Failing that, his fallback position seems to be that the ACE should give up its dubious role in the visual arts, as well as most of its major clients. He would also like to see some charges reinstated for museum and gallery admissions.
His clincher paragraph is one to savour:
Fund the bottom, not the top. De-accession the superfluous, irrelevant and weak. Impose, for a quinquennium, either entry charges or a culture tax on foreign visitors. And suggest to the millionaire artists whose reputations have been established at public expense by the Arts and British Councils, for the equal benefit of their even richer dealers, that this is payback time, time for the Gormleys and Kapoors to offer a little sponsorship of their own, time for the White Cubes and Victoria Miros to stump up the odd half-million when their pets are exhibited in public galleries. Their empty protests against the cuts seem pretty hollow.
Read the whole essay here.