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Napon -
Institute for flexible cultures and technologies

WEALTH OF NATIONS / Exhibition and Conference

Event type: Exhibition and conference
Place: Trg Slobode, Novi Sad
Date: 06/06/2009
Curator: Vladan Joler, Kristian Lukić, Gordana Nikolic

Exhibition and conference

Wealth of Nations

6–14 June, 2009

Novi Sad

Wealth of Nations is a part of the Cinema City festival and consists of an exhibition and a conference. The term ‘Wealth of Nations’ is the title of the seminal book by the Scottish economist Adam Smith, in which he establishes and defends the basics of Liberal Economic Policy. Liberal Economics experienced its peak in the 1990s after the concept of Real Socialism had failed and the global free market had been established. This economy, however, has entered a period of deep crisis in the past few months and it might, for a shorter or longer period, affect the stability of societies all over the planet. The topic of ‘Wealth of Nations’ this year will delve into the influences that the Economic and Financial sectors have on society and consequently, on cultural production.


Exhibition Wealth of Nations

Trg Slobode, Novi Sad





Daniel Andujar, Derivart, Heath Bunting, Hempman, IRWIN (in collaboration with Marina Abramović and Bojan Brecelj), Islamic Banking, Kate Rich, K Foundation, The end of the Crown, Luchezar Boyadziev, Max Keiser, Metahaven, Michael Aschauer, Mladen Stilinović, Natalie Jeremijenko and The Bureau of Inverse Technologies, Ola Pehrson, Shu Lea Cheng, Slavko Bogdanović, Vladimir Todorović, Loan for Economic Revival of Serbia

More about the artists and the works: http://www.cinemacity.org/media-art.45.html






Conference Wealth of Nations

7–8 June, 2009

11 am – 5 pm

Serbian National Theater

Chamber Stage


Finances and monetary policy are mostly a matter of interest exclusively of a small circle of devotees. Even the social sciences, broadly speaking, avoided exploring the mutual relation between finances and other aspects of social activities. However, with the serious development of financial crisis some questions, which go behind the narrow sector of economy and finances, have been emerging.

Having experienced the Great Depression in the 30s of the 20th century, and its implications for the beginning of the Second World War, there are many of those who are worried about the further development of the present state of capitalism’s global crisis. The development of so called criticism of finances, is trying to explore other models of economies and relations which bypass the so called monetary ideology and praxis, as dominant form of economic conversion, within the context of symbolic trade.

Syntax “Wealth of Nations” (Adam Smith) is on one hand, an ironic theme for today’s state of liberal economy in crisis, and on the other hand, raises a serious question: what really constitutes value? Is it social interaction, beliefs and fears along with market indexes? To what extent is money nature or culture? Is money equivalent of goods, labor, or is it self-referential?

At the conference participants and speakers, including economists, sociologists, artists, activists, philosophers and culture theoreticians, will try to answer these questions and provoke a wider debate on finances, as the social praxis, and its wider implications in domain of rational and irrational.











June 7th, Sunday


11:00 – 13:00





Slavko Bogdanovic

“What would say Adam Smith, John Kennet Galbraith, Edgar Morin, James George Frazer and Kopicl at this occasion”


Stefan Heidenreich & Ralph Heidenreich

“What is the difference between Bills of Exchange and Credit Default Swaps?”


+ discussion with the participants and the public


moderator: Kristian Lukić


- – - – - -


15:00 – 17:00





Konrad Becker

“Theaters of Possession”

Matteo Pasquineli

“The ‘animal spirits’ of the factory of culture”

+ discussion with the participants and the public


moderator: Felix Stalder





June 8th, Monday


11:00 – 13:00





Darko Pantelić

“Money talks…”

Felix Stalder

“Ideology, Complexity and Magic”

Marko Rakić

“Melting The Iron Cage Down”


+ discussion with the participants and the public


moderator: Marko Rakić


- – - – - –


15:00 – 17:00





Luchezar Boyadziev

“Genius to Stock; Stock to Cash; Cash to Project…and back”

Mar Canet

“Derivart – Art, Technology and Finance”

Shu Lea Cheang

“Agliomania” project

+ discussion with the participants and the public


moderator: Gordana Nikolić


- – - – - –


Exhibition and conference “Wealth of Nations” are the part of Cinema City festival, Novi Sad www.cinemacity.org




Vladan Joler, Kristian Lukić, Gordana Nikolić


Conference editors:

Kristian Lukić, Gordana Nikolić


Executive director:

Natali Beljanski


Production team:

Jana Katić, Igor Zarol



Ibis Cerimagić


IT support:

Predrag Tegeltija


Technical support:

Pajica Dejanović, Đorđe Popić


Stage managers:

Anton Bereš, Ivan Dervišević, Kristina Kaćanski, Dušanka Stepanov







Museum of Contemporary Art Vojvodina, Novi Sad www.msuv.org


Institute for Flexible Cultures and Technologies-NAPON, Novi Sad www.napon.org


Art association – INBOX, Novi Sad www.inbox.co.yu