4 ms·
Who would be contributing to this Kickstarter? People who already know her, and know that her books are good? That's not where the real money is, or the measure
by azernik 7y ago
Who would be contributing to this Kickstarter? People who already know her, and know that her books are good? That's not where the real money is, or the measurement of market value of an author's labor; the money is in the flow of cash from consumers.
More generally, non-excludable goods do not work well within a free market system. If you want them produced, you either set up a state mechanism for funding them (which many countries do for e.g. film, by creating national film funds), or you somehow make them excludable (e.g. through copyright). The other options aren't really effective.
- zozbot234 7y agoYou're pointing to an information problem that has little to do with non-excludability. A prospective funder faces the exact same issue anyway! And crowdfunding has been used to fund many sorts of good/service provision where non-rivalry is an issue. It does appear to work quite a bit better than other market-based options.