On July 26, 2026, the Art Services Business Registration System came into effect under the Art Promotion Act. Businesses operating in six categories—galleries, art auctions, art advisory services, art rental and sales, art appraisal, and art exhibitions—are now required to register with the relevant local authority.
2026.08.04
Art spaces are more than venues for exhibiting works of art. They serve as vital intermediaries that discover new artists, generate critical discourse, and connect audiences, markets, and institutions. Changes in these spaces, therefore, are not simply matters of individual organizations adopting different modes of operation. They are important indicators of how the contemporary art ecosystem has evolved and the direction in which it is moving.
2026.07.21
In Korean society, internationalization and globalization emerged as major national agendas between the late 1980s and the mid-1990s. The 1988 Seoul Olympics was a symbolic event through which Korea began to present itself to the international community in a more visible and active way. In the 1990s, Korea rapidly entered the global order through democratization, market liberalization, cultural exchange, and participation in international organizations.
2026.07.07
One of the most significant stories in the global art world recently has been Pace Gallery’s large-scale staff reductions and restructuring of its artist roster. Across the international art community, the news was widely interpreted as a sign of crisis within the mega-gallery model.
2026.06.23
Recently, major media outlets including The New York Times, the international contemporary art platform Ocula, and ARTnews have extensively reported on the large-scale restructuring of Pace Gallery, one of the world’s leading mega-galleries. In particular, remarks by Pace CEO Marc Glimcher describing the current gallery model as not merely “broken” but effectively “unfixable” have sent ripples throughout the global art world.
2026.06.09
Fine art engages with society, the market, and institutions, but its mode of existence cannot be reduced to commodity production or the provision of services. An artist is not someone who produces works in order to satisfy the demands of a specific customer, and an artwork is not a product made to provide functional utility
2026.05.26
In the previous essay, “The Age of Role Reversal,” we examined how essence is obscured by the non-essential. This chapter turns to the loss of value—a deeper layer of that same inversion. Here, “value” does not refer to market price. It signifies the belief in authenticity, autonomy, and inner necessity that once made art possible as art—a shared yet invisible agreement that sustained the meaning of artistic creation.
2025.10.21
Today, contemporary art appears more dazzling than ever. Art fairs around the world draw hundreds of thousands of visitors, and record-breaking prices are set at auctions. In Korea as well, Frieze Seoul has become a focal point for the Asian art market, while regional fairs such as Art Busan and Art Gwangju continue to expand. Social media feeds are flooded with exhibition snapshots, and blockbuster shows draw long lines of eager visitors.
2025.09.23
In capitalist society, art can no longer remain solely in an independent and autonomous realm. Today, artworks are reduced to prices within the market’s evaluative systems; their lifespan is extended or erased depending on their investment potential.
2025.08.12
“Who bought that piece?” This question often wields more power than the artwork’s intrinsic aesthetics or philosophy. In today’s art world, the collector is not merely a purchaser but a powerful actor who structures value and inscribes narrative.
2025.07.29
In the 21st century, late capitalism has evolved beyond an economy of production and consumption into a system where symbols and signs dominate value. Jean Baudrillard called this the “political economy of the sign,” where the symbolic meaning of things supersedes their material substance. In such a system, commodities are no longer just physical objects—they are bundles of signs, socially coded and ideologically charged.
2025.07.15
Fine art has always touched the deepest strata of the human spirit. It is not simply the skill of creating aesthetic objects, but the act of a living human being attempting to understand themselves. While humans have evolved by using tools, it is in writing poetry and painting images that they crossed from utility into the realm of the mind. Art was born at this very threshold, and it has defined civilization ever since.
2025.07.01
