Earlier quoted context omitted.
> When people propose that copyright be abolished, they are saying, if effect, that anybody who produces a creative work immediately forfeits any right to control it and that any random person can come along and freely enjoy the benefits of that work and also freely reproduce and distribute that work. I could not disagree more. If someone creates a work of art, they only own the physical manifestation of that creatio…
While I realize that it can't happen any time soon due to the current businesses that rely on copyright protection, there have been alternatives proposed that work without it, like The Digital Art Auction ( http://tdaa.digitalproductions.co.uk/history/essay.htm ) and Street Performer Protocol ( http://www.schneier.com/paper-street-performer.html , blacked out due to SOPA as of writing). Vastly simplified, they descri…
Transaction costs include legal stuff, distribution, and advertising. The later is probably the largest block. There's only a very small minority who likes to engage in the creation of works. The majority just wants to be entertained. For this, they need signals of quality, and the perceivable amount of advertising is such a signal.