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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Why People Don't Believe In Paying For Music. Hint: Its All About Deflation.

Interest post on Squawking Tech--proposes that because of natural (price) deflation,

"With the exception of land and human time, in all areas of society we have been conditioned to expect more for less over time. Yet until just a few years ago, the music industry was increasingly charging more, for the same product. And they were able to do this because copyright law gives them the ability to set prices like a legal monopoly. ... When people in aggregate are asked to pay far more than what they think something should cost, they start looking for alternatives. In this case, the alternative comes in the form of P2P technology."

Intriguing argument: that the failure of music to fall in price along with other technology-related goods is evidence of the pernicious effect of copyright.


Comments

I notice a large number of comments being posted lately that are of dubious relevance where they're posted. All seem related to the financial crisis and/or Obama's inauguration. Many are somewhat confused/confusing.
It was spam - ads for payday loans and related services. I've deleted it. From the modest quantity I suspect that it was done by a human being. If anyone spots more, could you drop me an email, so the comments don't get covered with a discussion of spam? Thanks.

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