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by klodolph
4739 days ago
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> And not one of the content creators has an inherent 'right' to make a profit from their work. Agreed. > The market decides winners and losers, and inevitably in this market it's going to be mostly losers. But the problem is that royalty rates are decided by law, rather than by negotiation between interested parties. This isn't a market economy, this is a planned economy. |
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Those are the breaks. Copyright itself isn't a market economy, it's a "temporary" monopoly that's granted by the people and it comes with stipulations. The royalty rates perhaps aren't what the content creators would like them to be, but complaining about that when the term lengths for copyright are so outrageously generous just smacks of greed. For most working people, you get paid for your work once, and not for the rest of your life plus an additional 70 years.