Art has a larger audience today than ever before, and it is stuck in its most profound crisis. The concentration of buying power in ever-fewer hands is leading to a concentration of power like that once seen in Hollywood. What will art be in the future?
It was not so long ago that a revolutionary idea changed the face of culture and museum collections. Art’s relationship to individuals and power meant that its structure had long relied on private patronage – in Europe this was dominated on one hand by the wealthy noble families who could