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Culture War Roundup for the week of September 18, 2023

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I couldn't understand just exactly what was meant to be so wonderful about them, and the common reason seemed to be "they're not fungible", which left me where it found me.

Buying outrageously ugly ape for outrageous price, and reselling it to bigger fool shrewder crypto investor for even more outrageous price? Everything is wonderful about this plan, when it works as intended.

Yeah, it needs to be emphasized that the apes (and the lions, etc, but particularly the apes) were really some of the ugliest, most offputting "artwork" that's been hocked specifically as a good investment i've seen in some time. It flabbergasts me that the sheer ugliness of those things didn't immediately give the people "yeah, that's not going to appreciate in value expect in very short timelines" reaction.

I think there is some element of some people liking that.
Ex: I've always been put off by shows like Spongebob and Regular Show due to the almost grotesque art style they often delve into, similar to various of the NFTs. Of course they're better cartoons, but it shows that some people like that general style.

Following up on /u/MaiqTheTrue's point:

  • A tin of shit sold for €275,000 in 2016.
  • Andres Serrano's "artworks" (many of which involve bodily fluids in some way—using, for example, blood (sometimes menstrual blood), semen or human breast milk) routinely fetch anywhere from five to six figures. This includes "Piss Christ", a "photograph of a plastic crucifix submerged in a glass of the artist's own urine", which sold for a quarter-million in 1999 (half-million in today's money).
  • Damien Hirst's entire career.
  • "My Bed" (a "readymade installation, consisting of [artist Tracey Emin's] unmade dirty bed, in which she had spent several weeks drinking, smoking, eating, sleeping and having sexual intercourse while undergoing a period of severe emotional flux... The artwork featured used condoms and blood-stained underwear") fetched £2.5 million in 2014.

In modern art, artists making intentionally ugly, crass and disgusting work is no impediment to their making a pretty penny.

The difference here is that I can, if I wish, ignore all of that stuff and never see any of it apart from random glimpses of Piss Christ when someone chooses to have that debate again or perhaps one of Hirst's works (which are aesthetically generally more pleasing than the apes), whereas at the height of the NFT mania it was impossible to browse Twitter without seeing some ape avatar posting about whatever dumb shit.

True, although some of this stuff is more mainstream than you might think. Andres Serrano created the cover art for two Metallica albums, for example.

In defense of the apes, most modern art isn’t valuable because of its beauty, but rather because it’s made by someone famous in the art world. It’s not a new phenomenon. A guy can paint a canvas in a single color, and providing that he’s famous enough, people will spend thousands of dollars for a square canvas painted green.

Heck, add a stripe of a second colour and you're talking millions.