Friday, July 25, 2014

Fungible Assets

This is where the split pig resin casts have ended up. I have also cast a couple with purple and gold and may do some more yet. 

Following on from the comments I received at the Sculptors Queensland exhibition I've been thinking pretty hard about naming my work. I really appreciate Dr Campbell Gray's criticism of my Pink Trotter casting, though I also accept, there will be times I should ignore it. But I don't think this is one of them. I have decided to call all these pieces FUNGIBLE ASSETS with a suffix of GOLD or RUBY depending on their appearance.

I was looking up the meaning of the word Fiduciary and came across Fungible. It makes me wish I had studied economics. Maybe it's not to late. Then I think, F#@K IT, if I try to learn one more thing I'll pop. But anyway, for those who don't know, a fungible asset is one that is perfectly interchangeable with another asset of the same value. If I loaned you a dollar coin and you gave me a completely different dollar coin in return, that would be OK because dollar coins are fungible. If I loaned you my 2014 Mercedes SLR coupe (which I don't have by the way) and you returned a 1968 Datsun Sunny 1000 that would not be OK. 

While they are both cars and function in fundamentally the same way, those items are not Fungible. These little split piggies represent consumers, average people, just like you and me. We buy stuff, eat junk, watch crap on TV and generally can be relied on to keep doing just that. Any one of us is just as good as the other, as long as we keep doing exactly what we are already doing.

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