Contract shall also include clause that primary buyer shall require secondary buyers to adhere to 1.9% investment return, and to legally commit to the same contractual arrangement with any further buyers ad infinitum. This will end hyper-inflation of prices in the New Z-art market.
No piece of art by Z-artists shall be shown at exhibitions sponsored by i) entities or persons from the fossil fuel industry, ii) entities or persons from the pharmaceutical industry, iii) any entity or person directly profiting from weapons sales / dealing, iv) any entity or person directly profiting from the use of sweatshop and/or prison labor. Violation of this clause, which shall be within the legally binding contract with the original buyer plus all buyers in perpetuity, shall result in legal action. Z-artists shall receive $15,543.75 per day, from the contemporaneous owner(s), for any work shown at exhibitions sponsored by persons or entities under the aforementioned categories.
Established artists shall make sure that all work created after February / March 2019 adhere to the aforementioned clauses. Established artists shall engage in Z-artists New Aesthetic Contract by setting aside all of their assets above $1,500,000 for independent artist collectives, artist scholarships, and other means (studio work to be paid at the median US wage of $62,175, with healthcare benefits where applicable). Mechanism: For example, If X wealthy artist is worth $200,000,000 than all their wealth, assets, stocks, tax haven income shall be redistributed to independent artist collectives, scholarships and paid grants for singular artists via independent entities. Using this example, X artist would send $199,850,000 to an entity or entities overseen by an independent board or boards that would allocate funds for independent artist collectives, scholarships, living wage studio work and paid grants for singular artists. Said boards of aforementioned entities shall consist of a minimum of 25% women, 25% LGBTQ, 25% People of Color and 25% emerging artists.
No artist needs more than $1,500,000 at any given time to live on. However, in understanding that large-scale projects often require self-funding above this amount, established artists are allowed to use money above the $1,500,000 for the purposes of creating large-scale pieces. Any wealth / assets shall be set aside in a special, non-investment account for sole purposes of art making. Any workers employed on the production of large-scale projects shall be paid a minimum of the US median wage $62,175, with healthcare benefits where applicable.
The aim of these clauses is to give emerging artists legally binding control over the selling and distribution of their work; allowing them to scale down the hyper-inflation within the art market, and create a New Aesthetic Contract, a Z-market, where rampant economic inequality is dealt with via contractually binding agreements at the point-of-sale. Any buyers, primary or secondary, who violate the core inflation agreement of Clause II, shall pay Z-artist, per written contract, $15,543.75 per day either until the work is resold at the appropriate price or in perpetuity if this cannot be done. The goal here is to wrangle back control of Z-artist’s work, pegging each piece to a maximum percentage median income levels in the world’s wealthiest nation, thereby giving Z-artist adequate payment for their work and avoiding hyper-inflation. Additionally, more onerous conditions are set on hyper-wealthy established artists, who must commit to Z-artists’ New Aesthetic Contract.
Z-artists support an ultra-millionaire tax, encompassing all the assets and wealth of the richest in the US, as proposed by Elizabeth Warren; Z-artists support Medicare for All, a Universal Basic Income, Reparations for the descendants of the trans-Atlantic African slave trade, the genocide of Native Americans, post-colonial debt annulment, and all other social and economic mechanisms that work toward abolishing the traumatic system of plutocracy.