"Daniel Grant says that art and money are now so intertwined that price has come to substitute for quality. He goes on to say that the emphasis on sales coupled with a lack of any consensus about aesthetics or standards of taste has resulted in a new definition of art: Art is whatever someone puts down money for and says This is art. The corollary of this is that quality is identifiable only in terms of the sums spent. Jed Perl goes further to say that culture is now in retreat before the brute force of money."
http://unnaturallight.com/2011/12/19/its-all-about-the-money-or-is-it/
