A lesson about the nature of property

Submitted by Prometheus 6 on June 2, 2004 - 5:20pm.
on Economics

What makes something your property is not the ability to use it, or to allow others to use it.

It's the ability to prevent others from using it.

If this goes through, you will not own the music you buy.



Labels to dampen CD burning?
By John Borland
Staff Writer, CNET News.com

The recording industry is testing technology that would prevent consumers from making copies of CD "burns," a piracy defense that could put some significant new restrictions on legally purchased music.

What's new:
Record labels say CD sales have plummeted as a result of copies--and copies of copies. Now the labels are testing technology that would limit the number of times a CD, or its copy, could be burned.

Bottom line:
Such anticopying efforts have met with consumer resistance in the past, but if the labels have their way, it may be that not only CDs, but also iTunes-style digital downloads, will be restricted.