Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
×
United States Software The Internet Your Rights Online

'Americans Own Less Stuff, and That's Reason To Be Nervous' (bloomberg.com) 554

Bloomberg's Tyler Cowen writes about "the erosion of personal ownership and what that will mean for our loyalties to traditional American concepts of capitalism and private property." An anonymous Slashdot reader shares the report: The main culprits for the change are software and the internet. For instance, Amazon's Kindle and other methods of online reading have revolutionized how Americans consume text. Fifteen years ago, people typically owned the books and magazines they were reading. Much less so now. If you look at the fine print, it turns out that you do not own the books on your Kindle. Amazon.com Inc. does. I do not consider this much of a practical problem. Although Amazon could obliterate the books on my Kindle, this has happened only in a very small number of cases, typically involving account abuse. Still, this licensing of e-books, instead of stacking books on a shelf, has altered our psychological sense of how we connect to what we read -- it is no longer truly "ours."

The change in our relationship with physical objects does not stop there. We used to buy DVDs or video cassettes; now viewers stream movies or TV shows with Netflix. Even the company's disc-mailing service is falling out of favor. Music lovers used to buy compact discs; now Spotify and YouTube are more commonly used to hear our favorite tunes. Each of these changes is beneficial, yet I worry that Americans are, slowly but surely, losing their connection to the idea of private ownership. The nation was based on the notion that property ownership gives individuals a stake in the system. It set Americans apart from feudal peasants, taught us how property rights and incentives operate, and was a kind of training for future entrepreneurship. We're hardly at a point where American property has been abolished, but I am still nervous that we are finding ownership to be so inconvenient.

This discussion has been archived. No new comments can be posted.

'Americans Own Less Stuff, and That's Reason To Be Nervous'

Comments Filter:
  • by Pseudonym ( 62607 ) on Sunday August 19, 2018 @05:22PM (#57156128)

    What have Millennials killed this time?

    • by Anonymous Coward on Sunday August 19, 2018 @05:53PM (#57156282)

      Their parants overconsumed is all.

      100 years you didnt have all of these entertainment options to waste your money on and probably felt it was more important to save for a rainy day

      • by Mr D from 63 ( 3395377 ) on Sunday August 19, 2018 @06:53PM (#57156492)
        Reading books is much more important than owning them. EBooks eliminates waste.

        Owning DVDs doesn't strike me as an important thing in life.

        Still, despite these two things, I own a crapload of stuff.
        • by Anonymous Coward

          You can take books from the library for free. No need to own them. It has come to the point where people think its fine to rent everything In lice and own nothing. The big corps aren't helping because they like this arrangement. Xbox is a prime example. My kids ask me to buy a game online cause the want I stant gratification. But I say no let's buy an actual copy. When the powers and internet out for 7 days its nice to have some DVDs and games to play when the generator is running

        • by sjames ( 1099 ) on Sunday August 19, 2018 @07:13PM (#57156564) Homepage Journal

          Better still, reading ebooks you actually own.

        • Comment removed (Score:5, Interesting)

          by account_deleted ( 4530225 ) on Sunday August 19, 2018 @09:25PM (#57157014)
          Comment removed based on user account deletion
          • by Mr D from 63 ( 3395377 ) on Sunday August 19, 2018 @10:26PM (#57157212)

            Reading books is much more important than owning them. EBooks eliminates waste.

            Owning DVDs doesn't strike me as an important thing in life.

            Still, despite these two things, I own a crapload of stuff.

            Did you know that there has been a trend to reduce or even eliminate the savings that you, as a consumer, could realize by buying the electronic book as opposed to the physical one, despite how much more waste making and selling physical books creates?

            When I asked a customer service rep at a company that shall remain namelesz, why in some cases the phsycial book is CHEAPER, NEW than the ebook when this retailer sells both, the response I got was that people are still buying physical books. (Inasmuch as that's not really an explanation why something that by rights SHOULD be cheaper ISN'T,) I replied with something like, "but... don't you have to pay the same royalties on both, based on intellectual property, but NOT have to pay to print the book itself, nor pay for the physical storage space of each in warehouses, on trucks, and ultimately on bookshelves in actual, brick-and-mortar stores whenever you start opening those for books, for the electronic books you DO sell? Why not make it easer to buy THOSE?"

