Thank you, 60 Minutes, for making this episode publicly available!!

"He's a minimal artist" "I would say so." Dead, I'm dead 🙃🤣

"Art Speak" is such a good way to explain what they say to convince buyers to buy.

The problem is because wealthy and connected collectors buy these works, the artists ends up being considered “important” and we, the general public end up having their art shoved down our throats at museums, public spaces, popular culture, media and the such. Then you’ve got people thinking that because it’s so expensive it must be good.

“... he has reduced painting to its very essence, and a lot of people don’t understand that.” - as an artist I do not consider that ‘art.’ It’s a piece someone thought to long about and came up with nothing but a mirage of long words.

60 Minutes is great !! **I was in my 20's when this story first aired and I simply shook my head & rolled my eyes. I'm in my 50's now though, and still havent changed my opinion !!

It’s the perfect art for our vacuous times: all marketing sizzle, no substance.

"An artist is somebody who calls himself an artist, and there are no other tests." Well, then, that's the last standard/test to be eliminated. Soon, an artist will be somebody who refuses to call himself an artist, and who rejects the very concept of art.

Bless everyone at 60 Minutes and whoever's responsible for putting this video on KZfaq. It's important that we can see when the emperor has no clothes. I'm dismayed (and saddened) that "art" still sells for tens of millions of dollars when people go to sleep hungry.

They don't sell good art but sell you a story instead

okay the flower puppy was cute though

This is relentless! OMG, I promise I am giving this as an audible story to my middle school 7th/8th grade art education students. They really do not like to read. Maybe because some cannot read, some can read but cannot comprehend, while others just do not care. As a teacher we are constantly hounded on teaching in various styles or techniques. So, I give full articles at times, I give audibles at other times, I read the story aloud, or I supply a visual audible/video as this one here. In either case it shows I am flexible and trying my best to accomodate all learners and students with IEP's. Nonetheless, I want my art education students to know reading, comprehending, critically thinking as well as interpreting the meaning behind the material is important. I will not let them go without reading and writing in art. My art class encompasses all things in art. PERIOD!

If there is ever a need for "Where are they and Where is it now ?"

“Making money is art. And working is art. And good business is the best art.” ― Andy Warhol

at one od these art fairs the janitors threw some od it away cause they thought it was trash lol

If the Mona Lisa was by an unknown artist it would no doubt be worth a fraction of its current value, but it would still be a very desirable work of art and would command a hefty price. If an unsinged spidery drawing by Tracy Emin and 3 paper mache urinals turned up for sale at an auction, would they get a single bid?

if people want to buy stupid stuff its their own fault.

Besides being a not so subtle money laundering operation, this "art" also accomplishes their goal of societal degeneration and demoralization. I wonder who could be behind this?

I had to come here after Anderson Cooper’s interview with Koons this evening to regain a semblance of sanity.

The face of Mr. Safer sometimes is really a poem!!! :D I understood some of the art, other nop, the white rectangule, was the moment of lack of inspiration perhaps... but it could be art? or not? :D

This pre-dates the Young British Artists (YBAs) who took the art world by storm in the mid-1990s - and made Damien Hirst the wealthiest fine artist in the world.

I admittedly don’t understand some modern works of art, but this segment didn’t do justice to the “candy” installation, which consists of a pile of candies weighing approximately 175lb, representing the weight of the artist’s partner (who succumbed to AIDS in the 1980s) when he was healthy. So, when people take away a piece of candy, it represents the decimation of the disease on the human body as it withers to nothing.

The language is hilarious!

I have some art in my toilet! Somebody better buy it before I flush it!

Wow. Listen to these people trying to sound so conceptual and intelligent. Literally anyone could get a vacuum cleaner and set it up like that, and yet it was revered.

This is just more proof that theirs a lot of people "with more money than brains". I can think of a lot better art, and a lot better ways to spend the insane amounts of money. Thanks.

If beauty is in the eye of the beholder, then the beholder needs to see an optometrist immediately.

