Perhaps you don't know Gary North. You probably should. He's a grumpy old man. He's an economist. He's a scholar. And he knows a lot about money.
If Gary North says your industry is in trouble, your industry is probably in trouble. His points are the same that the geeks on Slashdot have been making for years, but from a purely monetary standpoint, instead of a "information wants to be free, yo" standpoint.
A business depending on lawsuits to survive is doomed.
Monday, January 30, 2006
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From a marketing and economics perspective Gary North certainly gets it. But he forgets that the music industry isn't just an industry it is a self-congratulating cartel of overlords exploiting creative slaves. The slaves exist for one reason: to please an otherwise moderately aware public.
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