Text archives Help


Re: [projectvrm] MaidSafe claims to deliver world's first 'safe' network


Chronological Thread 
  • From: Phil Windley < >
  • To: Crosbie Fitch < >
  • Cc: ProjectVRM list < >
  • Subject: Re: [projectvrm] MaidSafe claims to deliver world's first 'safe' network
  • Date: Thu, 24 Jul 2014 17:39:32 -0600

>
>> Again, this network could offer a way to earn money from
>> readers without having to rely upon - or resort to - advertizing.
>
> 'Earn money from readers'?
>
> One generally earns money from work.
>
> But of course, an author could invite his readers to pay him for his work.
>>

This is only half of the story. People and companies earn money for either
labor or rents. Rents happen because someone has exclusive control over
capital or rights of some kind (i.e. the right to publish a particular work,
manufacturer a specific product, drive a car for hire in a specific city, run
a hotel, etc.)

To ignore the role capital and exclusive rights have played through time is
to significantly slant the story.

You may not like that this model exists and has existed, but cannot simply
wish it away by ignoring it.

Readers of a book aren't really paying an author for her work, even if they
pay her directly. That is, unless they are paying her for her labor directly
and then gaining ownership of end product it is not labor. A self-publishing
author is working for herself and producing a piece of property which she
then exchanges for rents when people pay her to read it. We could properly
account for the time she put into writing the book as "labor" at some going
rate, but the remainder would be rent on capital based on the value of the
property (i.e. book) itself. The reason to account for this as rents on
capital is simple: the book can continue to produce a cash flow regardless of
whether the author puts any more work into it at all. These cash flows can
continue even after the authors death. Hence they are rents on capital, not
payment for labor.

Who cares? I do. I think it's a mistake to somehow equate VRM with movements
on wealth inequality etc. however worthy they may be. VRM is about giving
people tools to support the buy side, leading to a balance of power between
vendors and customers. We cannot and should not try to put it forward as a
panacea to all social ills.

If we attempt to define things like "publishing" as "bad" and not part of
VRM, we'll end up as Occupy. I fear that VRM can't be seen as anti-corporate
or else it will fail to be adopted in any degree. I similarly fear attempts
to cast VRM as "about privacy" or "taking back control" since they have
similar messages.

Big tent.

--Phil--


Archive powered by MHonArc 2.6.19.