With passion for eyewear
Burnrate is an economic term for negative cash flow.
It is a measure for how fast a company will use up its shareholder capital. If the shareholder capital is exhausted, the company will either have to start making a profit, find additional funding, or close down. Introduced into Contemporary Art by graphic designer turned artist Peter Saville it could now refer to the rate by which the art viewing public have acquired the knowledge to 'decipher' Contemporary Art. It also refers to the 'sped up' nature of culture today, of course the situation may just as quickly 'speed down'.
Culture today is one of an entrenched stylistic pluralism (a flat pluralism) with a lack of any sense of avant garde. Due to the internet all images, concepts and histories are available at all times. Modernism was characterised by a linear series of competing '-isms'. We must now accept there will be no more easy '-isms'. Post Digital Art is only an attempt by the status quo to regressively re-instil a new marketable 'ism' for the commercial and academic markets. What is radical today is that increasingly the dispersion of images and culture is MORE important than the actual objects of Contemporary Art which serve now as props in the theatre of a global market.
Burn Rate: Commercial Space seeks to be both a store for 1980s postmodern artefacts AND an artist's Project Space.
Burn Rate: Commercial Space seeks to be both a store for 1980s postmodern artefacts AND an artist's Project Space. Postmodern thought is a precursor of the the situation now. The radical scepticism of the postmodern is our inspiration. The idea that form need not follow function we embrace. We are for art as artifice and film prop; low over high; popular over aristocratic taste...and we have passion for eyewear as we know Bauhaus is winning the war!
BAUHAUS IS WINNING THE WAR!
BURNRATE commercial space
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