IMPRESSIONISM BEGAN IN REVOLT. Against the restrictive system of artistic training, the group embraced art-school dropouts. Against biased selection committees, they opened their ranks to all. Against hierarchical display conventions, they assigned wall space by lots. And so, in December 1873, they formed a société anonyme, a joint stock company. The artists based its charter on that of a bakers’ union and pledged to finance “the organization of free exhibitions, without a jury or honorific prizes, where each one of the associates can show his works.”4 Having no positive doctrine, their society encompassed an unusually broad range of techniques and temperaments, frustrating attempts––then and now––to define the movement stylistically. Monet preferred landscapes, Morisot figures. Renoir painted thinly, Cézanne thickly. Pissarro worked from life, Degas from memory. Besides these now-famous names, the initial group had twenty-six additional participants, including some re
Few economists or politicians foresaw these developments. The long boom had lulled them into the belief that the cycle of boom and bust had finally been