Passive income. If value is being created and you’re being presented some of it without doing any work it necessarily means that someone else isn’t receiving the full value of the work they’re doing.
Even 15 years is a lot of money for something you most likely spent under 6 months creating. Of course, we could always have a detailed system and not just one flat time frame.
I think people overestimate how much the average creator can get from their work over time. They need to keep creating to maintain a livable income. Also, 28 years is a good number because it prevents mega corporations from stealing from small creators. Imagine if some novel series becomes a big hit, but Disney or Warner Brothers could just adapt it whenever they pleased without paying the author.
Passive income. If value is being created and you’re being presented some of it without doing any work it necessarily means that someone else isn’t receiving the full value of the work they’re doing.
subset of capitalism
Absolutely
In most cases I agree with you, but what about a musician who makes passive income off of people streaming their music, or people who buy my fonts?
Cap it at the original 28 years after creation. The current 70 years after the creator’s death is ridiculous.
Even 15 years is a lot of money for something you most likely spent under 6 months creating. Of course, we could always have a detailed system and not just one flat time frame.
I think people overestimate how much the average creator can get from their work over time. They need to keep creating to maintain a livable income. Also, 28 years is a good number because it prevents mega corporations from stealing from small creators. Imagine if some novel series becomes a big hit, but Disney or Warner Brothers could just adapt it whenever they pleased without paying the author.
Not passive income, they did the work of creating the music or the font
Doesent all passive income require some upfront work outside of investing?
If you inherit/“born rich” I don’t think so…
No, that’s what makes it passive. Having money isn’t a job, investing isn’t work it’s gambling and extremely rigged.