Closing Performances for Debt Positive

  • Type: event
  • Location: Flux Factory, 39-31 29th St, Long Island City, NY 11101 fluxfactory.org/projects/debt-positive
  • Starts: Jun 24 2016 at 7:00PM
  • facebook link ↱
Please join us for these three performances:

Remembering Capitalism by Nathaniel Sullivan

Remembering Capitalism is a lecture performance taking place 100 years in the future, after the fall of capitalism. The lecture will be given by Professor Nathaniel Sullivan, an historical economist. Sullivan will describe what capitalism used to be, back in the year 2016. He will describe its characters, its absurdities, and the contradictions that kept the whole illusion afloat for so long. The world in 2116 is a much better place, but there are powerful forces marshaling to return the 0.001% to its former glory.

Introducing the Demi by Tori Abernathy

The violence that the financial sector inflicts upon us — psychologically, physically, and financially — is derived from abstraction. It makes it difficult to see that what gives debt, what gives the lease, what gives the dollar its value is our buy-in. Credit relies on our faith in the promise that the dollar will be there tomorrow. The Demi pokes at the holes in this abstraction, empowering individuals to co-author a new relationship to value, while embracing the absurdity of the dollar. The Demi is a new kind of quantitative easing for the people, by the people.

$1000 Mandala by Sarah Beck

Sarah Beck will create a sand mandala of the now defunct $1000 bill. This amount reflects Flux Factory’s rent when they opened in 1993—an impossibly low amount today. The $1000 bill was withdrawn from circulation in 1969 due to its use by organized crime. With the rise of electronic transactions the need for larger denominations dissipated, and yet they remain rare collector’s items worth more than their face value. The mandala serves in Buddhist and Hindu traditions to remind us of the fleeting nature of the material world as the mandala is swept away and destroyed once completed.