2/ But here's an argument for why 30 years of copyright is better than 5 (or why 50 > 30). I wrote two novels. It took me 2,500 hours. I earn, let's say, $5k/yr from them. Assume that remains flat (it'll fall, of course). With 5 yr copyright my total earnings are $25k. >>
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3/ i.e $10/hr Noting this, I consider writing sequels...but decide against it. But now ponder 30 year copyright. My total earnings are $5k x 30 yrs = $150k. Net present value of $75k, maybe? So $30/hr. At this rate, I can afford to write more novels.
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4/ Now ponder 60 year copyright. Hourly rate goes up again. I won't live long enough to capture all of it ... but the magic of markets means that I can time-shift future income into the present by selling the rights to my novels to some third party.
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5/ So, now, go ask my fans "you've already purchased Morlock's first two novels. Do you prefer a world where they become public domain in 5 years ...but he never writes any more? Or do you prefer a world where they remain $5 each for 50 years ...but he writes 10 more?"
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6/ I suspect that the folks who like my writing would say "yes, 50 year copyright for Morlock!" That's an argument for why long copyright is better than short.
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GP No. No, many Americans do not think you have the right to pass on the fruits of your labor to whomever you chose. They believe the state owns the fruits of your labor because is some weird fantasy world, you didn't build that.
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i know :(
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No one is stopping McCartney from writing new songs and we hope they'll be better than the Frog Chorus. But the idea is to add to the culture and to do that, it has to pass into the public domain at some reasonable point. I don't think 75 years is close to the right balance.
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You are acting like: 1... No one can ever sing or play Hey Jude except McCartney. 2....There are not reasonable fair use guidelines for adaptation and improvisation with copyrighted works. Neither of these is true. Hey Jude has been performed millions of times by other artists.
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It's not that hard to imagine how owning your own song for a lifetime would encourage creativity. On the other hand, it probably would discourage creativity for those whose creation involves ripping off "Hey Jude."
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