The growing popularity of the “Bowie” bond — a security backed by royalties — may sound strange, but it’s nothing new. In treating songs like annuities, capitalists prove once again that nothing is too sacred, or silly, to be commodified.

The growing popularity of the “Bowie” bond — a security backed by royalties — may sound strange, but it’s nothing new. In treating songs like annuities, capitalists prove once again that nothing is too sacred, or silly, to be commodified.

  • Da Oeuf@slrpnk.netEnglish
    1·
    1 day ago

    I agree. I think the music industry (and others) have reverted to a feudal & medieval way of exerting control over markets. Which, like you say, is not a proper solution because people want something real.