Is 2005 the start of a new era in art? “We don’t have art movements any more, for one thing. We have market movements. In the place of successive modernist and post-modernist esthetic revolutions — now decades in the past — we have fads and collector enthusiasms, things like Japanese anime, Chinese photography and the new Leipzig painters. Such developments are symptoms of a fallow, second- and third-generation period, and at the same time indicate new levels of competition in the continuously expanding, robust international art market.”