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The Struggling Artist at 86

nytimes.com

51–60 of 66 posts

Re: The Struggling Artist at 86

#51
post #41

Reads more like a cautionary tale of what happens when you don't save for retirement than a story of a struggling artist

He's 86. Fifty years ago in 1958, when he was a young 26, prudent retirement planning was getting a good stable job with a pension. Forth years ago in 1968, when he was 36, prudent retirement planning was holding a stable job with a pension. 1978, he was 46 and prudence was still a pension. Even thirty years ago in 1988, it was the same for someone at 56. Now twenty years ago, when he was 66, new employees were typically being put in 401k plans rather than pensions, but in 1998 he was 66 and retirement age.

The world changed in ways that were not consistent with conventional retirement wisdom. Or to put it another way, people looked at the piles of money sitting in pensions and figured out a way to get their hands on it because that was their full time job. For what it's worth, there are people who spend all day everyday thinking about your retirement savings becoming their money because skating to where the conventional retirement wisdom for retirement is going is still a job people have.

For what it's worth, a lot of people who had retirement savings saw that money shrink by 40-60% in 2008-2009. There's no coming back from that even with ten years of 7% net growth, you're still behind inflation without drawing any of the capital and profits...and you're not going to get ten years of 7% net growth without extraordinary good luck.

Re: The Struggling Artist at 86

#52
post #6

Earlier quoted context omitted.

The idea that there is some One True Path to becoming an Artist (as if either path or role were a consequence of universal natural law) is myth-making at its most obtuse. Even a cursory glance at art history will show the heroic myth is anything but universal. There are tortured artists yet others who are at the peak of mental health. There are poor artists, rich ones, uncompromising artists, artists who'll sell thei…

As a corollary, is there no such thing as 'art'? Are you someone who would you say "anything can be art"?

I think that's a far harder question! And as it has (in the West alone) at least a 2500 year intellectual history behind it that I'm only very shallowly familiar with I don't give my own thoughts much credence.

But FWIW I'd try a distinction between Art (particular local social institutions, in our case hosting oil paintings, galleries, openings, etc) and art (a superset -- all human activities spawned by the apparently perennial drive that gave rise to Art, Burrup peninsula & Lascaux rock paintings, etc).

The former is obviously culturally-historically defined; it's not so much that Art is anything that any bozo calls 'Art', but rather it's whatever the culture comes to institutionally admit as Art. Along with this comes related culturally-specific legitimating myths (heroic artists, obedient servants of the proletariat, God-drunk poets, shamanic intermediaries, etc).

The latter however seems to be an H. sapiens species characteristic. In this much wider sense, 'art' would be anything created in response to the basic drive. Sometimes Art stagnates, or gets too academic, or complex, or appeals only to a shrinking elite, or otherwise loses relevance and needs re-invigorating from the vernacular (ie. the wider category of small-a art).

Yes and no, in other words ;)

Re: The Struggling Artist at 86

#53
post #18
post #2

Compare him to Picasso. Picasso never said "I had to pay the rent." He never considered earning money with anything other than painting. When he had no money he lived in friends' apartments. He faced and accepted poverty and hunger. Picasso did not compromise. Same with Van Gogh. Paintings on their own have no value. Buyers pay for the life story of the painters. The more heroic is your life the more expensive your p…

What’s the mythology of Thomas Kinkades life?

I love this example.

Kinkade is considered an 'outsider artist', which is a category an artist falls in when they are successful but not cool or young, like a celebrity.

The "artist's story" being discussed in most of these comments is more like a brand. If an artist is a brand, parent's comment is supported. If an artist is a commodity of skill and intellect, parent's comment is a farce. The same goes for if an artist is a celebrity. More and more every day, successful artists must be feasible celebrities.

The overlap of artist and celebrity marks something of an end to commercial Art's intellectual integrity, which is maintained only through symbolic links such as the insistence that artists have an MFA. This requirement came about following conceptualism. For example, Rothko, who the article's subject was shown beside in the 1950s, was a middle-aged philosopher with no art school experience and a miserable origin story, which did not matter then. Note a commitment to intellect did, which was not assumed when one partook in the dealings of Madison Ave.

