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New Museum of Capitalism reflects on an economic thrill ride

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Museum of Capitalism

The new Museum of Capitalism claims its purpose is to “educate this generation and future generations about the history, philosophy, and legacy of capitalism”.

Opening June 17th in Oakland, CA, the Museum of Capitalism says that examining the history and effects of the economic and political system is “crucial for establishing justice for the victims of capitalism and preventing its resurgence”.

The Museum is seeking to do this, according to their website, through exhibitions, research, publications and art.

“THE WORLD OF CAPITALISM IS, ESSENTIALLY, A ROLLER COASTER, WHAT GOES UP, MUST COME DOWN” –  Warren Buffet

The Museum will display rare items from its own archives and large public and private collections.  The exhibitions will be the results of collaborations between researchers, writers, filmmakers, designers, scientists, curators, and non-specialists, as well as those with direct experience of capitalism.  The debut show will exhibit art by a total of 83 artists from around the world.

The first exhibition has been created by Oakland based artistic partners Andrea Steves and Timothy Furstnau.  Collectively known as FICTILIS, the duo have been supported by a $215,000 grant, given to them by the Emily Hall Tremaine Foundation.  The foundation states their mission as to “seek and fund innovative projects that advance solutions to basic and enduring problems”.

According to a mission statement on their website, the Museum of Capitalism believes that “much of the evidence of capitalism is either eroding over time or simply not known or easily accessible to the public”. They say their aim is to “connect and integrate these many efforts before the evidence is erased forever”.

Images courtesy of the Museum of Capitalism

Is Capitalism Doomed? A New Museum Imagines the Downfall of the Economic System

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