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Added value Quote by Thomas Koerfer

“The art market does represent a sort of hyper-capitalism: it produces added value without any actual work being done.” quote by Thomas Koerfer
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“The art market does represent a sort of hyper-capitalism: it produces added value without any actual work being done.”

Thomas Koerfer

About This Quote

Source Article: Art Market Analysis, 2020

The art market exemplifies hyper‑capitalism by creating value without tangible labor, inflating prices artificially.

In simple terms: Art value created without real work.

Key Takeaway

Question the true worth of art.

Themes

economics art capitalism

Mood

analytical skeptical

Type

economic philosophical

When to use this quote

  • gallery sales
  • investment
  • collector behavior

Key Concepts

value creation speculation

Questions to Reflect On

  • What defines genuine artistic value?
  • How does speculation impact artists?
A Different Perspective

Art can still hold cultural significance beyond market price.

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