tag:blogger.com,1999:blog-4513524515428334509.post5105826891883044496..comments2024-03-26T10:41:35.852+00:00Comments on The 1709 Blog: SGAE investigated over "misappropriation of funds"Marie-Andree Weisshttp://www.blogger.com/profile/17125973798789498436noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4513524515428334509.post-22797750557438224602011-07-08T01:13:39.249+01:002011-07-08T01:13:39.249+01:00From Techdirt: 'More Details On Spanish Music ...From Techdirt: 'More Details On Spanish Music Collection Society Corruption': http://www.techdirt.com/articles/20110705/02190314964/more-details-spanish-music-collection-society-corruption-accused-stealing-550-million-artists.shtml<br /><br />In our fight against the attempt to impose compulsory management of an artist resale royalty (in Australia) by the collection agency Viscopy and its twinned artist society NAVA, we had to combat a familiar problem. Artists' societies derive both income and special representative status from their association with collection societies and, therefore have a vested interest in promoting collection societies and, a disinterest in critically observing the behaviour of the managements of these collection societies. Typically, the senior managements and board appointments of these linked organisations often involve the same people in a revolving door scenario. Moral hazard and conflict of interest are intrinsic to this situation. Hence, when giving evidence to a Parliamentary Select Commmittee on the implementation of the resale royalty, the then CEO of Viscopy (who self-described as an 'artist') dismissed my hostility to compulsory servicing by her organisation as that of an 'untypical artist'. <br /><br />One of the committee members was visibly surprised when I explained that I managed my own copyright. His surprise was despite the fact that the majority of Australian artists self-manage their own copyright, ie they do not use the services of a collection society. <br /><br />Phantom employees are a typical manifestation in this area. In many ways the artists' societies that are linked to collection managements are effectively phantom employees of that management. Not all societies are legally corrupt but all are in a position of moral hazard and conflict of interest.John R walkernoreply@blogger.comtag:blogger.com,1999:blog-4513524515428334509.post-39791624019390873822011-07-07T00:14:22.201+01:002011-07-07T00:14:22.201+01:00Privatized taxes are bad design. Because very few ...Privatized taxes are bad design. Because very few know how much is- in total- being collected and how much -in total -is being retained, the temptation to indulge in the creation of what Galbraith called "psychic wealth", is enormous.<br /> <br />"To the economist embezzlement is the most interesting of crimes. Alone among the various forms of larceny it has a time parameter. Weeks, months or years may elapse between the commission of the crime and its discovery. (This is a period, incidentally, when the embezzler has his gain and the man who has been embezzled, oddly enough, feels no loss. There is a net increase in psychic wealth.)"John R walkernoreply@blogger.com