The False Calculations Presidium

Young artists sum up their sense of how they are economic subjects and that this is an unavoidable process.

The exhibition featuring young artists from Russia, Ukraine, the Czech Republic, Austria, the Netherlands and France questions the nature and the role of the market economy in our lives, summing up artists’ own experience as economic subjects. The False Calculations Presidium is an attempt to elicit artists’ responses to global economic processes and crises that are also occurring in contemporary art.

Regardless of whether or not one has knowledge of the mechanisms of the modern economy, everyone needs to navigate the world of their own needs and limited resources. The pressure of economic necessity is so strong that it leads to the assumption that free market — an environment which is often perceived as openly hostile — is the only possible environment for the interaction of human interests.  The incredible, at times bordering on absurd, complexity of modern financial capitalism leads to growing alienation and heightened artistic and political vigilance.

The False Calculations Presidium questions the essence and role of the market economy in our lives, summarising the experiences of young artists in experiencing themselves as economic actors.

The exhibition is held in the ruined space of the building of the Museum of Business and Philanthropy which fits perfectly into the context of the project. Its state of ruin was the result of conflict between two business entities.