The heavy hitters in the art world of the last few decades are seeing falling sales and rising criticism, sign to some that interest in the art market has moved on from the carefree styling that has dominated the contemporary market. Is it a blip in the radar or a sign of a truly changing market? Take a look...
http://theartnewspaper.com/articles/Brand-names-slip-as-market-starts-to-correct/27902
Can't say I'm disappointed...I don't hate the type of work they are talking about, but, for the most part, It's just not my thing. I don't think the art market doing poorly is a good thing, but I also see an opportunity for the perception of fine art to get a boost. This work confuses so much of the general public that it's not only ignored, it's despised and it seems to turn a lot of people off of modern art (as broad as the term really is) in general. When the average person sees a formaldehyde shark sell for millions of dollars, they don't see a concept, they see a construction. And while the technique of artists like the traditional masters is impressive to the layman, a glass box is not. They see their "i could do that" moment in the "great" art of the day, and apply it to all the other art being made at the time. At the very least, their disconnect doesn't inspire them to keep looking.
I;m not saying that it's a good thing that big names are falling, but it could be an opportunity for more relatable work to be thrust into the public eye.
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