páginas de pablo gil gonzález / Automoción [23] 2001
THE CONSUMER YEARS: [1982-1989]
The 1980s was characterized by extremes. The decade began with the
Iranian hostage crisis and ended with Operation Desert Storm. It opened with the
proposal of the "Star Wars" space defense program and closed with the fall
of the Berlin Wall and the crumbling of the Soviet Union. President Jimmy Carter
had declared a "national crisis of confidence" in the summer of 1979. By
the beginning of the '80s the country found itself in the throes of a full-fledged
recession. Ronald Reagan's presidency neatly spanned the decade, and by 1983, signs
that inflation was being brought under control pointed to the beginning of an economic
recovery that would transform the bank accounts and lifestyles of much of the American
middle class. The lust for consumer goods extended
to the art market, helping to radically inflate prices paid for art at auction. In
1987, the same year as "Black Monday," the largest Dow Jones industrial
average plunge up to that date, Vincent van Gogh's Irises was auctioned for a record
$53.9 million at Sotheby's in New York. Art had become merely another commodity to
be bought and sold in the marketplace. |