It's main principles include dealing with the self as the world gets smaller. It's not about rejecting anything, in fact I see it as sort of "anything goes!" philosophy. It's all-embracing in terms of culture and race and gender, pretty much, but there are still rules in place when we try to think of it in terms of assigning value and monetary worth (another can of worms).
I've done a lot of studying and discussing Bourriaud's manifesto for the Altermodern art and the Radicant artist: He says that the new art transcends spacial boundaries and is all about the global traveller. The Radicant is a traveller, drawing imagery from all cultures and geographies while keeping his own in the down-low. It's drawing on all cultures without that nasty question of authority, does he have the right to, because now he does - everything is in play now that we have access to (and presumably the access to understand properly) these cultures and peoples.
When and How was it born: I'd say with the coming of the internet, the 80s, and it has grown as the technology and access to information has grown.
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