Warhol's Factory Changed The Art World, And The Art World Changed Warhol's Factory Art Right Back
"Postmodernism in the arts repudiated many of the basic teachings of modernism: the myth of individual genius, for example, and the concept of originality. Yet arts institutions continued to operate throughout the postmodern period, and do so right up to the present moment, as though that critique never happened. Museums, foundations, government endowments, and university art departments all effortlessly absorbed a movement which was more or less devoted to destroying their conception of the arts."
The New York Times 06/19/13