It took the Metropolitan Museum of Art nearly 50 years to wake up to Pablo Picasso. It didn't own one of his paintings until 1946 when Gertrude Stein bequeathed that indomitable quasi-Cubistic picture of herself – a portrait of the writer as a sumo Buddha – to the Met principally because she disliked the Museum of Modern Art.
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Appropriation is the idea that ate the art world. Go to any Chelsea gallery or international biennial and you'll find it. It's there in paintings of photographs photographs of advertising sculpture with ready-made objects videos using already-existing film.