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>> Basically rent seeking behavior, expecting perpetual payment for work completed in the past (aka passive income) Sounds like most SaaS companies. >> Why st
by basisword 4y ago
>> Basically rent seeking behavior, expecting perpetual payment for work completed in the past (aka passive income)
Sounds like most SaaS companies.
>> Why stop at paintings, what renders a painting more deserving of payments in perpetuity for the author over, say a chair or some piece of furniture. Or a car, or any of the other myriad of goods people make.
The fact that those things can be replicated and/or mass produced? If it was a one-off handcrafted car or piece of furniture then I agree, it should be covered under the same law.
- mcculley 4y ago>> Basically rent seeking behavior, expecting perpetual payment for work completed in the past (aka passive income) > Sounds like most SaaS companies. Most SaaS companies have perpetually recurring costs of their own (e.g., storage, compute, bandwidth, security updates).
- egypturnash 4y agoMost artists have perpetually recurring costs too: rent, subscriptions to digital tools, food, etc.
- mcculley 4y agoIndeed. An artist should set the price of a piece sold with these costs in mind.
- AnAfrican 4y agoA struggling artist may not be in a strong position to negotiate. When rent or food are needed now, you take what you can.
- clipsy 4y agoAn art buyer should negotiate the purchase price with droit de suite in mind.
- mcculley 4y agoCertainly, if the transaction takes place in a jurisdiction where it applies.
- nine_k 4y agoThese perpetually recurring costs are not directly connected to rendering an ongoing service. They are very understandable though.