New Value Institute

Award Initiative

Post Capitalistic Art Award

A proposed international award in which artistic recognition is produced through plural bidding, public deliberation, and artist-held choice.

Jingyi Wang · New Value InstituteOriginally published June 2026 · Public summary revised July 2026

What It Is

Post Capitalistic Art Award (PCAA) is developed by Jingyi Wang through New Value Institute from the operative structure of Post Capitalistic Auction (PCA). It is a proposed international award and remains in development.

PCAA asks whether artistic recognition can be produced through plural bidding, public deliberation, and artist-held choice without reducing different forms of value to one measure.

Its four bidding currencies are Money, Understanding, Opportunity, and Exchange. They remain distinct and non-commensurable. The participating artist holds the human authority to select which commitment becomes consequential.

Structural Inversion

PCAA separates the authority that constitutes the field from the authority that decides among bids. A selection process forms the field of participating artists; within the live mechanism, each artist holds sovereign choice over the bids for their own work.

This is the award's central inversion: the selecting institution does not determine the final form of value that prevails.

Core Architecture

PCAA has four public stages: nomination, selection, live plural bidding, and fulfilment and record.

Public deliberation may be informed by human advisors and AI-supported analysis, but neither advisors nor AI decide the outcome. Decision authority and accountability remain with the participating artist.

The exact nomination, selection, advisory, contracting, fulfilment, record, and failure-resolution procedures are not part of this public summary.

Research Status

PCAA is an initiative in development, not an announced open call or an established award programme. NVI is developing and stewarding its authorship and institutional form.

Detailed governance, legal architecture, licensing, host relationships, pilot design, software, and implementation specifications are retained for selected collaborations.

Publication History

June 2026. The award initiative was dated and identified publicly.

13 July 2026. The full bilingual working note was published at this URL as the canonical public record of PCAA as it then stood.

24 July 2026. This page was revised as a concise public concept note. The full working note was withdrawn from public access and retained in NVI's internal archive.

Public concept note. This page establishes PCAA's authorship, genealogy, and original structure. It does not publish the operational architecture required to reproduce, pilot, or commercialise the award.