If the economic catastrophe is going to destroy “young British art” and its still-younger successors, how come artists are so pleased about it? The mood among artists appears to be one of frenzied revolutionary excitement, gloating at the “end of capitalism” and excited about the opportunities it offers. Most new British art now is roughshod, and sees itself as oppositional. A generation of lo-fi subversives may finally have found something to be lo-fi and subversive about.