Has Frieze Frozen the Art World?

Those of us who attend the Frieze Art Fair in Regent’s Park every October are almost overwhelmed by the spectacle of it – the bright colours against the white background, the foreign languages, the fur coats and the beautiful people.  In the Financial Times on Saturday 23 October the suggestion was that the “hot air that ricochets around the art scene is staggering” and it is “everything to do with names and status and nothing to do with love of art”.

Is that true or is it simply that the author is confusing the people who visit Frieze with the art that is on show there?  And does it matter?  Isn’t that what art is all about?