The great manoeuvre @ steirischer herbst

Ope­ning of the exhi­bi­ti­on: 
Sat, Sep­tem­ber 25 2010, 16:00 /// 
Jako­mi­ni­stra­ße, Graz ///

Dura­ti­on of the exhi­bi­ti­on: 
Sep­tem­ber 25 – Octo­ber 17 2010

Artists talk: 
Octo­ber 2 and 9 2010, 15:00

Scree­ning I
Sat, Octo­ber 2 2010, 17:00 – 19:15
Wer­ner Rydl: The gre­at mano­eu­vre
Wer­ner Rydl: Embar­go (Bur­ning Money)
Wall Street: Sequence of the “greed is good”-speech from Gor­don Gek­ko
Futur­a­ma: Epi­so­de “Future Stock”

Scree­ning II:
Sat, Octo­ber 9 2010, 17:00 – 19:15
Der “Euro­pean Kings Club – E.K.C.” (1991–1994)
“L’objet du Scan­da­le” de Guil­laume Durand – Jérô­me Ker­viel
The Pon­zi Sche­me (trai­ler)
Bombs, Bul­lets and Fraud – Dis­co­ver the Ori­gi­nal Pon­zi Sche­me (sequence)

Nowa­days you can not pro­ve if an input tax is accep­ted reck­less­ly or not – and her­ein lies the gre­at mano­eu­vre whe­re you are able to mani­pu­la­te amount of taxes and direct them to a desi­red direc­tion.” (Inter­view with Wer­ner Rydl on Octo­ber 13th 2004 in Sirinhaem/Brasil)

Dubio­us deals, money laun­de­ring, gree­dy ban­kers – the cur­rent cri­sis is focu­sing the public eye on the shady tac­tics of a few tricks­ters on the inter­na­tio­nal finan­cial mar­kets. While some react with accu­sa­ti­ons and others with appease­ments, the Linz-based art collec­ti­ve qujOchÖ exami­nes the methods of tho­se who explo­it finan­cial-capi­ta­list inter­ac­tions for their own pur­po­ses and cheat the sys­tem in an inge­nious and inscruta­ble man­ner. The ana­ly­sis focu­ses on real indi­vi­du­als and their prac­ti­ces, repre­sen­ting them in a com­plex instal­la­ti­on: how could so many peop­le fall for the hazar­dous pro­mi­ses of Charles Pon­zi? Why was Ivan “The Ter­ri­ble” Boes­ky applau­ded for his “greed is all right” speech? How did Wer­ner Rydl come to burn 167 mil­li­on Aus­tri­an Schil­lings in Bra­zil? On a mad tour, qujOchÖ pres­ents the sto­ries and tac­tics of the tricks­ters of finan­cial capi­ta­lism.

Bey­ond moral fin­ger-wag­ging and sim­ply pil­lo­ry­ing tricks­ters, qujOchÖ has come up with a demons­tra­ti­ve ges­tu­re that crea­tes a field of ten­si­on with tri­cky finan­cial spe­cu­la­ti­ons. Fol­lowing indepth dis­cus­sion, the art collec­ti­ve has deci­ded to mul­ti­ply the pro­duc­tion bud­get pro­vi­ded by stei­ri­scher herbst with as litt­le spe­cu­la­ti­on as pos­si­ble. But what would be more obvious than to take a typi­cal­ly Aus­tri­an approach to this? As a remi­nis­cence of the sup­po­sed­ly good old times, qujOchÖ the­re­fo­re depo­si­ted the pro­duc­tion bud­get of €16.576,03 in a savings account. A fixed inte­rest rate of 4.185 % for 100 years was nego­tia­ted with Stei­er­mär­ki­sche Spar­kas­se. The final capi­tal inclu­ding inte­rest the­re­fo­re amounts to exact­ly €1.000.000,30. The savings book was trans­fer­red to stei­ri­scher herbst by deed of gift on con­di­ti­on that the money is not acces­sed befo­re the 100 years have expi­red. As an addi­tio­nal gua­ran­tee, the savings book is depo­si­ted with a nota­ry public for this peri­od.

(Pho­tos: Wolf­gang Sil­ve­ri, Anni­ka Strass­mair, qujOchÖ)

Video of Wer­ner Rydl’s bur­ning action on the beach of Reci­fe in March 2002
(Video/Editing: Wer­ner Rydl/Rainer Dechet)

Video of the inter­view with Wer­ner Rydl on June 5 2010
(Video/Editing: qujOchÖ)

Video of the exhi­bi­ti­on ope­ning on Sep­tem­ber 25 2010
(Video/Editing: qujOchÖ)