Constructed Value
(Wearable) Object
Mateial: Iron wire, diamond
This piece examines the perceived value of diamonds and the underlying forces that shape it. Diamonds are widely recognized as a staple in the jewelry industry, where they are meticulously cut, set into precious metals, and sold at premium prices. As a result, diamonds have become unattainable luxuries for many due to their high cost.
However, few people are aware that the iconic status of diamonds is largely a construct of the market. The diamond supply is tightly controlled, and the industry manipulates sales volumes to maintain high prices. The value of each diamond is determined by a rigorous evaluation process based on the "4 Cs" (carat, cut, color, and clarity), further enhancing their exclusivity. To solidify diamonds as symbols of love and commitment, the industry has also crafted elaborate myths and romantic narratives.
In my work, I draw a parallel between the process of valuing diamonds and the construction of a house. Here, diamonds are metaphorically placed within a stable and secure wire cage, representing the artificially inflated value imposed by market forces. This construction process symbolizes society's relentless pursuit of increasing diamond value and the often irrational measures taken to achieve this goal.
However, few people are aware that the iconic status of diamonds is largely a construct of the market. The diamond supply is tightly controlled, and the industry manipulates sales volumes to maintain high prices. The value of each diamond is determined by a rigorous evaluation process based on the "4 Cs" (carat, cut, color, and clarity), further enhancing their exclusivity. To solidify diamonds as symbols of love and commitment, the industry has also crafted elaborate myths and romantic narratives.
In my work, I draw a parallel between the process of valuing diamonds and the construction of a house. Here, diamonds are metaphorically placed within a stable and secure wire cage, representing the artificially inflated value imposed by market forces. This construction process symbolizes society's relentless pursuit of increasing diamond value and the often irrational measures taken to achieve this goal.
