Ok, I see. It’s “trickle-down economics”. Sorry, if you don’t like the term. Feel free to suggest a better one.
The simple fact is, it won’t work.
There is no reason for the NYT, or any other newspaper, to share the profit. I’m not saying that none of the owners will, but most won’t. Even the generous ones won’t bother tracking down former employees or their heirs. In fairness, that’s not economics. It’s just an observation about how people behave. I do note, though, that you are not actually claiming that the authors will get paid.
It won’t make newspapers more profitable, either. The owners of old newspapers will be able to extract a rent for their archives. But where would the extra cash flow for a new newspaper come from? You could say that they have a new potential buyer. But the US population is growing and every new person in the US is a new potential buyer. Every new business is a potential new advertising client. Having a new potential buyer is just not going to make the difference. Although, I do note that you are not actually claiming that this would make newspapers more profitable.
At least I can say that in the last paragraph, you are wrong:
A victory in this court case would strengthen author rights and ownership.
No. It will not strengthen authors. Strengthening ownership strengthens owners. Strengthening ownership of buildings, strengthens landlords and does not strengthen construction workers. They have already been paid in full.
I don’t know if the poster, I originally replied to, agrees with you, but I can definitely say that I simply do not share your ideology. I hold the view that intellectual property is a privilege granted by society, for the benefit of society. Call that socialism if you like, it’s in the US Constitution. OTOH, You clearly believe that IP entitles someone to a benefit from society, regardless of any harm to society. I don’t know if you believe in these suggested trickle-down benefits. I find it disturbing that you actually did not go so far as to make a definitive claim.
Ok, I see. It’s “trickle-down economics”. Sorry, if you don’t like the term. Feel free to suggest a better one.
The simple fact is, it won’t work.
There is no reason for the NYT, or any other newspaper, to share the profit. I’m not saying that none of the owners will, but most won’t. Even the generous ones won’t bother tracking down former employees or their heirs. In fairness, that’s not economics. It’s just an observation about how people behave. I do note, though, that you are not actually claiming that the authors will get paid.
It won’t make newspapers more profitable, either. The owners of old newspapers will be able to extract a rent for their archives. But where would the extra cash flow for a new newspaper come from? You could say that they have a new potential buyer. But the US population is growing and every new person in the US is a new potential buyer. Every new business is a potential new advertising client. Having a new potential buyer is just not going to make the difference. Although, I do note that you are not actually claiming that this would make newspapers more profitable.
At least I can say that in the last paragraph, you are wrong:
No. It will not strengthen authors. Strengthening ownership strengthens owners. Strengthening ownership of buildings, strengthens landlords and does not strengthen construction workers. They have already been paid in full.
I don’t know if the poster, I originally replied to, agrees with you, but I can definitely say that I simply do not share your ideology. I hold the view that intellectual property is a privilege granted by society, for the benefit of society. Call that socialism if you like, it’s in the US Constitution. OTOH, You clearly believe that IP entitles someone to a benefit from society, regardless of any harm to society. I don’t know if you believe in these suggested trickle-down benefits. I find it disturbing that you actually did not go so far as to make a definitive claim.