Fig 3. iPhone Drawing, 2009 …show more content…
Adorno and Horkheimer were some of the first scholars to study and critique the conditions of culture, they talk about how in our present society, culture has inevitably became commoditized and changed into a mere medium of ideological domination and a fundamental means by which the industrialist request itself was kept up.
Early twentieth century people realized that mass media was indeed increasing rapidly and hence they took the opportunity to develop an entertainment that is steered towards money making with regards to the production and distribution of cultural products. This essentially made it more acessible and reachable to people.
This is because in the past, cultural products were unevenly distributed and circulated amongst mainly the middle class people however with this new advancement of technology in our time, the production and circulation of cultural goods will now be determined by the monopolist control of the cultural industry for means of …show more content…
This book touches on the aspect of helping people to understand, digest, and art people tell them. Afterwhich, I went on to further define and analyse those characteristics and see if it impacts the value of the art work and desirability over the years. I have also address topics like the different ways to value art, liquidity of art, and have also looked into the relationship between art and money. Furthermore, a comparison of the various aspects of the art market avails me to evaluate certain types of equities in order to better understand how value, collectability, saleability, and significance of those art market segments fluctuate over