Online “piracy” isn’t looting. It’s capitalism. It forces dinosaurs to evolve or become extinct. The music and movie industries are in denial, mistaking progress for criminal activity. In fact, they’ve already benefited from piracy’s kick in the ass. Music piracy sites such as Napster forced an antiquated model to reinvent itself, and today we have solutions such as iTunes at a dollar per song and Spotify’s monthly subscription rate. These new systems didn’t kill the music industry; they saved it.
Lies, Damn Lies, and the History of Capitalism
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Mark Twain popularized the phrase, “There are three kinds of lies: lies,
damn lies, and statistics.” This phrase could equally well be adapted to
depict ...
14 hours ago