Linked by Thom Holwerda on Mon 17th Jan 2011 12:02 UTC
Multimedia, AV I generally need a billion words to explain the problems inherit in the current copyright system. Joss Stone needs just one minute. "I don't care how you hear it - as long as you hear it." Can we please appoint Ms Stone as supreme overlord of the universe?
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sparkyERTW
Member since:
2010-06-09

"Benefiting from the results of labour without providing compensation, hmmm... now what does that remind me of...

Shareholders ?
"

Seriously?! They literally give you money that you can use to run your business!

I really need to stop using sarcasm in posts.

Reply Parent Score: 1

Neolander Member since:
2010-03-08

Because they gave a small amount of money to the company a long time ago, it now gives them the right to do whatever they want with it and get a margin on all profits made.

The problem I have with shareholders as opposed to, say, bankers, is that you have a lifetime contract with them. You sold part of your company to them and because of this they can now benefit from work they don't even take part in for the entire life of the company.

A banker gives you some money, you have to reimburse him during a period which is defined in advance, in a way that's defined in advance, and that's all. Once you have reimbursed your debt, there's no link between you and him anymore. The link between him and you is a purely monetary one. His benefit is doing so is included in loan interests, which are received in a well-defined way.

Reply Parent Score: 2

mkone Member since:
2006-03-14

Because they gave a small amount of money to the company a long time ago, it now gives them the right to do whatever they want with it and get a margin on all profits made.

The problem I have with shareholders as opposed to, say, bankers, is that you have a lifetime contract with them. You sold part of your company to them and because of this they can now benefit from work they don't even take part in for the entire life of the company.

A banker gives you some money, you have to reimburse him during a period which is defined in advance, in a way that's defined in advance, and that's all. Once you have reimbursed your debt, there's no link between you and him anymore. The link between him and you is a purely monetary one. His benefit is doing so is included in loan interests, which are received in a well-defined way.


Shareholder put their money at risk. Many make huge losses on their investment. Banks get to take over businesses when shareholder fail to pay their debts. When the proverbial s*#t hits the fan, shareholders could be left with nothing. Now bankers. They don't get to risk anything of theirs, and they make outsize profits. They, you should have a problem with.

Reply Parent Score: 1