Art has made a lot of shifts within the last forty years, but of all the things that have affected art, money seems to be the one that jarringly stood out. The arrival of money has had serious consequences to the art world.
Money has helped art in some ways, as artists need money to have more time to do art. This way they don't have to take up second jobs in order to pay the bills. Also museums need money to do adventurous shows they otherwise might not be able to do.
But money has had a lot of serious consequences to hurt art. Artists, especially young ones, can be tempted to do art they judge will sell, rather than what they would create if money were not in the equation. Many galleries seem to lack a vision other than what will produce a sell-out show. Museums need money and many have a blockbuster agenda-there is a merging of art and entertainment. Artists also watch the galleries and museums for what is popular- and saleable. Finally, students decide to become artists because of quick money and social mobility.
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