Does the high-end art market really help the broader art world?
Contemporary art auctions keep setting record prices, with pieces like Koons' 'Rabbit' selling for $91 million, yet public funding for art education keeps shrinking. I've worked in museums for over a decade, and I've seen how this gap affects curators who struggle to justify their budgets against flashy collector trends. Is the high-end art market actually helping the broader art world, or is it just a playground for the wealthy that distorts what we value?