IMO...I don’t think you’re alone in feeling puzzled by how The Market works. Maybe we don’t need to concern ourselves too much about it because it has nothing to do with us “regular artists.” And it never will. Nor should it. It’s just some kind of rich person bubble of trading and commodities and collection and prestige and influence or whatever, which remains strange and inaccessible to 95% of the rest of the world. And I also think it’s probably “the middlemen” (like gallery dealers) who are the ones that deliver the artist to the buyer. Therefore, I personally don’t begrudge The Artist any “fame and fortune” that comes their way.
But back to Twombly...we can read that he received a “good” art education so can assume he was serious about this as a career. He travelled all over the world and lived abroad, so can assume those experiences deepened his work. He also worked in NYC and was close friends with Robert Rauschenberg and Jasper Johns and so can assume he was certainly in the right place at the right time with the right people. In other (dumber) words, his success didn’t come willy nilly and out of the blue.
In fact, he was a cryptologist in the Army and if you read about
THAT, then maybe his work makes more sense. Or does it?? Hmmmm. He cites it as a big influence and so I wonder if he enjoyed it, or hated it, or what about it captured his attention. Apparently, it was difficult and repetitive work, intersects the disciplines of mathematical theory and computer science, with systems of algorithms and all these other things that I don’t understand and made me stop reading. And apparently, there’s an “art” to encryption...which is taking a readable state and turning it into apparent nonsense. I assume he must have had some thoughts and ideas about inaccessibility, decoding, secrets, communications, etc. and apparently....it IS ancient.
So then...how would we (should we, could we) if that was part of our own experience, make art about something like THAT? And why not?