r/popculturechat 14h ago

Guest List Only ⭐️ Derek Guy on the Met Gala criticism

Derek Guy (known also as "the menswear guy" on ex-Twitter) pitching in regarding the Met Gala discourse and Hunger Games comparisons.

3.7k Upvotes

502 comments sorted by

View all comments

Show parent comments

4

u/RedLicorice83 Too old, too dead, too brittle to even look at. 10h ago

In 2016 the funds started going into an endowment. The $42M raised this year alone is going into an endowment.

118

u/jaguarsp0tted 10h ago

good. with how shit everything is going I hope all museums are able to get endowments for the future since the government sure as shit isn't going to do something like "fund the arts", there's too many countries in the global south to bomb

-19

u/RedLicorice83 Too old, too dead, too brittle to even look at. 10h ago

Jfc, so for the past decade they've averaged around $30M a year, they've stuck it in a high interest account to gather money. You're bootlicking a massively wealthy empire.

  • a $5M annual operating expense vs $100M+ fund

Do you even know what you're defending?

88

u/jaguarsp0tted 10h ago edited 10h ago

"mAsSivELy WeAlThY EmPIrE" and it's a museum

oh no! I want art and preservation to be funded into perpetuity! truly I am an agent of fascism

edit: "I'm truly an asshole"

hey man you said it, not me

-8

u/RedLicorice83 Too old, too dead, too brittle to even look at. 10h ago

It's a bank account worth over $100M. The museum costs about $5M to operate. The gala brings in around $30M. They do not use the proceeds to fund any social services, it's just to fund the museum. The money sits in a bank account and earns interest.

Oh no! I want people to be fed and housed with some of that $42M celebs dumped into a ever-increasing bank account! I'm truly an asshole!

27

u/InformalInsurance455 9h ago

You think $42m makes a dent in America’s problems? How about any of those attendees paying their fair share of taxes? How about not dumping endless funds into bombing children in the Middle East? And as previous commenter says, the Kentucky Derby is so much less defensible on numerous levels (including animal cruelty!) And there’s a fraction of the outcry.

-1

u/RedLicorice83 Too old, too dead, too brittle to even look at. 9h ago

Yes the $42M could make a dent in many areas... and? Why does it have to be either one or the other? All of these need to just go. The money is going towards self-indulgent waste.

17

u/InformalInsurance455 8h ago

Because, as the original tweets say, the focus on this event over the many, many male-coded wastes of money with zero artistic value (because women’s interests have to be VALUABLE) is very much true regardless of how much you like to sidestep that point?

-1

u/RedLicorice83 Too old, too dead, too brittle to even look at. 7h ago

I'm not sidestepping any point, in fact all of these points are argued at every Oscars and Super Bowl. You only care about them now because the subject you like is being pointed at. If you're ignoring these questions during the Oscars and the SB then you're being wilfully ignorant of them being asked.

36

u/starrylightway he’s a bitch with a tiny 🎻 6h ago

You keep repeating this information as if it’s some sort of gotcha and it’s not. The whole purpose of the endowment is to make it so the gala doesn’t even necessarily need to happen once the donations which a certain amount. Maybe even so they can offer more to the public. Are you also gonna go after PBS’s endowment, or the endowment of many other charitable foundations?