A major issue in intellectual property is common depreciation. What is that?
Well on one hand, the profit of a real estate investment, is not taxed as
highly because the value of the property is depreciated. It doesn't matter
whether the property is old or new.. That makes this a maor income generating
opportunity for real estate owners. They can withdraw money since their tax is
minimal. But being a rock star is not like being a real estater. Believe me,
I know all about rock music.
OK so when I go to do rock star work, my work has some value, but there are
also costs. Now what if I say that I can rock twice for the same cost.. No
that is not true. I can not double rock and roll.
But if I have cash to invest, in rock stars, then what I can do is invest for a
higher interest. I ell that rock star he has to rock for my money, or I will
put a lien on that guitar and drums till he pays off. He tells me some sad
story, I can' rock but once, eh.
So I get the tape recorder, and come over to the concert. I record the concert
and now I can double the investment and make twice as much. I keep all of that
money. He says I want some of that money. But it was the tape recorder that I
used. He can't rock it more than once. And so most technology displaces
people . That is a transcendence of their value within an open system where
they are not getting feedback and control. In a closed system they would have
gotten feedback and would not rock wher there was a tape recorder. Since that
technology is going to cost them money. that is what happens with technology
and investment. It tends to transcend the stabiliy and speeds thing up. hat
happens to everybody. Investment requires interest must be paid, while the
worker is offered a conditional employment depending upon his usefulness. But
I can still rock and roll..
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