Korean Brothers Arrested For File-Sharing Site
HarlanC writes: "This story discusses the arrest of two Korean brothers who run a website [warning, page requires Korean language support] that allows peer-to-peer file sharing. Note that the Recording Industry Association of Korea reports local companies lost $154 million in sales in 2000 due to use of the program, even though sales increased to $31.5 million in total sales in 2000 from $29.2 million in 1999."
And people HAVE been arguing that one is less morally offensive than the other for as long as copyright laws have existed in this country. You clearly read
Information has the unique property that you *can* copy it without "destroying" the original. Why not harness this property, rather than make it look like a limited good?
The purpose of an economy is to distribute a limited good fairly and equitably as possible. Information is NOT a limited material resource. At worst, it is a common good (in the economic infrastructure sense), and at best it is a completely unlimited resource. In both cases, it has zero mariginal cost.
In short, the following is a valid *opinion*: "Copying information is not as morally offensive than stealing my physical property, or depriving me of my freedoms."
You may argue that this opinion is false, but you certainly can't tell me it is NOT a topic for debate.
Are you unaware that our founding fathers debated this topic as well?
Note that the Recording Industry Association of Korea reports local companies lost $154 million in sales in 2000 due to use of the program, even though sales increased to $31.5 million in total sales in 2000 from $29.2 million in 1999.
So they're claiming that they were expecting $185.5 million in sales in 2000? A 535% increase over the previous year? And I thought the RIAA was stupid...