Re:RIAA Insists That, Really, The Music Industry Is Collapsing
by AJ007 on Tuesday February 21, 2012 @02:35PM
(#3617739)
If lots of people are more than happy to do something for free, then just how important is it for those people to get paid to do that activity.
This isn't metal mining or oil drilling, making music is something humans do because they enjoy it. I would assume that 99% of music makers/creators/producers not only make no money from it, but pay money to do it. Thus, we could argue that when that 1% ceases to make money from the activity society, as a whole, is better off because that capital is now re-allocated somewhere else -- be it another leisure activity, healthcare, food, investment, etc.
This isn't metal mining or oil drilling, making music is something humans do because they enjoy it. I would assume that 99% of music makers/creators/producers not only make no money from it, but pay money to do it. Thus, we could argue that when that 1% ceases to make money from the activity society, as a whole, is better off because that capital is now re-allocated somewhere else -- be it another leisure activity, healthcare, food, investment, etc.