How the Fine Art Market is a Scam

Robert Hughes vs. Alberto Mugrabi - link to the video is found below in my text.

Good news, aspiring artists! The world of fine art is manipulated financially AND extremely exclusive!

I've been saying this for decades - and: EVERYBODY KNOWS - but .... can it change? NO! Any change would devalue what is in their vaults, make it all worthless. The artworld is a animated corpse kept alive by criminal elements.
EVERYBODY KNOWS .......

.... but who am I to comment?
but someone like the late Robert Hughes should be taken seriously -
and in his time he took down Alberto Mugrabi a notch or two. Loved what he said to him about Andy Warhol: " .... the stupidest person I ever met, he has nothing to say". About Damien Hirst, the darling of the Oligarchs, back in 2008: https://www.theguardian.com/artanddesign/2008/sep/07/damienhirst.art - and now consider this, almost 10 years after he said it:
https://hyperallergic.com/391158/damien-hirst-treasures-from-the-wreck-of-the-unbelievable-venice-punta-della-dogana-palazzo-grassi/

Robert Hughes and Alberto Mugrabi - the video in this article on Live Leak had been on YouTube, but was deleted because of copyright claim by BBC. https://www.liveleak.com/view?i=5bb_1344535524 - I had downloaded it and it is in my video collection.

Or consider this, Morley Safer about Art Basel in 2012: