Why The Music Business Continues To Stumble Toward Its Demise | Cognoscenti

The Trichordist

Food for thought, for today’s new artists.

Modern capitalism’s shell game means bands aren’t getting the support they need; corporations have found a way to get it instead.

Marx believed capitalism would ultimately fail when the shift to mechanism displaced so many workers there would be no one left with enough money to buy the goods produced. In other words, no buyers, no market, ballgame over. His timing was off. The Industrial Revolution didn’t bring his theory of collapse to fruition, but Internet piracy did, and it’s why the music business as we’ve known it continues to stumble toward its demise.

READ THE FULL POST HERE:
http://cognoscenti.wbur.org/2014/03/21/download-nation-south-by-southwest-john-winters

View original post

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s