daimyo: Careful now! You are starting to carry on two party, philosophical conversations with yourself. That has to be a sign of something.
Simple answer for some, not all, but a significant portion of, the gazillion dollar high end art market:daimyo:
If artists themselves are no more than puppets what does that make the billions of appreciators. The vast majority of master painters have long been dead, something tells me their corpses care little what their works sell for. 99.9% of those who enjoy paintings will never own an original by anyone of note. When and if a painter finally succeeds in selling canvases for a livable wage he or she has usually invested their whole life to that point. The artists I know live job to job, giving their all with little hope of recognition in a world more than willing to underpay and not credit them.
You illustrate my point perfectly. What about a painting makes it worth 20 million dollars when millions of other artists are producing work of no lesser quality?
daimyo:
No one need like the pipe or even Werner's work but to claim his fame and earned price point is due to rich people wishing to imitate one another is asinine.
"Keeping up with the Joneses" is ludicrous behaviour for sure, but I'm not so sure what to think of the suggestion that a certain segment of the population is immune to it.
If you get his newsletter, you can read Maxim Engel write a great many words about how fickle the high end pipe market is. How the Chinese refuse to buy locally made pipes, how some years pipes from one country are all the rage and other years the same pipes won't budge from his shelves.
The comparison between 20 million dollar paintings and high end pipes may not actually be all that far off. It's a more widespread model for sure, one person buying one artist's painting for 20 million dollars will forever send the prices of everything that person does into the stratosphere. The same principles apply in that some makers get valued more highly than others based simply on the whims of "the market", and if you can tell me (or more importantly Maxim) why it ignores some people and not others, I'm sure that information would be worth a lot of money.
I'll reiterate, there's no questioning the quality of the pipes or the pipemakers, but how some become so consistently sought after is a great mystery.
So, it's like Abbot and Costello.The Tao that can be spoken is not the eternal Tao
The name that can be named is not the eternal name
The nameless is the origin of Heaven and Earth
The named is the mother of myriad things
Thus, constantly without desire, one observes its essence
Constantly with desire, one observes its manifestations
These two emerge together but differ in name
The unity is said to be the mystery
Mystery of mysteries, the door to all wonders
Chapter 2
When the world knows beauty as beauty, ugliness arises
When it knows good as good, evil arises
Thus being and non-being produce each other
Difficult and easy bring about each other
Long and short reveal each other
High and low support each other
Music and voice harmonize each other
Front and back follow each other
Therefore the sages:
Manage the work of detached actions
Conduct the teaching of no words
They work with myriad things but do not control
They create but do not possess
More true now than ever before...because such a vast amount of wealth has accumulated into such a tiny percentage of the population. It's really more about the value of the currency than the value of the art/collectible. The high-end collectibles market has gone into the stratosphere in recent years due to that tiny percentage attempting to convert digital currency into tangible items while the currency is still perceived as having value.At the high end, much of the activity in the art world revolves around art as a business commodity. Sometimes, artwork is priced in the stratosphere because it is useful for it to be so priced.
Truly that is one of the beauties of science but that does not mean that many questions will not be answered. Science grows exponentially with our technology and has expanded at a rate that we could not have predicted. Science may very well answer some questions previously relegated to philosophy. Only time will tell is we will have chance before the massive meat grinder of a universe we seem to live in, ends us.Wir müssen wissen
Wir werden wissen