What has happened is that aesthetic production today has become
integrated into commodity production generally: the frantic economic
urgency of producing fresh waves of ever more novel-seeming goods
(from clothing to airplanes), at ever greater rates of turnover, now
assigns an increasingly essential structural function and position to
aesthetic innovation and experimentation. Such economic necessities
then find recognition in the institutional support of all kinds available
for the newer art, from foundations and grants to museums and other
forms of patronage.

Jameson, Postmodern, NLR