Is the pursuit of both truly compatible?
Edit: This topic deserves more discussion than what is given below. I also didn't talk about the very important distinction between art and entertainment and how these two, especially in modern times, can get conflated. Now, where were we...
This is a philosophical question which has been on my mind for some years now and my argument is not a finished one by any stretch, so please bear with me. Art is about truth and beauty whereas money’s function is far more practical and less abstract or representative of reality. In brief, I view the pursuit of truth similar to the pursuit of art and thus not truly compatible with the pursuit of money as I will elaborate.
The purpose of art and the purpose of money (and thus, the pursuit of) are fundamentally opposed, in my opinion. The purpose of art is to create something beautiful and truthful, that speaks to a reality or existence of the human experience which transcends time. You can see (and feel) the difference between art created for the sake of art versus created in pursuit of money. Art is expressing something from within regardless of external validation or audience response, whereas in the pursuit of money the art becomes altered or manufactured in some sense and thus loses its real and higher purpose. One almost “controls” the art in order to guarantee making money from it. It ceases to be organic and becomes artificial.
I’m certainly not asking artists to create for free or reject the idea of earning money from their art, but one cannot predetermine what artworks will be well received and financial rewarded and what won’t be. If you do know it will sell well and you create for such reasons, then I’d say you are not really creating art. Although, as stated previously, financial considerations are not the end point of art.
The value of art is more than its nominal monetary amount. With the risk of waxing lyrical, true art does transcend how much you paid for it. And just how much should people pay for art? What should an artwork’s value be? These are good questions and who knows the answer, really.
And hence, we now arrive at the matter central to today’s post; the issues with monetising creative endeavours. The boon in technology has helped artists globally achieve some level of recognition and remuneration, but the overwhelming majority of artists still struggle financially. The need to create incessantly for financial reasons affects what you are creating; art doesn't come from a production line. Although, ask yourself this question: Would you live in a world without art? The answer, of course, is no.
Art is imperative to humanity. We’ve known this for eternity, it was one of the first things we ever really achieved as a species. Art is life sustaining; it gives life, it makes us feel alive and it keeps us going on living in spite of life. Why do you think that, despite being destitute, many people wouldn’t give up their art? Money can buy you bread, but man does not live by bread alone. Art hits you at the core of your being, something which money will never be able to do.
If you take the pursuit of art and the pursuit of money to their respective logical conclusions, you will have to sacrifice the art for the money. So, when you create art for the sake of pursuing money, you’re selling your soul short.