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Ethics Debate

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Submitted By wilsonm
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- On Ethics, Is Art Market Worse Than Stock Market?
The debate ensues as to whether the art market is more unethical than the stock market. Those that have the opinion that the art market is indeed less ethical believe it is caused by the lack of regulation, the lack of transparency and the lack of barriers to enter. They feel that the art market is a financial market and believe this because galleries and dealers advertise it. Therefore, it is a business. Artists enter the market for different reasons than dealers do. Its uniqueness makes it difficult to regulate. They also point out that “rings” are created to promote an artist with the intent to drive up the price for a particular artists’ work. Those with the opposite opinion believe that art market is not a business; it is the making of art. The value and reward is much more than monetary. The value is emotional and intellectual as well. They believe that an artist is not in it for monetary reward. They also point out that art is not a peer commodity.
Each side expressed their claim and stance on the issue. I do not feel that one side was more convincing than the other was. I am a numbers person and may have been persuaded if either side had presented more statistical evidence.
Managers can use argumentation strategy on a daily basis in order to persuade a co-worker, direct report, or boss to his point of

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