Condo London 2016

Multiple venues, London, 16 January – 13 February 2016

‘Artists’ Clothes’, installation view, Carlos Ishikawa, 2016. Image courtesy the gallery.

Some readers might have seen the recent film The Big Short, the Oscar-nominated semi-post-modern comedy that attempts to explain the exploits of a few profiteers from the 2008 housing market crash in the US. Spoiler alert: these guys saw a collapse coming, and decided to profit on it, and then it happens. It’s only after you’ve left the cinema and the jaunty tone of the film wears off that it becomes clearer: they weren’t underdogs, or crusaders or visionaries, as the film attempts to portray them, just hedge funders finding a way to profit from a situation. Sure, there’s a bit of hand wringing, which is perhaps the most remarkable part: we’re supposed to empathise with these guys. The moral of the tale is much darker, a sort of Russian doll abyss that might be handily summed up by a blog title from Dallas’s International Risk Management Institute: ‘Taking Risks to Create Value – It’s What Capitalism’s All About!’