The “economization of art” began to take shape in the wake of the crisis of capital in 2009. In this book, first delivered as a lecture at Kunsthalle Bern in April 2016, Diedrich Diederichsen follows Marx’s labor theory of value and counters the symbolic economies dominating the art field, as well as economic exceptionalism or calculation, with systems of recording and reading out.

Art and (Bare) Life: A Biopolitical Inquiry analyzes modern and contemporary art’s drive to blur with life, and how this is connected to the democratic state’s biologized control of life. Art’s ambition to transform life intersects in striking ways with modern biopower’s aim to normalize, purify, judge, and transform life—rendering it bare. This book finds the answer to the question: How did autonomous art become such an effective tool of the capitalist state?

Calling for a reassessment of the function of art in late capitalist society, Corporate Mentality focuses on the complex and ambiguous ways artistic production inhabits corporate processes, abandoning the autonomy of the artwork in order to elaborate resistant approaches to a world increasingly determined by commercial strategies and market concerns.

Eine Pinot Grigio, Bitte is a screenplay that cannot be a film; it is a film that can only be on paper. If the property of a film producer, Bernadette Corporation claims Eine Pinot Grigio, Bitte would be left derelict, abandoned to vagabonds and squatters. It is intended as a narrative of messy revenge, ruined by the screenplay form.

Today, the art world is not dominated by a small group of insiders. According to Graw, the art economy has been transformed from a retail business into an industry that produces visuality and meaning. Written during both the height of the most recent art boom in early 2008 and its sudden collapse thereafter, High Price upholds a unique position towards the art world’s inner contradictions between symbolic meaning and monetary value.