Is the Art Market a Scam?
IS THE ART MARKET A SCAM? On this particular question, I would like to begin my reaction by looking at the current situation of the art market here in the Philippines. As I’ve mentioned earlier in this paper, more often than not, artists are being somewhat exploited when it comes to the major art markets because of the influences behind the pricing and exhibitions, etc. For the longest time, we think of the art market as elitist in so many ways. It has been dubbed as exclusive and snobbish - and up until now, that is very true. Fine art is always expensive, thus, the market is also the elite, on the contrary, the artists who are making these art pieces usually belong to the general class; the masses. They are not born rich and as the report stated, only a few of these artists make it to the top. One should have a good connection with a person who has already saturated the market for him or her to be endorsed or to gain more traction and to be able to connect with the right clients or c...