Installation THE MARKET Le Bleu du Ciel, Lyon

October 19, 2017 § Leave a comment

IMG_9222Credit Suisse (Access denied)
Canary Wharf
London England
March 2013 (left)

Anthony, Analyst (negotiation 1.5 years)
The City
London, England
May 2013 (right)

‘In the evolutionary aftermath of the global economic collapse and absence of sustained audio-visual engagement with the central locus of this catastrophic event, the ongoing multi-media transnational project, THE MARKET (2010-), critically addresses the functioning and condition of the global markets and the role of financial capital. It is the continuation of a cycle of long-term projects, beginning in the late 1990s, focused on the predatory context resulting from migrations of global capital.

IMG_9230Bethlehem, Trader (negotiation 1.5 years)
Ethiopian Commodity Exchange (ECX)
Addis Abeba, Ethiopia
September 2012
IMG_9226The Viewing Gallery
Ethiopian Commodity Exchange (ECX)
Addis Abeba, Ethiopia
September, 2012
(Single channel HD digital video, silent, looped 9’’)
James, Operations Manager (negotiation 1 year)
Irish Stock Exchange (ISE)
Dublin, Ireland
April 2012
Transcripts (Dublin, London, Addis Abeba)

‘Having undertaken an extensive process of negotiation, averaging 1.5-2 years, to access strategic sites/individuals, the ethnographically-informed project incorporates photographs, film, soundscape, artifactual material, 3D data visualisation & transcripts of verbal testimony. Taking the sphere out of abstraction & positioning it as a pervasive force central to our lives, themes include algorithmic machinery of financial markets, central innovator of this technology, absorption of crises as normalisation of deviance & long range mapping & consequences of financial activity distanced from citizens & everyday life. Profiles include traders, bankers & financial analysts & documentation from London, Dublin, Frankfurt, Amsterdam & Addis Abeba’

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Transcripts (Detail)(Dublin, London, Addis Abeba)

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Algorithmic Surrealism 2015
Landscaped Park (International Investment Bank)
Zuidas Global Financial District
Amsterdam, Netherlands

(Single channel HD digital video, colour, sound/voiceover 11’04’’)

The installation includes the film, Algorithmic Surrealism (follow link for excerpt) made in the new financial district of Zuidas (Amsterdam), global centre for algorithmic trading & shadow banking, while the voiceover of the film is adapted from a text by former trader, Brett Scott. Forecasted that there will be no human traders within a decade, the film suggests the hegemony of High Frequency Trading (HFT) and extinction of human reason – including empathy and ethics – will perpetuate the power relations of minority wealth in globalised capitalist systems.

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Financial Surrealism/Systemic Risk
Colour A4 image and text – Shadowbanking

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Artifacts & Correspondence regarding process to secure access to Deutsche Börse AG, Frankfurt/Eschborn 2012 including Letter requesting access to Deutsche Börse AG
from the Irish Ambassador to Germany, Berlin, Germany, November 2011
(accessd denied)
Framed emails/ Vitrine

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Artifacts & Correspondence regarding process to secure access to Deutsche Börse AG, Frankfurt/Eschborn 2012 (accessd denied)

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Artifacts & Correspondence regarding process to secure access to Deutsche Börse AG, Frankfurt/Eschborn 2012 (accessd denied)
(detail)

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Deutsche Börse II (Acess denied)
Eschborn (near Frankfurt)
Germany
March 2012

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The Television Studio
Selected Reports from German Television (2012 – 2013) from Frankfurt Börse (Stock Exchange)
(described in the vernacular by Deutsche Börse AG (owners) as ‘The Television Studio’)
Frankfurt, Germany

Digital Video, Silent, Looped (28 minutes)

IMG_9289

Taika, External Relations Associate (negotiation 1.5 years)
Ethiopian Commodity Exchange (ECX)
Addis Abeba, Ethiopia
September 2012

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Matthew, Banker (negotiation 2 years)
Canary Wharf
London, England
March 2013
Poster/Text

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JP Morgan (formerly Lehman Brothers)(Access denied)
Canary Wharf
London, England
February 2013

‘Titled the Normalisation of Deviance, through the application of an algorithm identifying the words market and/or markets in public speeches by relevant national Ministers of Finance, the data is then transformed to create the installation soundscape. For Le Bleu du Ciel, the algorithmic translation of the former minister, Pierre Moscovici is presented. To date, those of Michael Noonan (Ireland), George Osborne (UK) and Jeroen Dijsselbloem (Netherlands & Eurozone Group President) have also been included in exhibitions in those countries – to represent contemporary financial capital functioning through the conduit of the now financialised nation state”

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Financial District, Lyon
(Window, main gallery space)

The installation is part of the year-long programme, Suite-Nouveau Documentaire by Gilles Verneret, Director, Le Bleu du Ciel and part of official programme Resonance de la Biennale de Lyon 2017. Participation has been generously supported by Culture Ireland.

Exhibition from September 28 – November 25, 2017.

The project has been curated by Helen Carey (Director, Firestation Artists’ Studios) and supported by the Arts Council of Ireland, Arts Council of Northern Ireland, NEPN (University of Sunderland, UK), Noorderlicht (Netherlands), Institute of Art, Design & Technology (IADT), Gallery of Photography, Belfast Exposed & Culture Ireland.

Algorithm & Sound Composition Ken Curran

Full information here.

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