            The response I got basically was that they make more money pricing them this way, so this is the way they price them. (Sigh.)

            Did you know there is this thing called 'the market', in which sellers determine how much people are willing to pay for something, and use that to determine price?

  • Hardly (Score:5, Insightful)

    by nospam007 ( 722110 ) * on Sunday August 19, 2018 @05:23PM (#57156130)

    " I worry that Americans are, slowly but surely, losing their connection to the idea of private ownership. The nation was based on the notion that property ownership gives individuals a stake in the system. "

    Hardly. It made us into a bunch of hoarders.

    I know I don't own my kindle books, I'm using Kindleunlimited for a couple of bucks a month and I read a book almost every day. (I'm retired) Much cheaper than buying them.
    After my first kindle (I'm on my 6th) I donated almost 5000 books to a local library and now I got a full new room I can use.
    I also got rid of my music tapes, my music cassettes, my music vinyl, my music CDs, my super8 films, my betamax, Video2000 and VHS tapes, my Laser-disks, DVDs and blurays,Ditto for my photo albums.

    A small server does all that now.

    Good riddance.

    • Re:Hardly (Score:5, Insightful)

      by Anonymous Coward on Sunday August 19, 2018 @05:29PM (#57156154)

      It made us into a bunch of hoarders.

      Same here. When they stopped selling things I could legally play, I simply stopped buying. That doesn't mean I switched to rentals, though. And I don't abstain, either.

      Netflix didn't kill owned media. DRM killed owned media. It changed the most reasonable consumer approach from buying to pirating.

      You should pirate too. You. The person reading this. Stop paying money until they are willing to sell you something that you are allowed to play.

      Your life will be easier, have almost no ads at all, you'll have massively more selection, and shit is just overall all-around nicer. You also might save a little money too, if that matters.

      • Re:Hardly (Score:5, Informative)

        by Anonymous Coward on Sunday August 19, 2018 @06:21PM (#57156394)

        Also be aware of the attempts to turn computers into locked-down content rental/consumption devices. Support open hardware and software platforms where available, if you want to continue to own your own computing devices and software. The idea of ownership doesn't have to give way to rental, but too many people are ignorant and willingly chaining themselves within the walled gardens of large corporations. These entities desire to rent all works in perpetuity, and will continue to strip your rights until none remain. If you haven't already, please spend a few minutes to absorb The Right to Read [gnu.org].

        We have choices. Support creators that use a donation model, or at least sell their works in DRM-free formats. Paying for works that strip or violate your rights should be avoided if possible. Violating copyright is the moral option in these cases, or avoiding such works entirely. Publisher's including Disney have effectively stolen the public domain, and people should resist, or it will only get much worse. Copyright should be reformed or preferably abolished, as "intellectual property" is a highly regressive concept. See Everything Is a Remix [everythingisaremix.info] and Against Intellectual Monopoly [dklevine.com].

      • Ripping (Score:5, Interesting)

        by JBMcB ( 73720 ) on Sunday August 19, 2018 @08:56PM (#57156888)

        I have a friend who had a massive DVD collection and a really nice home theater setup. When he bought a DVD that he would plan on watching again in a short time span, he would rip it losslessly to another DVD (this was before massive, cheap hard drives.) He would set up the new DVD to only have the movie with the best soundtrack, and *nothing* else. You pop the DVD in and the movie starts immediately. No trailers, no menus, no ads, no warnings.

        The sad thing is he had to technically break the law to get something he owned into a format he wanted it in. He wasn't stealing anything or infringing on anyone's IP, he just wanted to watch what he payed for without wasting time.

