Art market and How does it influence the production of contemporary Essay

Art commercialize and How does it influence the production of contemporary art - Essay practiceThe essay Art mart and How does it influence the production of contemporary art discusses what influence has art market on the production of contemporary art. Art therefore has always had something to do with financial compensation, as Colin panther has pointed out. Serious arts criticality is....both economic and ideological. What sustains its specific character and kindly value is its semipolitical economy. The serious art world is at core an argument about value. It is an argument about aesthetic, moral, social and political or whatever value but it is also, and indissolubly, an argument about financial value. The art market then, deals with the buying and selling of art and has its set of players just as in any area of commerce. Tyler Cowen capably interprets art in its economic aspects. Art markets consist of artists, consumers, and middlemen, or distributors. Artists work to ach ieve self-fulfillment, fame, and niches. The complex motivations tin artistic creation allow love of the beautiful, love of money, love of fame, personal arrogance, and inner compulsions. ..Consumers and patrons stand as the artists silent partners..... consumer and patron demands for artworks finance the market....Distributors bring together producer and consumer......The resultant run into of supply and demand fuels the creative drive and disseminates its results. ...Creators respond to both internal and external forces. Internal forces include the artists love of creating, demands for money and fame.