Is abstract or modern art really art?

Question:

Is abstract or modern art really art?

I dont understand, what am I missing, from what ive seen this so called modern art is a pile of cr@p.Who decides what should become art, If I was to blob and smear paint on a canvas would it be art? if not why not, what makes it any different from things you might see in the Tate modern? Dont get my wrong I just want to understand, I love Monet and Van gough they have great style, but at least you can tell what its supposed to be.

Best Answer - Chosen by Asker:

No, most of it is not art.

critics hide being stupid statements of support , hinting that the rest of us are wrong and they know exactly what they are talking about. If they have to explain the interpretation or thought behind it, then to me it doesn't stand up by itself. Maybe the "process of creating it" was art. But the finsihed item, not its just a piece fo tat

If someone is willig to sponser it, or pay for it, that doesn't make it art. Thats saying that only those with money can decide what is art. Clearly rubbish

All pretentious rubbish by people who don't know what a fine piece of artwork is.

Its a case of the emporers new clothes.

I have a plate on my desk with crumbs of a plum cake on it. Its called "The remains of Summer", wanna buy it ?