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The very first Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel winner Paul Samuelson[0] makes the argument here[1] when discussing how li
by ItsMonkk 4y ago
The very first Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel winner Paul Samuelson[0] makes the argument here[1] when discussing how lighthouse economics works that anything with zero marginal costs that has a price other than free is by definition an economic loss. Therefore you should find other ways to fund lighthouses, and by extension, all media and software.
If an economic loss is currently occurring, that means that, if copyright is abolished, an economic gain will accrue. Where that economic gain is captured is therefore the core focus. What we want to occur is for society and the author to share in this increased economic gain, what we don't want is for monopolistic rent-seekers to grab all of this value for themselves.
I am not yet sure of this, but I think a land value tax would accomplish this goal. One would then discover some method to find the weight for each artist or piece of software through a market means that might only be an approximation and take from the land value tax revenue and distribute it to artists and other creators. I think a decent way to find this value is through a revenue neutral(or slightly negative) opt-in sortition process in which, when you go to use an artists work, you are entered into an auction wherein the 50% who bid more than the median value get to use the work at the median price, and the 50% who bid less do not get to use the work, but receive their bid in cash. This is surely not the full system, but it is just me working out how we can move forward from such an unjust system like copyright.
[0]: https://en.wikipedia.org/wiki/Paul_Samuelson https://en.wikipedia.org/wiki/Paul_Samuelson
[1]: https://courses.cit.cornell.edu/econ335/out/lighthouse.pdf https://courses.cit.cornell.edu/econ335/out/lighthouse.pdf - page 359, first paragraph