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Old 08-25-2010, 03:06 AM   #1 (permalink)
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Default Music in a world of goods and services...

hey all. 5am. just got home home from a 12 hour concrete job. i had a conversation on the way home about the fact that all jobs fall into either goods or services provided, or both.

i thought it was interesting to look at music under this light.

is it one? is it the other? is it both? is it either? i don't know!

thoughts please.
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Old 08-25-2010, 04:21 AM   #2 (permalink)
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The music itself is a good, because its a product that people buy (and enjoy)

But when the musician performs, I think that's a service, that actual performance/concert
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Old 08-25-2010, 04:34 AM   #3 (permalink)
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The interesting thing is that we've gone from music being almost entirely services in economic terms, apart from sheet music, to the advent of recording technology and the ability to produce a physical product that would play music without the actual performer being present where most of the money came from the sale of goods and then back to the services model where most of the money in the music business is coming from live music.
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