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That’s called a substitute good. Every good has a substitute good. That doesn’t make it a commodity, words have meanings. The distinction is important. The o
by CPLX 3y ago
That’s called a substitute good. Every good has a substitute good.
That doesn’t make it a commodity, words have meanings.
The distinction is important.
The original thread here posited that music wasn’t a lucrative field because it’s an interchangeable commodity.
That’s just flat wrong. It’s the opposite. It’s not lucrative because it’s very highly differentiated and the popularity follows a power law distribution and you’re probably not in the top echelon.
But you could be. Which is why people try so hard.
That’s an entirely different analysis.
- solarmist 3y agoCheers for the terminology, but being pedantic and purposely missing the point isn't useful or helpful. You could've avoided this whole digression by providing the word people were searching for and doing a mental search/replace then moving the conversation forward.