Saltz: Art Auction As Slave Market

Jerry Saltz isn’t a fan of art auctions: “Contemporary art auctions are bizarre combinations of slave market, trading floor, theater, and brothel. They are rarefied entertainments where speculation, spin, and trophy hunting merge as an insular caste enacts a highly structured ritual in which the codes of consumption and peerage are manipulated in plain sight. Everyone says auctions are about “quality.” In fact, auctions are altars to the disconnect between the inner life of art and the outer life of consumption, places where artists are cut off from their art. Auctions have nothing to do with quality.”