    • This is me, as well (though I'm not retired). I always hated having to store and curate hundreds/thousands of books/DVDs/CDs - I'm interested in the message, not the medium. All my old stuff got ripped/scanned/uploaded, backed up, and I got rid of the physical media. For new stuff, all-you-can-eat services are perfect for me. For the few pieces of media I want to own, I get a digital version, and I'm done. No extra piece of plastic in my house, nothing had to be manufactured or transported, and I still get

      • Re:Hardly (Score:4, Insightful)

        by sjames ( 1099 ) on Sunday August 19, 2018 @07:44PM (#57156684) Homepage Journal

        I don't think you quite got the point of TFA. If you ripped and stored it, you still have ownership. It won't go poof just because you didn't make a subscription payment of someone somewhere changed their mind.

        TFA is about things that go poof.

      • Re:Hardly (Score:5, Interesting)

        by Powercntrl ( 458442 ) on Sunday August 19, 2018 @10:40PM (#57157258) Homepage

        For the few pieces of media I want to own, I get a digital version, and I'm done. No extra piece of plastic in my house, nothing had to be manufactured or transported, and I still get to enjoy it.

        You get to enjoy it until something happens to the DRM server, then like that South Park meme, ...and it's gone!

        I have a bunch of paid iOS games that died during the 32-bit purge [wired.com]. It's a bit ironic that I can fire up Windows XP under VMware and play Worms Armageddon (which I bought almost two decades ago), but my copy of UNO (yup, the card game) for iOS has gone to Apple's digital graveyard.

        Don't even get me started on Netflix removing content. It was what finally motivated me to set up my own server at home, and bought Fire Sticks to run Kodi, for each TV. Content providers can shove their "kill switch" up their ass.

    • Re:Hardly (Score:5, Insightful)

      by Anonymous Coward on Sunday August 19, 2018 @06:09PM (#57156334)

      You make good points. But the OP left out on important thing - take for example pieces of history than can (and have) been altered over time such that changes are made en-mass to all know copies at the touch of a button. Recently "little house" has original has fallen out of favor because of certain language. All CURRENT copies have been edited. The only way to read the original is if you find it in a REAL book.

      To your point, I do find it more convenient, but future generations may pay dearly for that convenience when history as _THIS_GENERATION_ knows is ceases to exist and is replaced by whatever the content holders wish.

      Need another example - Original version of Star Wars where Han shoots first. Can you stream that anywhere (legally)? didn't think so - the story has been altered, and future generations are none the wiser.

    • Re:Hardly (Score:5, Insightful)

      by Jetstream ( 911042 ) on Sunday August 19, 2018 @06:10PM (#57156338)
      I may be wrong (or old-fashioned), but isn't it the possession of those actual CDs & cassettes that give you the license to listen to the content on them? Once you pass those on to someone else, aren't you technically also giving away the license to listen to the content? (Not that anyone's going to be knocking on your door to check that all the content on your server is properly licensed. ......... probably.....)
    • Re:Hardly (Score:4, Insightful)

      by Sir Holo ( 531007 ) on Sunday August 19, 2018 @07:16PM (#57156570)

      After my first kindle (I'm on my 6th) I donated almost 5000 books to a local library and now I got a full new room I can use.
      I also got rid of my music tapes, my music cassettes, my music vinyl, my music CDs, my super8 films, my betamax, Video2000 and VHS tapes, my Laser-disks, DVDs and blurays,Ditto for my photo albums.

      A small server does all that now.

      Good riddance.

      Are you backed up in duplicate on two, non co-located mirror servers or drives?

      I hope so.

      • Were the original media backed up on different servers? Owning stuff carries with it a risk of loss -- get insurance or deal with it.

        If you want to be cloudfree, it's a lot easier to stick a few TB of hard drives in a safe deposit box than copies of 100s of tapes and CDs.

    • Until the first EMP destroys most of recorded history...

    • Re: (Score:3, Insightful)

      by vlad30 ( 44644 )
      My anecdotal evidence from personal observation is the size of land and homes McMansions dominate small blocks where people think all there entertainment is inside then they get an idea to buy a Boat, caravan and suddenly its cluttering the street as the house block doesn't have room to store it then they get rid of it when the local authorities complain same goes for garages and work areas to do physical hobbies even gardens, there is no pride in paying a landscaper to do all the work, then letting it all
      • by djinn6 ( 1868030 )
        The (relatively nerdy) young people I talk to tell me they're into gaming, Facebook, Netflix or YouTube. The more outgoing ones will mention various kinds of sports or festivals. A few will say drinking or recreational drugs.

