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Old March 3rd, 2006, 12:00 AM  
Webbeardthepirate
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Join Date: February 14, 2006
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Can I answer Dawncloak. I think its related to bush and elected officials.

See, what happens is you get to have indi music because you and others are willing to pay for it. You can even have hobby music that other people are willing to produce just to spend time making it, and you only have to pay with your time to listen to it.

But where government comes in is that they can and do impose regulations that limit choices. When a corporation feels threatoned they will sometimes apeal to the governemtn to stop their competitors. Tey'll say there is unfair competition or some other crap like that. Or they can claim the products are unsafe, and that only governemtn certified web router opperators should have servers on the internet, or something like that. These are called Barriers to Entry. Some bariers are natural like a city water supply. Its not economical for multiple companies to put in their own pipes for water supplies. Same goes for electricity, it is needlessly repetative duplication of infrastructure. These are called natural monopolies. Governemtn can and should ragulate them because it is not bennificial to duplicate infrustructure nor allow power companies to charge so much for electricity that stringing extra wires would be a prety good idea.

But steel manufacturing, while requiring big plants, is not a natural monopoly, and worse is subject to cost reductions through innovation.
Well Bush imposed a terrif on steel imports that lasted 14months and gave the steel mills a chance to retool their own mills to compete with brazillian steel mills. Well, in capitolism, that's cheating. The government, in this case Bush, put up an artificial barrior to entry protecting the US steel industry. The workers and communities that depend on those steel mills for jobs and the moeny form those workers to suvive then thanked Bush for violating the rules of good economic management and saving their inefficient and failing industry (which was that way beacuase of decades of Union rules restricting innovation) and their overpaid union jobs by voteting overwhelmingly for Kerry. I guess you really can't buy votes.

If no one wanted to listen to bluegrass music, or not enough did, then there wouldn't be much of it around. There isn't much real kentuckey bluegrass music around any more anyways. Some one would probably still play it out of sheer enjoyment, and maybe put it on their internet site. And You could download it, and because you liked it donate some money so they will keep making it. See, the internet increases your options by lowering what is called information costs, that is how hard it is to find out about a good or service and compare it to other substitute goods and services. Froogle helps do that by doing price comaprisons for you too. E-bay is built on reducing the information costs of sellers to connect to buyers. That's how the internet lowers one of the prexsting bariors to entry. Say you made music that one half of one percent of people liked enough to buy it, well if the internet connected every one then you would have 30 million customers who would buy your music. But in the past if you lived in a town of 100,000, and you some how reached all of them you'd only sell to 500 of them. Alot harder to make a living.

So, Bush may intervene in economics again, but if the Internet can be kept free of the UN's corrupt clutching grasp, and with Bush in the White House, for the forseable future it will, you will be able to buy whatever sort of music you like no matter what BMG or Sony Music, or Virgin Records has to say about it.
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