The downfall of the industry seems to actually be good for art. I think the industry will find their way once the focus shifts from its greed-based origins downsizes and begins to support creative visions that speak to our times and shifting ideals.
The United States is at a critical juncture in time. Our government is riddled with historic debt and the limited resources of philanthropic and non-profit efforts cannot meet the scale of social challenges we face with necessary force.