Hardcore capitalist's views on abundance, scarcity and the RIAA
From Tim Oren's blog:
The RIAA and the destruction of value Quote:
He's a hard core capitalist, as he freely admits on his web page, saying, "I've got the word 'capitalist' in my job title, unreservedly support private property rights, and don't have ethical issues with the concept of intellectual property (some implementation details aside). I don't copy music I don't own, nor do I encourage others to do so." And yet on Due Diligence, his web page with thoughts and opinions on technology, venture investing, Silicon Valley, "life, the universe and everything," he admits, "I boycott the RIAA and take frequent opportunity to trash them publicly." |
well informed nu members can all become rich capitalists betting on the mistakes the riaa will make. by definition and almost without exception, if the riaa makes a decision it will be the wrong one. wrong for musicians, wrong for consumers and of particular irony, wrong for their own member companies (who are actually the ones doing the deciding here in the us). it's gotten so bad that the "other riaa's", the groups representing foriegn recording companies, are going out of thier way to reassure consumers they won't be behaving the same way, such as suing thier remaining customers. this is an important development in itself, as most of the recording conglomerates (universal, cbs, rca, capital-emi) are no longer owned by americans and it may - just may - represent the beginning of a turning point. good find, tg.:tu:
- js. |
interesting that he dislikes the riaa for giving capitalists a bad name...
or thats what it looks like anyway.. the actions of the lables are forcing people to start rethinking the music buying habits in other places in the world because of whats happening in the united states...listening to some of this guys advice might give them a chance to patch things up with music buying community.... im sure they could if they really tried, produce a product that will get people buying of the shelves again.. |
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