Which aspect is NOT considered by formalism aesthetic theory?

Formalism aesthetic theory focuses primarily on the visual aspects of art, analyzing elements such as visual composition, the use of color, and artistic technique. It emphasizes appreciation based solely on the formal qualities of a work, such as line, shape, texture, and color, rather than any external factors or context.

Social context, on the other hand, is concerned with the cultural, historical, and societal influences that affect the creation and interpretation of art. This aspect is not part of formalism's scope, making it the correct answer. In formalist analysis, the intention and background of the artist, or the social dynamics surrounding the artwork, do not play a significant role in evaluating the piece.