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There is a lot of value in reducing risk, variance and up-front costs for artists. Enough value that, to somebody barely scraping by, it makes the difference between a show/exhibition/etc being doable and not.

It also changes the distribution. I'd say it's a net positive if a bunch of artists get enough money to live on their art rather than the vast majority not making enough and a tiny fraction making the most. It's just a matter of correcting for structural factors that otherwise push towards an exponential distribution of income.



> It's just a matter of correcting for structural factors that otherwise push towards an exponential distribution of income.

Why is this a thing that needs "correcting" in any field, and why anyone would start with art, a thing my children can do with their fingers and some paint?




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