READER LEONARD BULLOCK IS NOT HAPPY WITH MY VIEW ON SHOW OFF COLLECTORS SUCH AS THE RUBELLS OR THE HORSTS. THIS IS WHAT LEONARD HAS TO SAY:
‘Responding to “Anti-Ethical”, Rodrigo’s comments above I wanted to say that I find this absurdly overheated, calling the Hort’s anti-ethical. In the art we don’t sell shares, in the strict sense. Comparing the art world traditions of doing business to Wall Street is a mixed metaphor which struggling with ones gray matter. It might be terribly misleading to those who don’t recognize the ways in which these two fields are vastly different.
The Art market at its base has more to do with the bazar than it does with a stock market, and word of mouth is intangible, symbolic currency.
But the Hort family and the Rubells develop markets for young artists who have none. Sometimes they revive careers for older artists who have fallen off the radar screen.
To call the rumors, and expectation created by one of the Horts’ evening invitations where they display the work of an artist they’ve purchased anti-ethical is laughable. These people created the “insider trading” by their advocacy, remember. This position reveals an intrinsic misunderstanding of the way the art market works.
These collectors who make movement for artists where there is none play a vital role. We need them! Before you embarrass yourself with this post, Rodrigo, I suggest you take it down and reflect upon the distinctions implicit between the two fields upon which your analogy has been drawn.
Leonard Bullock Basel, CH’