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

Dennis Redmond metalslorg at gmail.com
Mon Sep 5 14:42:55 PDT 2011


On Mon, Sep 5, 2011 at 9:14 AM, Doug Henwood <dhenwood at panix.com> wrote:


> Why would you want to be fair to Verso? They're notorious for not
> paying authors. A reliable source tells me that Perry Anderson
> owns their building in London and charges them market rent for it.
> They publish lots of wonderful stuff, but the place is run by aristocrats
> with inherited fortunes, and it shows.

Oho. That's new information to me. I resigned (No. 6-style) from the First World litcrit world many moons ago, so I haven't kept up with the doings of Archduke Anderson or the Barons of NLR-istan.


> The contract for Wall Street treated UK sales as domestic and all
> other, including U.S., as exports. Royalties on export sales were
> figured on the wholesale, not the retail, price. On domestic sales,
> meaning the handful of copies sold in the UK, royalties were
> computed on the retail price.

Hmm, neoliberalism as an applied publishing strategy. For all the talk of competitive markets, it was just one giant monopoly scam, enforced by lawyers and guns.

-- DRR



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