some quick math: all these years later sony is clearing $3,900/month from eve 6 spotify streams, while the songwriter is receiving $390/month. multiply that by however many bands sony has chained to them.
reminds me of an article i read the other day re: neoliberalism being the root of pretty much every problem we're facing as a society. said article contained this powerful little truth and as simple as it is, it has been rattling around my dome ever since: "Rent is another term for unearned income."
it goes on to state that, "the past four decades have been characterised by a transfer of wealth not only from the poor to the rich, but within the ranks of the wealthy: from those who make their money by producing new goods or services to those who make their money by controlling existing assets and harvesting rent, interest or capital gains. Earned income has been supplanted by unearned income."
but "rent is another word for unearned income" pretty much says it all.
some quick math: all these years later sony is clearing $3,900/month from eve 6 spotify streams, while the songwriter is receiving $390/month. multiply that by however many bands sony has chained to them.
reminds me of an article i read the other day re: neoliberalism being the root of pretty much every problem we're facing as a society. said article contained this powerful little truth and as simple as it is, it has been rattling around my dome ever since: "Rent is another term for unearned income."
it goes on to state that, "the past four decades have been characterised by a transfer of wealth not only from the poor to the rich, but within the ranks of the wealthy: from those who make their money by producing new goods or services to those who make their money by controlling existing assets and harvesting rent, interest or capital gains. Earned income has been supplanted by unearned income."
but "rent is another word for unearned income" pretty much says it all.
the article for reference (it's old, from 2016): https://www.theguardian.com/books/2016/apr/15/neoliberalism-ideology-problem-george-monbiot