More News From The Art Bubble

Posted: April 6, 2019 in Uncategorized

This happens every ten years or so.

  1. Aralia Ward says:

    What an odd thing. I’ve heard similar stories about monkey artists who also create highly expensive paintings. My question is though, are Lola’s paintings so different from the average two year old? Or is she propelled to fame simply due to lucky connections her parents have? I bet there are tons of mad abstract painters with multiple degrees from excellent universities who have never reached Lola’s success and are even more confused by this.

    • As I suggested in the title to this post, the success of this emerging artist seems to be a sterling example of the art bubble we are in. Art is no longer a person vocation, but simply one more industry in which to pursue “success”; i.e., wealth and fame. Some may do it as artist, others as agents and curators. But we’re essentially responding art these days as other persons once responded to the prospect of finding gold or oil in California. Everyone is all in and it’s either get rich or go bust. More recently, we saw this sort of behavior in the dotcom bubble and bust. To my mind, the surest suggestion this young artist has no lasting worth – even if some of her color combinations are at times pretty – is that such art bears no relation to the important social issues and movements of the times – aside from the bubble itself. When we discussed the work of Pollock, it was clear that his work, even if he thought otherwise, was deeply connected to the most fundamental values and question of his day. This two-year-old’s art, in the other hand, seems to question nothing more than what uninformed persons are willing to buy, and at what price, when it is marketed to them by ‘experts’.

      • Aralia Ward says:

        This is an excellent way to to look at this two year old artist. In my opinion, while she indeed has no real grasp on the social issues of our day, I believe this two year old to me is an artist (I honestly think most children are though) because for me an artist just needs to have a love of art. It seems to be her parents, and society, not the two year old, are pushing her art to become something its is not. I definitively see the other view point though, that art need to be representative of the social issues of the artist’s time. I very strongly agree that while she may love art, her works will not stand the test of time as great and remain as a quick trend. I do feel sorry for the people who have paid such high prices for her art hoping to use it as an investment, as it seems her art will only decline in value. This should be a lesson to us all against vainly trying to use art as a get rich quick scheme. What seems ironic though, is that this two year old could care less and will probably be more happy when all the fuss over her art disappears and she is allowed to keep her beloved paintings and paint just for her own pleasure.

        • I tend to think most investors get just what they deserve. They should know better than to commit their life saving to Trump University, it paintings made by elephants, but they do so anyway because, for reasons Benjamin explains, modern media creates a ‘reality effect’ more seductive than actual reality. Suddenly, through the miracle of television, a blustering idiot now posseses invaluable secrets of deal making which he will divulge to you at a bargain price. It’s hard not to see the essential role mass media plays in making this typical toddler the ‘next big thing’.

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