ABSTRACT
The institution of theater formed its own value system concerning the ownership of its virtual space, inventing its own paper money: the ticket and the patent. Closing off the theater space from the public space, theater privatized the virtual space of the stage and of the audience, displacing “free” improvisatory performances. Iteration, its strategy against the rites of transformation, also became its means of commodification. Investment depended on the art of repetition.
