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Art after money

Banksy’s prank on the art market rhymes with our common struggle against financialization’s shredding of society.

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Max Haiven.jpg
Max Haiven.jpg

28th installment from Banksy's "Better Out Than In" October 2013 New York City residency. Credit: Flickr/Scott Lynch via Wikimedia Commons. CC BY-SA 2.0

Banksy’s latest art prank, in which one of his iconic works shredded itself after being won at auction, has enthused many of us who have been following the depravities of the art world for some time. The artist’s antagonism towards the elites who buy and sell contemporary art is well known, and this stunt comes almost a year after the world record was set for the auction sale of Salvador Mundi, allegedly by Leonardo Da Vinci, for a jaw-dropping $450,312,500 - sold by a notorious Russian oligarch to a member of the Saudi Royal Family.