I am not sure it is complete nonsense. But writing about all arts as a single entity is confusing. Even the art market itself is not a single industry. There is

I am not sure it is complete nonsense. But writing about all arts as a single entity is confusing. Even the art market itself is not a single industry. There is no satisfying definition of art. Is TV commercial art? In some cases, it may well be. Is the film industry only producing works of arts? Far from it. Why should starving artists starve if "arts" are doing so well? It must be because they don't do the kind of "art" that contributes so much to the economy.