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by AnthonyMouse
11 days ago
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> People do care about income streams for their descendants or charitable organizations etc. So it’s not completely ineffective. It is once you make it to the other side of the marginal utility of a dollar. Suppose you write a popular work in your 20s. You make plenty from it, and then people keep buying it. As long as they do, why spend your time creating new works when you can drink whiskey or play video games or live in a cabana on a beach? As long as the copyright doesn't expire, you have all the money you need and thereby value having more time over having more money. When it doesn't expire for 70 years after your death, so do your kids. Whereas if it would expire after 14 years and you want to provide for your kids (never mind that they should maybe make a contribution of their own) then to do it you would have to keep making new works. |
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Why can e.g. programmers profit from their specialism and then have early retirement, but e.g. popular singers or authors not do the same if they wanted? Why shouldn't they be allowed to continue to make money from the original work they've created that nobody else could / did? Why should a programmer be allowed to leave a huge legacy to their children in the form of vested stocks, but artists not be allowed to in the form of continuing royalties?
Creating works of art that people want is as much of a specialised skill as e.g. programming, but the payoff doesn't come as a large monthly paycheque, but as a small amount on each copy sold that you hope to recoup by selling more volume over time.