Saturday, June 16, 2012
A Thing of Beauty is a Joy Forever
William O. Beeman Comment in The New York Times Magazine, 17 June 2012
Commenting on June 12, 2012 Issue article by Adam Davidson on the Contemporary Art Market and the astronomical prices being paid today.
When art becomes primarily an object to be bought and sold at market value, the entire purpose of artistic expression is sullied. It certainly is true that “a thing of beauty is a joy forever,” but these vulgar “collectors” buying art in the hope that it will “pay off” in appreciated value take all the joy out of it. If crass commercialism is unavoidable, at the very least artists should be able to avoid being exploited by the market. I would be in favor of a royalty system whereby the artist and her heirs share in the resale of her artistic works.
WILLIAM O. BEEMAN, Minneapolis, posted on nytimes.com