Art can be measured in three ways: Aesthetically, Financially, and Critically.
IMO Aesthetic success is determined by the unity of Aristotelian "Form" (the intent/purpose/soul of a piece as envisioned by YOU, the artist) and the "Matter" of the artwork (the piece's actual appearance and structure).
I call this, "the outside matching the inside". It's when a piece comes out exactly as you wanted it to, it is as it was meant to be.
Now... the Financial success of any artwork will depend on the "art market," that is, whatever the whims of the buyers are.
But I think that if the "art market" doesn't appreciate your work, so be it. There are plenty of fish in the sea. This means that not only do you have plenty more ideas, but there are plenty of people who would appreciate your art for what it is anyway, and buy it. Every piece has an audience... and believe it or not, that audience is determined by you, and what you, the artist, want to communicate.
Art is a form of communication, always has been and always will be.
A Critical success in art is measured by how well your artwork conveyed the message it was meant to convey to the audience that you meant to convey your message to.
If a piece sells very well on the art market, but does not reach its intended audience or communicate its message. It is a critical failure. A piece that fails critically is a MEANINGLESS piece.
If your piece somehow does not find a way to reach anybody on the "art market," it would be a financial failure. However, that doesn't mean it is Worthless. While price is decided by buyers, there is an inherent (non-negotiable) cost-value in everything that is created. So, an unprofitable piece is not "Worth-less," but "Price-less" (or in-valuable).
If one was to create an artwork that is unbalanced when it comes to "Form" (idea) and "Matter" (physical piece), then you have an Aesthetic Failure. This is an Ugly piece.
For example, one could make an artwork that existed solely to please a buyer's eyes with technical beauty, but it doesn't communicate anything. This would be having too much Matter and not enough Ideas. Another example of this would be a Jackson Pollock "drip-dry method" painting, or the scribbles of a very small child, which exist only for the sake of the matter/materials (paint/crayon). These artworks lack Aristotelian Form... which means they lack SOUL. They lack points/reasons to exist, so they are POINTLESS... and therefore, IMO they are the closest to "worthless" out of all these aforementioned artistic failures.
Also, an artwork where the actual material appearance of the piece does not begin to match the creator's intent is both critically bad and (somewhat) aesthetically ugly.
Still, there is an artwork that is even worse. Imagine that a person comes up with a brilliant idea, an epic vision; yet they lack (or believe they lack) the technical skill to realize their intentions... And so they refuse to create the artwork until they are "good enough." The person trains and practices for years until they accomplish... Nothing. They just don't ever make the art piece.
This is not a critical failure, because they technically didn't fail at realizing their goal... they didn't even try.
This is not a financial failure, because they got what they deserved for their work... they got nothing for nothing.
Yet this is a huge aesthetic failure... to have a lot of point, and reason, and need to exist... but nothing becomes of it.
It goes beyond being ineffective (critical failure) to being totally unavailing. It goes beyond cheap (financial failure) to being outright stingy, not even paying the effort to produce. And what could have been at least an attempt at capturing/communicating the sublime is quashed before it began... Aesthetic DEATH.
So you see, the truth is that the only kind of art that is truly "Worthless" is the kind of art that doesn't exist.















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