Urtica, art and media research group (c) 1999 and Beyond
profile and biography =
liqui-Symbol-b

The Art in Liquidation

A Resolution
2011

  • Photo doc
  • Art and Economy

    An ARTIST’s resolution to undergo a process of liquidation of the ART

  • Keywords / Tags

    • Art and Crisis,
    • Casino Economy,
    • Liquidation,
    • Economic crisis,
    • Bankruptcy,
    • Survival
  • Art-Bio:

    October 2011
    ongoing...

A symbolic cancelation of The VQ Golden Cards

guardns 01

art in liquidation

Upon an activation of this resolution a value ART will be redrawn from circulation. A liquidator, The Value Quest Bourse, will carry out liquidation by symbolic cancelation of The Golden Cards, coded with value  ART: 0000 0003 1109 1102, found in the possession of the ARTIST. Remaining samples of The Golden Cards, coded with values other then ART, will be used as the main prize at The Value Quest Roulette.

“From the perspective of the evolutionary model, one would argue that THE ENVIRONMENT MUST HAVE CHANGED TO GIVE SELECTIVE ADVANTAGE TO PARTICULAR FORMS AT A GIVEN TIME… The purest form of environmental selection is the selective survival or elimination of complete organizations, depending on their fit to the environment. For instance, if the selection were base on administrative rationality, nonbureaucratic organizations might fail to survive, leaving only bureaucracies.” (Aldrich and Pfeffer, “Environments of Organisations”, 1976)

Urtica’s statement:

During the Value Quest, an ARTIST comes to a

RESOLUTION

to undergo a process of liquidation

Upon value-based enterprise the ART, THE LIQUIDATION COMES INTO PLAY.

The debtors of the ART are called to settle their obligations.
The creditors of the ART are called to file their requests.

A certificate related to debt pay-off and filed claims should be uploaded at: http://valuequest.info/liquidation

The ARTIST is dispensed with the duty of liable agent of the ART. The Value Quest Bourse is appointed as a liquidator.

Rationale

The ARTIST undergoes the process of liquidation upon the ART due to the suspension of natural requirements to conduct this value-based enterprise.

Artist,
Belgrade, October 2011

Thomas theorem: IF MEN DEFINE SITUATIONS AS REAL, THEY ARE REAL IN THEIR CONSEQUENCES