[lbo-talk] Dumb QOTD: What kind of labor produces intellectual property?

Doug Henwood dhenwood at panix.com
Mon Sep 5 13:52:19 PDT 2011


On Sep 5, 2011, at 4:38 PM, Michael Pollak wrote:


> On Sun, 4 Sep 2011, Doug Henwood wrote:
>
>>> $6000 for the book Wall Street
>>
>> It was a great deal for Verso, which made something like $300,000 from the book.
>
> So you made 2% of the take?
>
> I honestly have to wonder whether you would do any worse on an aggresive cyber tip jar basis. That is, if you wrote a book, told people they could download it for free but if they liked it, the suggested donation was 10 bucks.

I spent six years working on Wall Street. Not constant and uninterrupted, but I spent a shitload of time on that thing. Never again for so little cash - or for something as speculative as a tip jar.

Doug



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