foundation deposit

FORGIVING one’s dues laid the foundation blocks of the Bankrupts’ Institute (2006), where the lives of resident, recovering bankrupts productively shape the life of the institution. ‘Foundation Deposit’ consists of three books that portray the architecture and everyday life at an institute for recovering bankrupts in Venice, three years after its foundation.

The institute was founded on the principle that ‘Bankruptcy is a Gift’. Its life and ideas are described through overlapping combinations of text and image that draw inspiration from the meandering narrative of Laurence Sterne’s ‘Life and Opinions of Tristram Shandy, Gentleman’ (1759-67) and a re-reading of William Hogarth’s ‘A Rake’s Progress’ (1733-4).

The three books explore how spaces might be fabricated and used differently when structured through an economy of gifts. They ask the question of how architecture, as a currency of gift exchange, might need to reconsider its representational mode – specifically through fragmentary and non-linear ‘sections’ and ‘projections’ which, in the books, take both drawn and written forms.