Diamonds & the RIAA

eaglebtc writes "After reading the previously-posted article on cdfreaks.com about the rapid erosion of cheap CDR's, I found another equally scintillating write-up about the economics of music CDs written by Richard Menta, founder of MP3 Newswire. Sure, we've all heard the whining about how CDs are so expensive, but Mr. Menta takes a unique perspective on the issue by comparing the RIAA to DeBeers. He argues that both companies control distribution of products in their respective markets with an iron fist, and by so doing can artificially raise prices. Coincidentally, the bubble is beginning to burst in both markets: the RIAA is fighting against the uprisings of P2P software, and the diamond cartel's lawyers are losing sleep over the $5 diamonds produced in a lab."

Comments

Re:Labor Of Love

[Anonymous Coward]

Legal, safe prostitution solves the whole mess.

Two months salary my ass. Considering the history of the engagement ring (a down payment that the woman's family keeps if come wedding day her virtue is besmirched and the groom is nowhere to be found) there's aren't many women now day who fit the original bill.

You want to bring down DeBeers? You've got to break the government supported tang monopoly!