Frankfurt

Frankfurt

Portikus
Time/Bank

May 7–June 26, 2011

Opening: May 6, 2011

Portikus is delighted to announce that starting May 6, it will become a bank: a time bank.

Initiated by artists Julieta Aranda and Anton Vidokle in 2009, Time/Bank, is a platform that enables people to get things done without using money. With more than a thousand account holders around the world, Time/Bank allows groups and individuals to pool and trade their time, and acquire goods and services using credits earned by helping others in the bank. Through Time/Bank, we hope to create an immaterial currency and a parallel micro-economy for the cultural community, one that will create a sense of worth for many of the exchanges that already take place within our field.

At Portikus, the Time/Bank will be comprised of four main components: a Time/Store offering a range of commodities, groceries, and articles of daily use, as well as a selection of artist’s editions and books produced by Portikus; an exhibition of artists’ designed prototypes for a time based currency; a currency mint which will print and put in circulation four hundred one Hour Notes - one for each hour of the exhibition; an archive of Notgelt—the legendary German alternative currency popular during the hyperinflation of 1920s.

Time/Bank at Portikus will host a series of public seminars and talks by the theorist and activist Franco Berardi (Bifo), Paul Glover, founder of Ithaca Hours local currency system, anthropologist Elizabeth Povinelli from Columbia University, and artists Raqs Media Collective.

The Frankfurt branch of Time/Bank will include a network of local art institutions and organizations, such as the MMK and the Jewish Museum amongst others, where the currency of the Time/Bank—Hour Notes, designed by the American artist Lawrence Weiner-—can be used for admission, and to make purchases in cafeterias and books stores.

In conjunction with the exhibition, Portikus is pleased to publish a book dealing with qualities of time, gift economy, alternative currencies and other related topics, including commissioned essays and illustrations, as well as contributions by the members of Time/Bank.

Job opportunities:

Time/Bank is currently hiring Time/Store clerks. Salary: one Hour Note per hour.

Since 2003, Julieta Aranda and Anton Vidokle have been frequent collaborators on numerous art projects, including e-flux video rental: an art work in the form of a free video rental shop, which started in New York in 2004 and has since travelled to art centers throughout the world including KW, Berlin, Extra City, Antwerp, Portikus, Frankfurt, Lyon Biennial, Gulbekian Foundation, Lisbon and many other. In 2007, Aranda and Vidokle opened Pawnshop: a pawnshop for art which went bankrupt in New York at the onset of the global economic crisis in 2008 to reopened a year later at Vitamin Creative Space in Beijing, China. Together with Brian Kuan Wood, Arand and Vidokle are co-editors of e-flux journal.

For more information please contact:

www.e-flux.com/timebank

www.portikus.de

Events

25. May. 2011

Paul Glover will describe the benefits of independent money systems, and the need for alternatives to official currencies. Based on twenty years experience, he explains how to develop successful community currencies that rely on local networks.

17. May. 2011

With the Portikus Project, “Time/Bank” as backdrop, “Time/Banks, Routes/Worlds” examines the raveling and unraveling of social worlds as a dynamic relationship between social networks and enclosures.

16. May. 2011

A Few Questions Regarding the Quality of Time
Raqs Media Collective

12. May. 2011

Time/Bank is pleased to be screening the 1973 cult classic Themroc by director Claude Faraldo. Made on a low budget with no intelligible dialog, Themroc tells the story of a French blue collar worker who rebels against modern society, reverting into an urban caveman.

10. May. 2011

Franco Berardi (Bifo)

Local Network

Art organizations and other local businesses which accept Time/Bank currency as payment

HFG Offenbach + Basis

HFG Hochschule für Gestaltung
Schlossstrasse 31
D-63065 Offenbach am Main
Telephone: +49 (0)69-80059-0

basis e.V.
Gutleutstrasse 8-12
60329 Frankfurt am Main
Telephone: +49 / 69 / 400 376 17

Offer: HFG Offenbach and basis jointly offer participation in "xqm", a public exhibition project that will take place in the public realm in Frankfurt.

Jüdisches Museum Frankfurt

Untermainkai 14/15
60311 Frankfurt
Telephone: +49 (0)69 212 35000

Offer: entrance, a selection of books

Kulturamt Frankfurt am Main

Brückenstraße 3-7
60594 Frankfurt am Main
Telephone: +49 (0)69 21236838

Offer: Tickets for the Frankfurter Lyriktage, May 24 - 28.

Literaturhaus Frankfurt

Schöne Aussicht 2
60311 Frankfurt am Main
Telephone: +49 (0)69 - 75 61 84 0

Offer: entrance and selected books

Museum für Moderne Kunst (MMK)

Domstraße 10
60311 Frankfurt/Main
Telephone +49 (0)69  21230447

Offer: entrance, selection of books

Robert Johnson

Nordring 131
63067 Offenbach am Main
Telephone: +49 (0)69 8004313

Offer: entrance to the club

Schirn Kunsthalle Frankfurt

Römerberg
60311 Frankfurt

Offer: entrance, a selection of books

Städelschule Mensa

Staatliche Hochschule fur Bildende Künste - Städelschule
Dürerstrasse 10
60596 Frankfurt am Main

Offer: The Städelschule Cantine (Mensa) offers breakfast and lunch.

The Forsythe Company

Schmidtstrasse 12
60326 Frankfurt am Main
Telephone: +49 (0)69 90 73 99 - 100

Offer: selection of T-Shirts for the Time/Store