        And before you tell me those don't count, let's take a look at the definition of the word "hobby" [merriam-webster.com]:

        hobby noun: a pursuit outside one's regular occupation engaged in especially for relaxation

        So by that definition, even following trending stuff on Twitter counts, unless they're paid to do it of course.

  • by asackett ( 161377 ) on Sunday August 19, 2018 @05:31PM (#57156166) Homepage

    If I don't burn fossil fuels acquire a book made of murdered trees processed with toxic chemicals, and instead transfer some bytes down a wire, I'm a bad American?

    Yeah, right.

  • by JoeyRox ( 2711699 ) on Sunday August 19, 2018 @05:32PM (#57156176)
    The notion of "ownership" makes perfect sense for things like houses and cars. For books, DVDs, and other IP-based materials? Not so much.
    • It also makes sense for hardware that you bought, and is violated if amazon can arbitrarily delete files on it.

    • by Kjella ( 173770 )

      The notion of "ownership" makes perfect sense for things like houses and cars. For books, DVDs, and other IP-based materials? Not so much.

      Other IP-based materials like your OS, your Office license etc. where you lose access if you don't pay upkeep? And short of MMORPGs I couldn't really imagine paying monthly fees for games. I think owning - well, owning-ish perpetual licenses anyway - bits and bytes is important, just not entertainment. I mean it's not Doctor Who episodes from the 60s, they're not going to get lost. It won't kill me to pay a second time to watch it a second time rather than guesstimate whether I'll want to watch this again l

    • The notion of "ownership" makes perfect sense for things like houses and cars. For books, DVDs, and other IP-based materials? Not so much.

      I would go one step further. I think for many people ownership of cars, bikes, ladders, hammers, and many other things is very inefficient. The average person uses a ladder maybe once a month yet it takes up space in their home year around. The average car sits idle 23 hours a day. It wasn't that long ago that communities shared many more resources instead of the private castles we have today and it makes sense to move back in that direction. Just like fractional reserve banking, a neighborhood with 20

  • by cirby ( 2599 ) on Sunday August 19, 2018 @05:32PM (#57156178)

    I have a much smaller physical library than I used to, true.

    I dumped almost all of my old magazines.

    But I have a LOT more of the sort of gadgets that I used to have one of, at most. Multiple desktop computers, a couple of laptops, several tablets, a phone, and an array of VR gear.

    Smaller number of things overall, but much more concentrated value, in general.

  • by Anonymous Coward on Sunday August 19, 2018 @05:34PM (#57156184)

    Americans haven’t “owned” anything in 2-3 generations. This trend is bad news for creditors and other bloodsuckers.

    I read more books and listen to more music than 10, 20 or 30 years ago. I call that an improvement, not a problem.

    I still have boxes of old paper books and CDs. They don’t give me an iota of an extra stake in some high ideal of ownership in America.

  • by Pfhorrest ( 545131 ) on Sunday August 19, 2018 @05:41PM (#57156214) Homepage Journal

    ... and that is capitalism’s fault, not an attack on capitalism. Capitalism wants most people owning nothing and being beholden to the property-owning elites.

    • by whoever57 ( 658626 ) on Sunday August 19, 2018 @06:17PM (#57156366) Journal

      Capitalism doesn't "want" anything.

      Assholes who claim to be capitalists (but are mostly crony-capitalists) want this.

      • Re: (Score:3, Interesting)

        by Pfhorrest ( 545131 )

        "Crony capitalism" is a misnomer. Nobody has to give favorable treatment to their cronies for property-owners to exploit non-property-owners. That's just capitalism. That's what capitalism is: a market distorted in favor of those who own capital.

        What you call "crony capitalism" is just capitalism. What you call "capitalism" is just a free market. A free market where capital is widely distributed in a decentralized way, not held by one class of people to the exploitation of another, is market socialism. "Soc

        • You can attempt to redefine things (presumably to suit your own preconceived notions) as much as you like, but it doesn't mean sh*t.

