A Quote by Georg Baselitz
There's a market for art, and things are indeed going swimmingly, especially for German artists. But everything takes place in America and in London, where there are quite a few wealthy, engaged people. What motivates them to buy art is a different question, but they do.
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There is a complete difference between art and the art market. Prices are high now for the simple reason that there are people are willing to pay them. The market dominates the art world today because at the moment collectors call the shots. Like everything else that won't last forever.
Art collectors are pretty insignificant in the scheme of things. What matters and survives is the art. I buy art that I like. I buy it to show it off in exhibitions. Then, if I feel like it, I sell it and buy more art.
Art is not an investment. Art is something you buy because you are financially solvent enough to give yourself a pleasure of living with great works rather than having to just see them in museums. People who are buying art at the top of the market as an investment are foolish.
I felt so nourished by the process of making [Moana], of you're always engaged with other artists from different disciplines, and it's about bringing your art form to the table. It's so many art forms mashed together.
By the late '50s, something was happening in England, and it got to be quite exciting. The music world then started to explode with the Beatles and the Rolling Stones. It was an incredible time with this mixture of independence in art, fashion, and the explosion of the pop sensibility. London was certainly at the center of it all for a few years. And as far as art is concerned, I think that sensibility of what was later called Pop art started in England even before America. And so I was lucky to be there.
I think a lot of people are involved in art because of the fashion of art and the conversation. It gives them a certain sophistication, something to speak about. But art is, if it's conceptual, really about understanding the concept. And if it's beautiful, it's about seeing the beauty. It's gone much further than that now. There's too much commercialism attached to art. If the market cracks one day big-time, you'll frighten so many people away who will never come back. Because they don't really feel for art. People who buy art should want it because they love it, they want to enjoy it.
I believe that the art market is in a place similar to the music industry in 2005. Big changes are coming and the art market will most likely be very different in ten years. However, if you are the art equivalent of Van Halen, you don't really have to change anything. But if you are not Van Halen, then it is time to figure how to adapt to all the changes.
Artists used to argue about art for art's sake versus social realism etc, and now it's like the most dominate argument is related to "art for the market's sake." It's a necessity, somewhat, for some people.
A lot of artists make art for five years, some artists make art for ten years, a few make art for fifteen: very few do it until they die.
Art is a form of experience of the person, the place, the history of the people, and as black people, we are different. We hail from Africa to America, so the culture is mixed, from the African to the American. We can't drop that. It's reflected in the music, the dance, the poetry, and the art.
Though German art can never be Bavarian, but simply German, yet Munich is the capital of this German Art; here, under shelter of a Prince who kindles my enthusiasm, to feel myself a native and member of the people was, to me, the homeless wanderer, a deep, a genuine need.
I think what happened in the last 10 or 15 years in the art market is that all the players - and that includes artists, dealers, art advisors, everyone - basically became dealers. We've had old-school collectors morph into speculators, flipping works. We've seen auction houses buying works directly from artists or from sleazy middlemen. The last step before the crash was the artists themselves supplying the auction houses. Dealing themselves, you know? The art world is as unregulated as any financial market there is.
The art world is never going to be popular like the NFL, but more people are buying art and I think that's cushioning, to a great extent, our art-market cycles.
I'm lucky enough and wealthy enough to be able to buy photographs and buy art that inspires me from day to day. I don't want a Picasso on my wall; it's great art, but it's dead art to me. I'd rather have a photograph by someone I've never heard of that really inspires me.
I worked in an art gallery for a few years, doing administrative assistance stuff, and it exposed me to what the whole world of art dealers and the art market was about.
What is it about a work of art, even when it is bought and sold in the market, that makes us distinguish it from . . . pure commodities? A work of art is a gift, not a commodity. . . works of art exist simultaneously in two “economies”, a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.
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