Contemporary art critics would like you to confuse conceptualism with abstract expressionism. Don't do it. The artist in the article exemplifies the difference.

Conceptualism is popularly defined by an incomprehensible history and a host of needless exaggerations around what an art object is. A more likely history is that conceptualism is an opportunist side effect of abstract expressionism, which was a highly intellectual and honest project. Conceptualism asks what can be art?, which simultaneously allowed artists to become their art. This uncoincidentally occurred alongside an explosion of popular obsession with celebrity. To have a good artist story is to have a story worthy of celebrity fame, which is another topic entirely. The point here is that conceptualism is not, despite popular manipulation, a legitimate or interesting art movement. It is a flash-pan quasi-philosophical excuse for quasi-intellectualism in art. Conceptualism makes the celebrity nonsense quasi-reasonable, so it was adopted as the origin story for the current contemporary Art world as a whole, which depends on notions of celebrity to compete in such a commercial society.

Note Warhol stands out for having actively subsumed Madison Ave. with his intellect, not in place of it.

Re: The Struggling Artist at 86

#54
post #21
post #6

Earlier quoted context omitted.

The idea that there is some One True Path to becoming an Artist (as if either path or role were a consequence of universal natural law) is myth-making at its most obtuse. Even a cursory glance at art history will show the heroic myth is anything but universal. There are tortured artists yet others who are at the peak of mental health. There are poor artists, rich ones, uncompromising artists, artists who'll sell thei…

There is a huge difference between "all great artists did X" and "there is nothing particularly in common between all great artists". My intuition is telling me that the truth is definitely in the middle, and if there was some way to perform a "clustering" algorithm on artist's lives/work/legacy/commercial success we would see some clear patterns emerge around certain "archetypes" or "personas" of artists, and this g…

Fair enough, you're right that there would surely be patterns. But there's no advance reason to think these would line up with popular stereotypes. PCA & factor analysis often come up with highly unintuitive components! And unless the fit was spectacular, there'd be many 'great artists' falling outside of its net, so we'd just be falling back to judging the work, not the person's life.

Re: The Struggling Artist at 86

#55

Earlier quoted context omitted.

This seems close to assuming that financial value is ultimately the only value of art. That couldn't be further from the truth.

Ultimately it is. If nobody is willing to pay $10 for something, then its value is less than $10.

There are multiple definitions of "value" and not all are financial.

Re: The Struggling Artist at 86

#56
post #41

Reads more like a cautionary tale of what happens when you don't save for retirement than a story of a struggling artist

He's 86. Fifty years ago in 1958, when he was a young 26, prudent retirement planning was getting a good stable job with a pension. Forth years ago in 1968, when he was 36, prudent retirement planning was holding a stable job with a pension. 1978, he was 46 and prudence was still a pension. Even thirty years ago in 1988, it was the same for someone at 56. Now twenty years ago, when he was 66, new employees were typic…

> and you're not going to get ten years of 7% net growth without extraordinary good luck.

Typically, I would agree, however in the cited time period I would not. From the middle of 2009 to now the DJI is up 180%. Significantly more than the 7%.

From Peak 2007, that money is up 90% since 2007.

By simply holding and not selling broad index funds, you would have been fine.

Re: The Struggling Artist at 86

#57
post #4
post #2

Compare him to Picasso. Picasso never said "I had to pay the rent." He never considered earning money with anything other than painting. When he had no money he lived in friends' apartments. He faced and accepted poverty and hunger. Picasso did not compromise. Same with Van Gogh. Paintings on their own have no value. Buyers pay for the life story of the painters. The more heroic is your life the more expensive your p…

Your comment reminded me of story of Marco Pierre White before he became famous. https://www.youtube.com/watch?v=U-xCIstDBaI Uncompromising, relentless, with a lot of luck too (which he completely acknowledges in the video played a big part). But luck will only find you if you put yourself out there to be found, which White did.