        • by jensend ( 71114 ) on Sunday August 19, 2018 @08:19PM (#57156784)

          As the other commenter said, your definitions have nothing to do with any standard use of these terms and everything to do with your personal screed.

          What they're calling "crony capitalism" is not just capitalism; indeed it may be said not to be capitalist at all. The entire point of Adam Smith's Wealth of Nations, which launched capitalism as an economic policy, was to oppose mercantilism - the system where the government granted special rights and benefits to particular companies to attempt to increase the government's power - by pointing out that such favors were not only unethical but also tended to impoverish the nation. From every problem with IP law (Eldred v Ashcroft, the patent mess, etc) to the closed-door 'tax incentive' discussions between cities and large corporations, there are a thousand ways in which people who sit on corporate boards or Chambers of Commerce or legislative bodies purport to support capitalism but actually work against a legally level playing field.

          Rent is not a market distortion. Your ideal of socialism and your notions of class are a century out of date as well as far removed from reality.

          The closest thing to what you're calling "market socialism" is called distributivism. Many bright people have thought about the problems of centralization but no one has found a practicable or just way to put real correctives into practice.

          • by Pfhorrest ( 545131 ) on Sunday August 19, 2018 @09:00PM (#57156900) Homepage Journal

            Adam Smith wrote nothing about capitalism he wrote about free markets. Try actually reading him.

            The term “capitalism” was coined by a socialist. Its conflation with “free market” (and “socialism”’s conflation with “command economy”) is the propagandist redefinition.

            The particular words you use don’t matter so long as you use enough of them to distinguish four different things:

            -a market where ownership is widely distributed among many people

            -the opposite of that, a market where it is concentrated in a few hands who can use that to exploit others

            - the orthogonal matter of a market where trades are dictated by a central authority

            - and the opposite of that, a market where trades are made freely between equals

            If you only use one word (“socialism”) for 1 and 3, and another word (“capitalism”) for 2 and 4, or worse still only talk about 3 and 4 using those words while others are talking about 1 and 2 using the same words, then it’s impossible to even have a meaningful discussion about any of this.

  • WARNING! (Score:5, Funny)

    by Dallas May ( 4891515 ) on Sunday August 19, 2018 @05:41PM (#57156216)

    NOTICE: ACTION REQUIRED

    Americans aren't filling their homes with crappy books they might have read once and will never read again. This is a warning that capitalism and freedom are at risk of disappearing!

    • by jdavidb ( 449077 )
      Yes - I bought my first kindle book and immediately converted from being a rabid capitalist libertarian to being a complete socialist!
  • by Voice of satan ( 1553177 ) on Sunday August 19, 2018 @05:42PM (#57156218)

    My ebooks are epubs stored on two RAID hard disks. I do not bother with kindles, my ereader is a cybook muse HD. They cannot erase my stuff. My music and videos are also files on my hard disc. I still have some classical books on real shelves. I took the habit of favouring digital books while growing up in Europe's tiny apartments.

    My steam library is licensed stuff that could disappear, though. My GOG games are "mine" but i could end up with incompatibilities with a too recent Linux distro and have my stuff unplayable. Although with all those emulators and retro computing stuff you never know.

    To each his own. I like my way of managing my digital assets. If you prefer other methods, more power for you. :)

    • by Anonymous Coward

      I do research on obscure, Latin literature of the sixteenth and seventeenth centuries. Back when owning physical books was the only way to read, I would have had to travel to European libraries to do research. Today I do it from home in America via HathiTrust and Google. Electronic books have opened up access to centuries of literature that had been lost to neglect.

    • My ebooks are epubs stored on two RAID hard disks.

      Yes, but do you have backups? ;-)

  • I stream music too. But I still buy music from bands I REALLY like.

    Only now because I do not do that as often, It means I can spend a lot more for some wildly packaged music, or a really cool experience with the band.

    Buying less doesn't mean the remaining things you do buy are treasured less; it is the opposite in fact, you treasure the remaining things you buy more.

