An artwork by Banksy shredded itself after selling for $1.3M at Sotheby’s
Not referring to this specific exhibit but other pieces by a similar artist. Thousands of people can create this kind of paintings for cheap. That it still sells for more than what many people can make in a decade or a career means a stratospheric concentration of wealth in society or a bubble in the commercial art world.<p>If there is real scarcity because of climate change or other widespread disaster, how much can a piece of this ‘quality’ be sold for? A loaf of bread, or less?<p>That millions of children still starve but a piece of simplistic art is worth more than the value of food a whole village consumes in a decade is a sorry effect of the financial system we use or the way our society assigns ‘coolness’ score to people and activity.