24 Mar 2018 #31
Art value today is derived simply from the reaction it can create
Thank you for a rational reply. The value of the art market is highly subjective and completely abstract. I think there are other factors involved with market prices we see set for these absurdities. First is to devalue real artworks. Real as defined as the elevating of the human spirit, of great beauty or exhibition of skill, a punctuation on the human or natural world. The real by comparison is devalued, in monetary terms, compared to the absurd. Money is influence. Secondly, about money; the commercial art world is a vehicle for money laundering. What better way to rinse hundreds of millions of dollars. Who cares if it's art or not, it's about business.