The relationship between arts economies and austerity is a tumultuous one. We need only recall Stephen Harper’s sneering 2008 categorization of artists as rich complainers as evidence of the persistent myths that are used to devalue artistic work as “non-essential” during times of economic crisis. And yet, while the global commercial art market continues to experience steady growth and record-breaking auction sales, this profit-oriented circuit is neither possible nor desirable for many artists. Given the rich history of art works that engage with economic exchange–from artists’ storefronts and corporations to drop-out culture and performative actions of refusal–we are interested in considering the ways in which artists negotiate and respond to the simultaneous devaluation of artistic work, and increasing pressures on artists, cultural workers, and funding agencies to behave as financial speculators. In a climate of austerity budgets and precarious labour, we ask: how do artists, cultural workers, and institutions adapt and situate themselves? What kinds of identities–within cultural work and more broadly–are produced by capitalist accelerationism? On October 24 2014, as part of the UAAC conference held at OCADU in Toronto, I co-chaired a panel with Anthea Black on Performing Austerity: Artists, Work, and Economic Speculation. The panel included papers by Shannon Stratton, Michael Maranda, and Kirsty Robertson. To introduce the panel and frame some of the issues presented in the papers, we also drafted a letter to the UAAC community. What follows is a working draft of that letter that we are inviting our colleagues to read, sign, and comment on.