New Left Review no. 99 (May-June 2016) contains my essay “The Coming Exception: Art and the Crisis of Value.” In a critical reading of recent theory as well as recent artistic practice, I argue that rather than focusing on the question whether or not art can be integrated into the Marxian labour theory of value, we should focus on the challenge posed by art to the theorization of value, and examine the increasing economic normativity of the putatively exceptional commodity that is the work of contemporary art in today’s economy.