  • by 93 Escort Wagon ( 326346 ) on Sunday August 19, 2018 @05:44PM (#57156230)

    There’s this place called a “library” which let’s you take out books for weeks at a time. Apparently the author never heard of it.

    I do have a Kindle. But I don’t often buy books, since that “library” place actually lets me check out Kindle books same as printed ones. Plus there are programs like “Kindle Unlimited” which will let you borrow lots of stuff too.

    There are very few books I want to read more than once... but those I do buy - and, when I buy a Kindle book, the first thing I do is strip the DRM off of it and save a backup copy.

    Same thing with movies... there aren’t that many I want to ever see more than once. Those few that I do, I purchase (and rip a DRM-free copy so I can stream them from my media box).

    Besides, the DVD/videocassette argument doesn’t really support the author’s premise. For most of the time movies have been around, people did not own them... that’s only the past few decades.

  • by viperidaenz ( 2515578 ) on Sunday August 19, 2018 @05:52PM (#57156270)

    Property ownership becomes a burden when you buy things that don't last as long as they should.

  • ... stay off my bank's lawn!

  • by rsilvergun ( 571051 ) on Sunday August 19, 2018 @06:05PM (#57156318)
    Middle class folks who own house and decent cars and have nice furniture in their homes probably can't relate to this, but a few books, records and some cheap Jewelry is pretty much the extent of the property most poor folks can accumulate. Having a large chunk of that become ephemeral may very well have consequences. Imagine having 20-30% of your populace feeling like they don't own anything. Conservative ideology generally comes from having something to lose. Lower income people are often very conservative as a result. Taking that away could change that political dynamic...
  • I own my stuff! Or, well, I have a personally accessible copy of the data available locally and/or in personal cloud storage.

    I of course didn't acquire these in, horror of horrors, traditional capitalist means and methods! I'm sure that makes me some sort of commie, and not the good commie like the Nazis say the Russians are now (didn't the Nazis have a treaty with them last time too?). Oh no, I'm an anti-corporate commie! That's the worst kind of all. But hey, I can access my data without paying an eter
  • First, having lots of stuff isn't necessarily healthy. I've had the family members that could have probably beaten any two exhibits on Hoarders combined with a large farmhouse, barn, and multiple sheds reduced to tiny crawlspaces and all sorts of safety and health hazards. They don't just hurt themselves doing that.

    Second, we shouldn't glamorize minimalism which relies on having great families, great jobs, trust funds, and social networks to work. Pretentious yoga types, don't preach. It's not minimalis

  • by brian.stinar ( 1104135 ) on Sunday August 19, 2018 @06:23PM (#57156398) Homepage

    Where's the actual article? The link in the headline has nothing to do with the quoted text. All the articles listed are just about Chinese economic activity.

    If you scroll down, the article under discussion is linked to here. [bloomberg.com]

    How about some actual moderation, slashdot...?

  • Amazon still sells books you know. Your choice.
  • by segin ( 883667 ) <segin2005@gmail.com> on Sunday August 19, 2018 @06:51PM (#57156484) Homepage

    The nation was based on the notion that property ownership gives individuals a stake in the system.

    The type of property that this refers to, is real property. The clothes on your back don't give you a stake, the ground beneath your feet does. This is why some feel those that only rent their home should not have the right to vote.

    • The nation was based on the notion that [real] property ownership gives individuals a stake in the system...This is why some feel those that only rent their home should not have the right to vote.

      Not entirely unreasonable. But how far does one take it? Is it a can/can't vote, period?

      What about when you own lots of property, though....is it fair that someone who has only a tenth of the stake you do (real property) has the same amount of say as you?

      Does this extend only to issues affecting property ownership (such as zoning, taxation, rights, etc) or to everything? If just to property issues, what about people with jobs? Is it fair that people without jobs be able to vote about issues that con

  • by quonset ( 4839537 ) on Sunday August 19, 2018 @06:56PM (#57156504)

    Go out and buy books, buy CDs and DVDs, buy the very things the author complains you no longer own.

    Yes, your OS isn't yours, and your phone is welded shut (as are Macs in general), but there is nothing stopping someone from going out and buying a physical product.

