Individual Property Ownership And The Future Of Creativity

Posted on 10/4/2010 by Jim Pickerell | Printable Version | Comments (3)

In his biography, The Age of Turbulence, Alan Greenspan said, “The presumption of individual property ownership and the legality of its transfer must be deeply embedded in the culture of a society (emphasis mine) for free market economies to function effectively. In the West, the moral validity of property rights is accepted, or at least acquiesced in, by virtually the whole of the population.” I was struck by how this relates to the photography business today. The concept of individual property ownership is no longer deeply embedded in the culture of our society. A large segment of the population believes that certain property should be free to all and that the creators have no rights once the property is shown to anyone. Using the creative works of others without permission or compensation is becoming the morally accepted standard.


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Copyright © 2010 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

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