Dave Hickey's comical personality during his speech allowed many dirty secrets about the art world to come out into the limelight. Interestingly, his final thought, "Go out and Buy Shit," is just what the present art buyers are interested in and are literally doing at all costs. Since art is prevalent everywhere many people will buy art at any cost s that it is appraised. The term the art bubble is referred to the arts and artists that suck money into the art world for no real reason at all. Investors are simply giving away tons and loads of money to these artists at art autions when the prices for the same artwork is only a fraction of what its being valued off for. Powerful museums was starting to lose money until they found a way to earn money from the community. The exhibits that are displayed are always going to make money for the museum. On the other hand, objects that are just sold are going to make money but not for the museum for the artist thats being sold. Greedy artists are making millions off of art that really is not as highly vavlued as the economy is making them out to be. Therefore, all of the middle men who used to make money from selling or showing art to the masses are cancelled out. As Dave starting question probed: What happened to the art rules? I think there maybe was not any to begin with but just the fact that art business simply what it was made out to be...a money maker or as Dave termed hyper liquedity.
-Jazmine Still
Monday, April 5, 2010
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