Copyright Collecting Societies A Morass Of Bad Incentives

Thu, 24 Apr 2014 15:14:27 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
http://torrentfreak.com/copyright-collecting-societies-morass-bad-incentives-140316/

"We have given a private organization an authority-like mandate to collect
tax-like fees in the billions backed by threat of force, and tasked them with
finding the appropriate receiver of the collected funds. If they don’t find the
receiver, with no formal requirement of actual effort to do so, they get to
keep the money for themselves. What could possibly go wrong here?"

Yeah, these are crazy and inefficient schemes that need to end.

Cheers,
*** Xanni ***

--
Andrew Pam
Partner, Glass Wings http://glasswings.com.au/

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