Koons is a con

This Safer rant is so tired but people still love it. And repeat it. The super-rich float around the world in luxury mega-yachts followed by huge ships full of their toys (the toys, which include cars, helicopters, and submarines would be tacky to keep on their luxury mega-yachts) and the average American adult spends about 2000 hours a year watching TV and other video. Why is it only the dollars and time spent on modern art that raises such ire or is described as coming at the expense of the poor? Most modern artists do art because they are driven to do it, and they fall far short of making a living. The wealthy bidding on art at Sotheby's are there because they love the art OR they want to demonstrate their wealth to other rich people by spending incredible sums on something that has no obvious function. None of this is new or unique to modern art. Tax the rich properly and the prices will come down to earth. Do I begrudge the handful of artists who make a good living? Are they creating less value than a similarly compensated pop star, sports hero, or stock broker? Like the pop star and sports hero they have somehow distinguished themselves from hordes of others who have aspired to succeed in their field. (No matter how you got rich, by luck, smarts, or inheritance, your tax rate is too low.) www.businessinsider.com/luxury-yacht-garcon-support-photos-2014-2 techcrunch.com/2018/07/31/u-s-adults-now-spend-nearly-6-hours-per-day-watching-video/

As with anything , people have an idea of what something should be, and when that idea is challenged in any way, they do their best to dismiss it. You see this especially in music and art. The funny part is when they get folks that say, "I can do that or my kid can do that", yet they spend more time criticizing than creating.

I really regret throwing away the tarps we laid down during painting last year. we had black tarp to catch the white wall paint and the blue trim. It was full of little drips and smears, probably worth half a million pounds.

View... "blurred lines... 2017 art market" on youtube. It explains the rolling foolishness of high end art world. "We need More of Product"

Much-needed dose of perspective and sense.

25 years later "Koons", is more prevalent then ever. Hilton Kramer, "he dead", and forgotten, that is the way of the art world. I watch this video every now and then, to humble me and not take the easy way out to fame.

The only word for this kind of art is "obscene".

Selling people there own egos 😂

People buy art as an investment. What your looking at is no different then people buying stocks.

I couldn't agree more.

Looks like high quality money laundering to me :D

"You know what's happening!? We're partying,like you!"- Gimme Shelter!

I think the people that buy modern art and contemporary art are polar opposite of the people who make them.

Art is something you want to experience again and again. So, not this visual noise.

,Art speak like political speak is the uttering of nonsensical stagnation. In retrospect, it's little wonder that I fell asleep in art history.

When investment professional do this they get charged and convicted of fraud.

Basquiat was a genius not only for his appeal to the intellectual but for his simplistic and direct approach to language and technique. The symbolism of placing vague crowns next to the written names of heroic figures in black culture is something anyone can grasp.

I guess Morley was wrong... some of this stuff IS aging well. A Jean-Michel Basquiat painting similar to the one at 9:49 in this story sold at auction in 2017 for $110 million.

Eschatological is not pronounced “eh-SKAT-ological” albeit some critics do pronounce Schnabels art as scatological.

I only wish I'd bought some of these works back then ....you won't find a Twombly or Koons for under $10 million now.

they should put a sin tax on modern art sales

Brian Sewell is a Savage! Totally agree with everything he said. Absolute rubbish not art at all. This is an insult to real art.

How do people with a spare $170,000 to blow on a piece of "art" make the $170,000 in the first place? Well, they surely are economically talented individuals aren't they! Let's give them a tax break so they can buy 3 urinals. Trickle down economics ... literally.

His throat is burned out from all the cigarettes

All these works are worth 10 fold now

So disrespectful to Jean Michel.. His career was saved by dying. We get that Morley didn't like modern art, but jeez

Que lástima que personas con tanto dinero lo gasten en algo tan superfluo.

have you heard of "investment speak" ?

Money laundering at it's finest

I call it.................Untitled.

lollollol

If you really analyze classical paintings, you'd be able to find multiple stories, multiple meanings and multiple detail. Now you get the phrase you'd tell your home visitors to sound cool when you present the piece.

Dayan! Me and my two girls are going to be RRRRRICH! 4 giant turds, courtesy of my girls, floating in a fish tank! Foevever and ever and ever and ever and ever ♾️😂😂😂😂

utter pretentious drivel

PT Barnum was right!

The art world is superficially fake, if that make sense.

What are ten facts in this video

Hilarious

Anyone who calls this pretentious garbage "heroic" should be sent to the trenches of war.

Urinal is art😂😂😂😂😂😂😂

Money-laundering.

Money Laundering

This is not art !

The most pretentious person in the entire video is Brian Sewell.

Goofy vid

Art is in the eyes of the beholder. There are a lot of simpletons out there that do no SEE that it is art. It shows ones lack of exposure to modern art can cripple your mind and expose your ignorance.

Art as object, readymade. Conceptual art as defined by Duchamp. Anything can be art. This idea is 100 years old. Read a book. Duchamp biggest artist of 20th century, not Picasso.