Dear DebtFair crew,
I've been giving DebtFair a lot of thought, and I've come to the conclusion that we never quite finished our project. YIKES! Did we fail? What did we learn? What should we do?
I think we learned that a long term organizing effort is not what most of the group, including me, is interested in starting. But I think most of us are still intrigued by the idea of an alternative art market, even an alternative currency, that can raise the issue of debt in culture and build solidarity among debtors. That's cool - a good start.
I've especially been caught up with this question: What does art mean in this debt crisis?
So I've been coming up with a direction for a Phase 2 of DebtFair that we could launch this September. I've spoken personally with a few of you on these lists, and I think that now's the time to broaden the conversation about this possibility. Included below is a short summary of what I've been thinking.
My hope is to spark a conversation about this proposal, and finally to agree on a direction and move forward with it. I hope we can build a solid core group to do that.
Hope you're all doing well,
Tal
DebtFair: Phase II
Background:
There's no escaping the debt crisis in America. 37 Million of us
are paying off more than one trillion dollars in student loans.
Homeowners, credit card holders, the uninsured sick, many local
governments and the federal government are also deeply in debt. As more
Americans find it harder and harder to pay, enormous over-leveraged
banks are thriving. In 2013, Occupy Museums responded with DebtFair, a
project to build solidarity between artists and put the debt crisis
center stage in art today.
The debt crisis is systemic and a powerful weapon in the class war;
a major redistribution engine, it takes money from the 99% to enrich
the 1%, staves off hopes for economic advancement, and entrenches
millions in or near poverty. Worse yet, it does this while protected by a
culture that blames the crisis on its victims: if you're having trouble
paying your debt, you probably shouldn't have taken out that loan.
Our culture prevents solidarity between debtors from emerging, but
we can challenge and reimagine this. Coming together, our combined debts
and mutual aid can create tremendous leverage for change.
In Phase 1, DebtFair hosted an artists' meet up and
launched a website
that highlights personal debt stories and their impacts on artists'
practices. We also began to develop the idea of an artists bailout: a
debt relief market where artists could sell their work for checks
directly to their loaning banks. For more info, here's
some press, and
here, and
here, and
here.
Phase 2:This September, DebtFair will launch a print
series and online marketplace that will offer real debt relief to
artists, broaden the audience for DebtFair, build solidarity among
debtors, and further expose the massive role of debt in cultural
production.
Artists will sign up for free by sending one image of their work,
which will be issued on 10 postcard-sized prints. The back of each print
will have an image specially designed for DebtFair by designers at the
Public Society. The image will signify the piece as a debt relief note,
and will list the artist's name, their total debt, and the title of the
work.
Each print will be sold for $20 in our online marketplace, which
will also include artists’ stories of their debt and art practice. The
money raised from sales will be pooled and divided to pay down the
principal balance of artist's debts. To conclude the pilot, we will
present the checks to the artists' loaning banks in a fun performance to
spur additional media attention for the cause.
Timeline- March 15 Back image is designed
- April Prototypes printed
- April 15 Foundations approached for support - admn+ financial
- June Website in beta, bug testing / internal comment begins
- July Artists approached to participate
- Aug. 15 Web everything confirmed
- Aug 26 Press advisories sent
- Sept. 2014 Launch / Press releases sent