Steve Miller: The Whole Music Industry Is Fuckin' Gangsters and Crooks

Re:Steve Miller: The Whole Music Industry Is Fuckin' Gangste... by ssalazar on Tuesday April 12, 2016 @05:38PM (#11483801)

> we need to invest in the intellectual property that artists make, not the artists themselves

At first approximation, this sounds like a worse scenario for the artist.

> Why should we do that? Because it works and its a foundational element of a market economy.

Modern finance has already created a model where music artists are beholden to financiers and middlemen. How and why do you expect this to turn out differently?

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Re:Steve Miller: The Whole Music Industry Is Fuckin' Gangste... by williamcotton on Tuesday April 12, 2016 @08:48PM (#11484856)

Tyler Cowen wrote an entire book that answers your questions. It is called "In Praise of Commercial Culture".

http://www.amazon.com/Praise-Commercial-Culture-Tyler-Cowen/...

I expect it to turn out differently because the legal and accounting costs for future digital contracts will drop drastically.

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