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THE CONSUMER YEARS: 1982-1989
908 cc, 1984,
Collection of John Hoover
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 Newfound economic power in Asia was manifested by the flood of cheap
electric goods, cars, and motorcycles that came pouring into the |
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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 |
Perhaps the epitome of the decade's sensibility could be found in the alternately praised and derided Jeff Koons. With his stainless-steel bunnies and floating basketballs, he seemed to wish to prove, with Gordon Gekko in Oliver Stone's Wall Street (1987), that greed was not only good, it could also be fun. |
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