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Biennials are out, freeports are in. The one percent loves storage solutions that allow them to squirrel away art without the burden of taxation. The best artworks are coming soon to a freeport near you, but you won’t be allowed to see them unless you can wheel and deal or pay to play. By Kenny Schachter

“People collect wine they never drink, cars they don’t drive, diamonds and gold that doesn’t end up in jewellery, houses they don’t live in, and art that doesn’t hang. It’s a first-world problem, the way we conspicuously consume so much stuff that it’s hard even to keep track. When it comes to art, anyone who collects in a serious fashion suffers from an affliction that amounts to an incurable disease.”

 

– This text appears in Spike #61. You can buy it in our online shop –