Jak wietnamscy komuniści pomogli w powstaniu globalnego rynku sztuki współczesnej
How Vietnamese Communists Helped in the Creation of Global Contemporary Art Market?

Summary/Abstract: The article looks at the links between the art world and financial markets from a historical perspective. The Vietnamese communists referred to in the title have been somewhat arbitrarily chosen to symbolize the beginning of the dismantling of the postwar economic order based on the Bretton Woods system. The history of the formation of the global art market is inextricably linked with the development of deregulated financial markets and the implementation of an economic policy based on the assumptions of neoclassical economics. The purpose of the article is to show the inextricable links between financialization, the dogmatic implementation of low-inflation policies in the 1980s by decision-makers like Margaret Thatcher, and increasing interest in the trade in contemporary art. The sources of this interest and the growth of the art market, with its hierarchical structure, are found in the non-artistic sphere.

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