tag:blogger.com,1999:blog-8773625527617286057.post5559289734794155963..comments2024-02-24T20:15:09.535-08:00Comments on CityEconomist Update: FILE SHARING | Evil or Harmless?John Tepper Marlinhttp://www.blogger.com/profile/01461326883164385265noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8773625527617286057.post-76207437394613302662007-09-25T19:48:00.000-07:002007-09-25T19:48:00.000-07:00While the record industry has been declining in th...While the record industry has been declining in the past couple of years, the music industry has been at its peak. Given the technology advancements, now any artist can record his/her hit and share it with music lovers. As a result of this, mp3 related industries have benefited greatly. Looking at the record industry in particular, I believe file sharing has negatively impacted it; however looking at the opportunities technology advancements have given people, the decline in the record industry is NOT harmful. To know how the decline in the record industry has affected the economy, we'd need to gather some statistics to see the economic contribution of the record vs. mp3 related industries.Anonymoushttps://www.blogger.com/profile/16955083326141174239noreply@blogger.comtag:blogger.com,1999:blog-8773625527617286057.post-36548187083167464732007-09-25T14:51:00.001-07:002007-09-25T14:51:00.001-07:00This is Zhuobei (Phoebe) Deng. I've read this arti...This is Zhuobei (Phoebe) Deng. I've read this article in this week's New Yorker. I pretty much agree your opinion. <BR/><BR/>James Surowieck emphasized In the fashion industry, knockoffs are harmless if they are targeted to a different segment of the market. For example, a $100 perfume is sold on Canal St.for only $20. But the people who buy the $20 perfume would never spend $100 for the brand name. In this situation, knockoffs are truly complements and do not harm the brand-name manufacturers. <BR/><BR/>However, knockoffs are not harmless for the whole economy and they undermine social morality. Saying imitation is the sincerest form of flattery is like encouraging plagiarism.Anonymoushttps://www.blogger.com/profile/08211970948250578762noreply@blogger.comtag:blogger.com,1999:blog-8773625527617286057.post-43662271326846584292007-09-25T14:51:00.000-07:002007-09-25T14:51:00.000-07:00This is Zhuobei (Phoebe) Deng. I've read this arti...This is Zhuobei (Phoebe) Deng. I've read this article in this week's New Yorker. I pretty much agree your opinion. <BR/><BR/>James Surowieck emphasized In the fashion industry, knockoffs are harmless if they are targeted to a different segment of the market. For example, a $100 perfume is sold on Canal St.for only $20. But the people who buy the $20 perfume would never spend $100 for the brand name. In this situation, knockoffs are truly complements and do not harm the brand-name manufacturers. <BR/><BR/>However, knockoffs are not harmless for the whole economy and they undermine social morality. Saying imitation is the sincerest form of flattery is like encouraging plagiarism.Anonymoushttps://www.blogger.com/profile/08211970948250578762noreply@blogger.comtag:blogger.com,1999:blog-8773625527617286057.post-19938366425730623842007-09-23T14:17:00.000-07:002007-09-23T14:17:00.000-07:00I think knockoffs have harmed many industries such...I think knockoffs have harmed many industries such as clothing, bags, music recordings and so on. Why knockoffs are so marketable? An important reason is that knockoffs are very cheaper than the similar brand products. So knockoffs decrease the potential sales of brand products. At the same time, some knockoffs retailers won't pay sales taxes. It hurts the government revenues. So I think government should take more lawful action on prohibiting knockoffs. For example, government can set a great penalty fee on manufacturing and selling knockoffs.Anonymoushttps://www.blogger.com/profile/01735010343063187396noreply@blogger.comtag:blogger.com,1999:blog-8773625527617286057.post-85164335659463174412007-09-23T07:18:00.000-07:002007-09-23T07:18:00.000-07:00Some thoughts on clothing industry knockoffs:I per...Some thoughts on clothing industry knockoffs:<BR/>I personally hate knockoffs. For those who make knockoffs are just like stealing. Instead of stealing physical stuff, they steal the ideas from designers. And it won't be a good way to develop business for THE long-term. If they cannot afford to hire top designers, why not hire those young students<BR/>from design schools, who may have a bunch of great ideas but need some platform to put their ideas into production. And those companies may be able to develop their own design line later. The reason they're making knockoffs, I guess, is that they just want to get easy money Quickly.<BR/><BR/>Also, when knockoffs are flowing around the market, buyers for<BR/>designer-brands are also hurt as they paid much more for those items<BR/>may look like the same as knockoffs at first glance.<BR/><BR/>And knockoff buyers are most likely going to stick to the cheap knockoffs. Year after year, they have got used to buying the similar stuff with much less money. Why do you think they would like to pay more for original designer brands eventually? They would even think themselves quite silly if they do so. Knockoffs may improve people's tastes, but will not increase designers' potential sales.Unknownhttps://www.blogger.com/profile/03452880177565891211noreply@blogger.com