Modern art is coeval with the modern market. This seminar examines key moments in this complicated relationship. Under what conditions does an artistic avant-garde emerge? In what ways does it advance the interests of capital? In what ways does it challenge them? How do artistic forms change vis-à-vis transformations in economic modes of production and consumption? These and other questions will be probed with test cases drawn from Impressionist painting, modern architecture, mass culture, Dada, Pop, Minimalism, and postmodernist art.