Compound Interest Centre for Applied Arts
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Born of the flat-white sipping inner city of Melbourne, among trust-fund anarchists and working class Keynesians, where the only real form of socialism survives (romantic theoretical socialism), the Compound Interest is the perfect amalgam of idealist modernism and late capitalism. A commune of creative peers and collaborators, named after a micro economic mechanism. The contentious thing about the applied arts are that they lie between other areas— Art and Commerce, Craft and Manufacturing, and most importantly between the speculative and the practical. It’s this weird in-between-ness that endears it among art enthusiasts.
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