Thanks for this link. I didn’t know who he was. I found his story inspirational. He says some chefs are artists. This may be true but there is a fundamental difference between a chef and a fine artist such as a painter. Chef’s product is useful. He has customers. There are well-defined standards for excellence such as the Michelin stars. But what an artist produces by definition is useless. Must be useless. Otherwise it will be denigrated as “not art but illustration,” or “decoration” or “commercial.” So the problem is to find a value system for something which is useless.

Re: The Struggling Artist at 86

#58

Earlier quoted context omitted.

Could you please define what a real artist is to you? Not trying to be snide but rather really curious. This is a question coming from an engineer that sometimes has to try to be a bit artistic (and failing catastrophically) on some of his works.

If I could duplicate the work in a weekend, it isn't real art :-)

i think your talking about “craft” not art. i dont think skill required to create is the big factor, i think its more about your choices. but i conceed that the line is blurred and there are counterexampled

Re: The Struggling Artist at 86

#59

Earlier quoted context omitted.

This seems close to assuming that financial value is ultimately the only value of art. That couldn't be further from the truth.

Ultimately it is. If nobody is willing to pay $10 for something, then its value is less than $10.

You don't seem to have heard of any value except monetary. (OK, maybe that's not fair/likely, but you sure talk like it.) I guess it's (just?) a confusion in the word 'value'.

The way you are talking of the value of art in money terms is.. well... People who love art don't talk like that. Do you speak of love, life, health etc in similar terms?

Oh anyway. It's pretty amazing to me to hear such views in person. I mean, scary, horrific, chilling. It only happened to me once in my life before this thread.

I think...you have been brainwashed to think that all value is (or can be put) in terms of money. Is it possible to be happy while thinking like that? ..There are a thousand things I could say to that, not sure where to start. (Unfortunately I've learnt quickly in my brief time here that discussion on HN with those of different views is very counterproductive. It has been so far anyway.)

Re: The Struggling Artist at 86

#60

Earlier quoted context omitted.

He's 86. Fifty years ago in 1958, when he was a young 26, prudent retirement planning was getting a good stable job with a pension. Forth years ago in 1968, when he was 36, prudent retirement planning was holding a stable job with a pension. 1978, he was 46 and prudence was still a pension. Even thirty years ago in 1988, it was the same for someone at 56. Now twenty years ago, when he was 66, new employees were typic…

> and you're not going to get ten years of 7% net growth without extraordinary good luck. Typically, I would agree, however in the cited time period I would not. From the middle of 2009 to now the DJI is up 180%. Significantly more than the 7%. From Peak 2007, that money is up 90% since 2007. By simply holding and not selling broad index funds, you would have been fine.

Unlike real portfolios, the Dow Jones Industrial Average gets to replace losers with winners. Dropped by the DJI since 2008 are:

+ Alitra, Honeywell for BOA and Chevron: Remember Honeywell?

+ AIG for Kraft Foods: AIG was worth close to $0 and Kraft was worth something and so the DJI went up because averaging in something is better than averaging in nothing.

+ Citigroup, GM for Cisco and Travelers: GM was at about $10 and getting bailed out by the government. Consumer spending was down for Citi. The internet was exploding and Travelers had cash reserves to invest in the down market.

+ Kraft for United Health Group. More money in fixing the problems that come from eating Cheez Whiz than selling it.

+ Alcoa, BOA, HP for Goldman Sachs, Nike, Visa. Remember HP?

+ ATT for Apple: Replacing the ~$50 ATT with the ~$500 Apple made the average go up. If you can swap out shares in your portfolio similarly, my advice is to do so.

The conventional advice is to play the market because the DJI is up. It doesn't explain how the DJI works and that you can't replicate its performance. And if you are retired, you have to live off the money and the size of your pile is shrinking not growing. The conventional advice comes from an industry that has no problem using your life savings for its own purposes.

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