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Once you get past security, food and shelter, the question of what counts as "essential" gets really ambiguous, really fast. Almost everything can be traded off, so almost nothing is "safe" in any fixed order.
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How is the art world doing? On the one hand, it is everybody's default idea of non-essential stuff that can/should be cut in a crisis. Otoh, art is often close to money/power (cf Kennedy center) and particularly friendly to going highly virtual to survive artnews.com/art-news/news/
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What gets saved and what gets sacrificed goes from being a function of perceived "essentialness" to being a function of closeness to money and power.
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