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Sorry, but I simply have to add my two cents on what Leonhard is writing about. Yeah, I’m blogging a bit out of my depth here, but as an ardent fan of original music and deep skeptic of intellectual property rights, I’ve had a strong opinion on this subject for years.

It comes as no surprise that ABBA are arguing for the preservation of the music industry. Too old or forgotten to sell any new songs, their income depends on the re-selling and licensing of old songs. Björn claims that downloaders are stealing the ideas of “single individuals” who, presumably, should receive income for it.

But the real question is: who needs the music industry? By pitting overproduced, overfinanced pop products against homegrown artists and appropriating the majority of proceeds, does the music industry really encourage creativity? I wonder how many professional musicians actually work for (major) record labels, but beyond any doubt it’s a very small percentage. The rest ekes out an honest and more or less satisfying existence doing what they can’t resist doing: making. good. original. music.

And here’s a link to the current capitalist crisis: As banking practices show, financial incentives just simply do not produce excellence. Read the rest of this entry »