{"id":10437,"date":"2012-10-07T09:00:20","date_gmt":"2012-10-07T16:00:20","guid":{"rendered":"http:\/\/www.alephnaught.com\/Blog\/?p=10437"},"modified":"2012-10-07T09:00:20","modified_gmt":"2012-10-07T16:00:20","slug":"the-pirates-dilemma-how-youth-culture-is-reinventing-capitalism","status":"publish","type":"post","link":"https:\/\/www.alephnaught.com\/Blog\/2012\/10\/07\/the-pirates-dilemma-how-youth-culture-is-reinventing-capitalism\/","title":{"rendered":"The Pirate&#8217;s Dilemma: How Youth Culture Is Reinventing Capitalism"},"content":{"rendered":"<div id=\"content_div-10437\">\n<ul>\n<li><strong>Title:<\/strong><a href=\"http:\/\/www.amazon.com\/The-Pirates-Dilemma-Reinventing-Capitalism\/dp\/141653220X\/ref=sr_1_1?ie=UTF8&amp;qid=1349615720&amp;sr=8-1&amp;keywords=The+Pirate%27s+Dilemma\" target=\"_blank\">The Pirate&#8217;s Dilemma: How Youth Culture Is Reinventing Capitalism<\/a><\/li>\n<li><strong>Author:<\/strong><a id=\"contributorNameTriggerB001JS8W84\" href=\"http:\/\/www.amazon.com\/Matt-Mason\/e\/B001JS8W84\/ref=ntt_athr_dp_pel_1\">Matt Mason<\/a><\/li>\n<li><strong>Paperback:<\/strong> 288 pages<\/li>\n<li><strong>Publisher:<\/strong> Free Press; Reprint edition (May 5, 2009)<\/li>\n<li><strong>Language:<\/strong> English<\/li>\n<li><strong>ISBN-10:<\/strong> 141653220X<\/li>\n<li><strong>ISBN-13:<\/strong> 978-1416532200<\/li>\n<\/ul>\n<p>I saw this book in a bookstore when we were trading in books and decided to give it a try &#8211; I&#8217;m glad I did, overall.<\/p>\n<p>The author places piracy in a market context &#8211; so instead of knee-jerk reactions, this book studies the affect of free access on markets. &#8220;Pirates highlight areas where choice doesn&#8217;t exist and demand that it does.&#8221; (p. 46) There are a few case studies, most from the music industry &#8211; not surprising since the author was co-founder of a famous British music magazine.\u00a0 I thought the hip-hop study went on too long; otherwise I thought the pacing of the material was good and the style clear and easy to read.<\/p>\n<p>The last part of the book discusses the actual dilemma &#8211; that pirates create a new gap in a market, effectively disrupting it from the very bottom (free). Businesses have two ways to respond:<\/p>\n<ul>\n<li>Legal &#8211; try to shut down the pirates, or<\/li>\n<li>Compete &#8211; try to co-opt the market<\/li>\n<\/ul>\n<div id=\"attachment_10438\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10438\" data-attachment-id=\"10438\" data-permalink=\"https:\/\/www.alephnaught.com\/Blog\/2012\/10\/07\/the-pirates-dilemma-how-youth-culture-is-reinventing-capitalism\/pirates-dilemma\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg?fit=592%2C438&amp;ssl=1\" data-orig-size=\"592,438\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"The pirate&amp;#8217;s dilemma\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The pirate&amp;#8217;s dilemma&lt;\/p&gt;\n\" data-large-file=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg?fit=592%2C438&amp;ssl=1\" class=\"size-medium wp-image-10438\" title=\"The pirate's dilemma\" src=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma-300x221.jpg?resize=300%2C221\" alt=\"The pirate's dilemma\" width=\"300\" height=\"221\" srcset=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg?resize=300%2C221&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg?resize=150%2C110&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/uploads\/2012\/10\/pirates-dilemma.jpg?w=592&amp;ssl=1 592w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-10438\" class=\"wp-caption-text\">The pirate&#8217;s dilemma<\/p><\/div>\n<p>The legal approach only works if the market is niche, marginalized or if the product is upmarket, otherwise competing is the alternative.<\/p>\n<p>If you&#8217;re looking for a good book on the positive side of piracy and what it means about and for markets, this is a good choice.<\/p>\n<\/div>\n<div class=\"translate_block\" style=\"display: none;\">\n<hr class=\"translate_hr\" \/>\n<a class=\"translate_translate\" id=\"translate_button_post-10437\" lang=\"en\" xml:lang=\"en\" href=\"javascript:show_translate_popup('en', 'post', 10437);\"><span>Translate<\/span><\/a><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/www.alephnaught.com\/Blog\/wp-content\/plugins\/google-ajax-translation\/transparent.gif?resize=16%2C16&#038;ssl=1\" id=\"translate_loading_post-10437\" class=\"translate_loading colorbox-10437\" style=\"display: none;\" width=\"16\" height=\"16\" alt=\"\" \/>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Title:The Pirate&#8217;s Dilemma: How Youth Culture Is Reinventing Capitalism Author:Matt Mason Paperback: 288 pages Publisher: Free Press; Reprint edition (May 5, 2009) Language: English ISBN-10: 141653220X ISBN-13: 978-1416532200 I saw this book in a bookstore when we were trading in books and decided to give it a try &#8211; I&#8217;m glad I did, overall. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[841,1212],"class_list":["post-10437","post","type-post","status-publish","format-standard","hentry","category-books","tag-entertainmentculture","tag-piracy"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2w3Qj-2Il","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/posts\/10437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/comments?post=10437"}],"version-history":[{"count":0,"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/posts\/10437\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/media?parent=10437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/categories?post=10437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alephnaught.com\/Blog\/wp-json\/wp\/v2\/tags?post=10437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}