The Art Market is a Scam (And Rich People Run It)

Comments · 5.5K

• JA

  @jay-tbl · 4 years ago

  Thankfully with NFTs, us working class people can get scammed too!

  11K

• WH

  @Wheezr · 4 years ago

  Imagine if we made art digital and sold them as tokens for exuberant prices despite being able to be downloaded as a JPEG. That would be nuts.

  9.2K

• EL

  @Elendrian · 4 years ago

  The art industry is full of brilliant accountants, not artists.

  9.3K

• OY

  @oyuyuy · 3 years ago (edited)

  A friend worked for a somewhat famous artist. He ended up drawing his art and got paid $10/h, while the artist just signed the paintings sold them. Some went for $100k+...<br>So yeah, it&apos;s a complete nonsense-industry.

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• TS

  @Tsukaiyo · 4 years ago

  Why do regular people want to be part of the rich-people art market? Just find an artist whose work you like and buy from them/commission something. That&apos;s how you support real, living artists

  4.8K

• CA

  @cameraman502 · 4 years ago

  42% of art is correctly valued. I&apos;m frankly surprised honesty is so high.

  2.9K

• SH

  @ShortHax · 4 years ago

  I’m a simple man, I hear tax evasion, I keep listening

  8.8K

• TO

  @toddverbeek5113 · 1 year ago

  One thing that makes Lichtenstein’s financial success infuriating is that most of “his” work wasn’t original. He usually just copied panels out of comic books illustrated by poorly paid freelance artists, and the only thing “new” he brought to them was to paint them much larger… and to copy them badly. He didn’t even <b>credit</b> the artists, and even when someone has tracked down the original artist, museums and galleries don’t identity them.

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• BE

  @bettermetal8306 · 4 years ago

  Imagine selling something for a few thousand dollars and thinking you got a good deal just to see it be sold for a few hundred million

  1.9K

• TR

  @TracksideViews · 4 years ago

  Next: The logistics of transporting &nbsp;expensive art

  2.5K

• KE

  @kevting4512 · 4 years ago

  Banksy: I CAN&apos;T BELIEVE YOU MORONS ACTUALLY BUY THIS SH*T!!<br><br><br>Rich patrons: OMG HE&apos;S TALKING ABOUT US!! <b>applauses</b>

  2.5K

• PX

  @PXAbstraction · 3 years ago

  Every YouTuber who has been shilling MasterWorks should have to watch this video on repeat at least a half dozen times.

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