Lewis Diuguid

November 13, 2013

Auction of painting for $142 million points to wealth disparity

It seems unimaginable that anyone would pay more than $142 million for anything, let alone a painting, but that’s when a 1969 Francis Bacon painting became the most expensive piece ever sold at auction. The excessive bids underscore the profane inequity of wealth that exists in the United States and the world.

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