Postmodernists and elitists adore modern art because it supports all of their high-minded delusions. It's entirely subjective, and can be given meaning only by the person looking at it. As opposed to a landscape or a portrait, which has a meaning in and of itself because it portrays something real and intrinsically relatable. That's why ordinary people like traditional art; because it tells a story.

But the megalomaniacal elitists love the subjectivity of modern art because it is inherently nihilistic. It works the way they think the universe works: a formless, meaningless existence which can only be given meaning by them. And it makes them feel superior, to think that they're the only ones smart enough to understand that. It's never occurred to them that most people have actually thought about it and rejected it.