Are the Basel Fairs Eating Each Other? Kenny Schachter Has a Theory—and News of a Big Bezos Art Deal | Artnet News
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Are the Basel Fairs Eating Each Other? Kenny Schachter Has a Theory—and News of a Big Bezos Art Deal | Artnet News
The bogus religiosity which now surrounds original works of art, and which is ultimately dependent upon their market value, has become the substitute for what paintings lost when the camera made them reproducible. Its function is nostalgic. It is the final empty claim for the continuing values of an oligarchic, undemocratic culture. If the image is
... See moreJohn Berger • Ways of Seeing
The great art dealers operated like index funds. They bought everything they could. And they bought it in portfolios, not individual pieces they happened to like. Then they sat and waited for a few winners to emerge. That’s all that happens. Perhaps 99% of the works someone like Berggruen acquired in his life turned out to be of little value.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The situation is strangely tantalizing. The artist finds a little that is lovable and much that’s wrong around supermarkets, but can’t imagine running or bringing the ideals of art into action in one. The supermarket owners love art, but can’t imagine bringing their psychologically and aesthetically ambitious sides into focus in their business. The
... See moreAlain De Botton • The School of Life: An Emotional Education
Most of what the crypto world calls art is entertainment, or fashionable assets. They snatch your attention. They care more about making a tweet or a headline declaring they SOLD OUT, they set a HISTORICAL RECORD, and they tell you this is the art’s value. But the value of what? Monetary value is not a good indicator of the aesthetic value, the his... See more