Article: Art World Price Fixing

BEN LEWIS: Who Put the “Con” in Contemporary Art?

From a few years, but a good description of some of the dubious practices that fuel the contemporary art market. I do not agree with his observation suggesting regulation is needed (why is more statist intervention the solution for everything?), but more transparency would help.

The money quote:  “The art world is dirty, corrupt and immoral, and, if there was a name for such a crime, these people would be charged with perverting the course of art history.”

The art world makes a good microcosm of the real world. A small group of a new aristocracy of the well connected use their influence to line their pockets, their offerings devoid of any real achievement or quality. This is the era of the fall of the “experts.” They’ve squandered their credibility with the terrible results of their schemes and actions.

Remodernism removes power from the hands of corrupt, self-serving elites, and gives it back to the people.

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