‘The mother of excess is not joy but joylessness.’ –Nietzsche

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There are two basic critical responses to today’s art market. One argues that the market has nothing to do with art, and that whatever happens in the market is irrelevant to the actual content, meaning and love of art. Art is to the art market as sailing is to the business of hawking mega-yachts to multibillionaires. The other view, succinctly stated by Perl, is more pessimistic: The art market is ruining art, spiritually and as a cultural practice.

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