Speculation on Disappearance
Since the opening of Lloyd’s Coffee House — where insurance deals were first formally arranged in London (1688) — and the creation of the Bank of England (1694), the history of assessing and safeguarding value has evolved into the unprecedented models of neoliberal financialization. Especially after the collapse of the housing market in 2007, a number of international investors and CEOs have shifted their activity from real estate into “natural capital.”
This latter form of capital, which includes financial services provided by the environment, is based on different environmental resources ranging from water to geology to non-human species. This approach follows the “No Net Loss” policy, whereby the net amount of biodiversity remains theoretically constant. Mitigation banking reconfigures the ways we extract and preserve the value of endangered species and their habitats. But what does “no net loss” mean within a context of climate change, impossible quantification of nature and human-induced geological transformations?
Part of the ISU Department of Architecture 2016-2017 Public Program Series, this lecture is co-sponsored by the Department of Architecture, College of Design, Department of Art and Visual Culture, Department of Community and Regional Planning and graduate program in urban design.
Cooking Sections (Daniel Fernández Pascual and Alon Schwabe) is a duo of spatial practitioners based out of London. It was born to explore the systems that organize the world through food. Using installation, performance, mapping and video, their research-based practice explores the overlapping boundaries between visual arts, architecture and geopolitics. Cooking Sections was part of the exhibition at the United States Pavilion at the 2014 Venice Architecture Biennale.
Their work has also been exhibited at the Neue Nationalgalerie Berlin; Storefront for Art & Architecture New York; dOCUMENTA(13); Peggy Guggenheim Collection; CA2M, Madrid; The New Institute, Rotterdam; UTS, Sydney; ETSAM; TEDx Talks Madrid; Fiorucci Art Trust London; ACC Weimar; SOS 4.8; HKW Berlin; Akademie der Künste, Berlin; 2014 Biennale INTERIEUR Kortrijk; and were 2014 residents in The Politics of Food at Delfina Foundation, London. Cooking Sections is part of the 2016 Oslo Architecture Triennale and 2016 Brussels ParckDesign. Their work has been featured in a number of international publications, including Lars Müller, Sternberg Press, Volume and Frieze Magazine, among others.