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by easytiger 4278 days ago
I think people who are happy to acquiese to the music recording industry pleas for pity are failing to observe a simple and normal economic event wherein the value of what is being sold is not what it was 10 years. Industries change and then they die all the time. There is little novel about music anymore compared with the joy once brought in a less media entrenched time by the simple pleasures of buying and listening to an album, say 20 years ago.

Your point can roughly be paraphrased as the commoditization of media creation processes.

Schumpeter's gale:

""process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.""