%0 Journal Article %T Ut oeconomia Pictura: How the Global Art Market is Changing the Dominant Canons %J International Journal of Arts %@ 2168-5002 %D 2012 %I %R 10.5923/j.arts.20120206.02 %X This study explores the pressure that the new configuration of the art market is exerting on the alleged universalism of Western artistic conventions, in particular as a result of the dramatic increase in the quotation of Chinese artists and the growth of China¡¯s market share globally. In fact, over the last decade, there has been a great cultural and economic valuation of artistic expressions that hardly correspond to Western conventions at all, especially in Asian and Islamic countries. These changes call for a thorough revision of the ethnocentrism that marks the West¡¯s artistic narratives and canons, as the need to create more inclusive narratives becomes increasingly more evident. %K Art Market %K Canons %K Art History %K Globalization %K China %U http://article.sapub.org/10.5923.j.arts.20120206.02.html