    But instead of doing this there will be those who will whine about the loss ownership.

  • I think it's sad that we're stepping away from giving kids the books we had when we were young.

    Yeah, there may be digital copies. But having a physical copy with your parent's name imprinted in them by your grandparents will be something sorely missed.

  • by ooloorie ( 4394035 ) on Sunday August 19, 2018 @06:58PM (#57156516)

    Americans, in particular, younger Americans, own less stuff because they are poorer. And they are poorer because half a century of progressive politics has transferred the wealth they should have been earning into the hands of crony capitalists, political elites, and government employees.

    Unfortunately, many younger Americans still believe that the answer to the government destroying their futures is to vote for more government and more taxes. Fortunately, more and more seem to be figuring out what's actually going on.

    • Politics in the US since Ronnie Raygun (may his memory be dust) became President have been more regressive than progressive.
      • by ooloorie ( 4394035 ) on Sunday August 19, 2018 @07:43PM (#57156678)

        Politics in the US since Ronnie Raygun (may his memory be dust) became President have been more regressive than progressive.

        A simple look at government spending and the size of federal regulations says otherwise.

        More specifically, the stagnation of middle-class incomes and the sluggish growth are clearly the result of more regulations (labor, environmental, health care, etc.) and more public spending.

        Though Reagan paid lip service to the problems of big government and the need to return to a liberal democracy, Reagan little to actually rein in progressivism.

  • We own lots of physical books. Frequently we can get a book for $15 at Costco but the ebook is the full retail price of $25. Why wouldn't you buy the physical version? Then you have the option of keeping it if you want to read it again, or lending it to someone, or giving it to a second hand book sale (which is a common charity). All you can do with an ebook is delete it.
  • no possessions. I wonder if you can.
  • One important aspect of ownership of a physical book is that it cannot be centrally altered or deleted. Since today even children's books are altered to fit some political agenda of the day, there is value in owning a copy of information that if just stored by some cloud service, can disappear any day.
  • It probably reflects just more of a transition of one sector of capitalism to another.

    But in the long run, I'm thinking owning less stuff per capita can only be good for the planet. Though less so for the people trying to sell that stuff.

  • until the powers that be de-platform your books or games. Not unlike the wave of things that got banned for showing a confederate flag or more recently Alex Jones. If you think that it can't happen to you or that you will always be on the right side of history you're at least taking a chance. Or you're a complete sheeple who goes whichever way the wind blows and has no principles in which case you're more likely correct. Just remember though that hysterias can go both right and left and both sides do t
  • > We used to buy DVDs or video cassettes; now
    > viewers stream movies or TV shows with Netflix.

    > Music lovers used to buy compact discs; now Spotify
    > and YouTube are more commonly used to hear our
    > favorite tunes.

    The erosion of property rights, and the elimination of the notion of personal ownership of media you've bought, isn't dying from lack of interest. It's been under assault for decades by powerful corporate thugs like Hillary Rosen, Lars Ulrich, and Jack Valenti. That lot has already

  • You didn't own a copy of a movie, CD or book.
    You owned a piece of plastic or a bundle of paper, and were granted a limited license to the content.
    In a lot of places it's still technically illegal to media-shift your CD so you can listen to it with your MP3 player.

    "big media" got the best of both worlds. They charge you for a licence to listen to a song. They charge you again when you buy a new CD because your old one got scratched - you don't get a rebate because you already own a licence. They charge you a

  • by Beeftopia ( 1846720 ) on Sunday August 19, 2018 @07:45PM (#57156694)

    Americans own less information, be it books, music or software. Heck, Americans have given up rights to their own information, tacitly trading it for services, like use of email and social media. Or to companies like Equifax, which our politicians allowed to happen.

    But physical objects? Kitchen knives, cars, houses, desks - that non-information stuff I think is harder to force a lease on. But if companies can figure out a way to force consumers to lease physical objects, that will happen too.

  • by account_deleted ( 4530225 ) on Sunday August 19, 2018 @09:01PM (#57156902)
    Comment removed based on user account deletion
  • by cas2000 ( 148703 ) on Sunday August 19, 2018 @10:40PM (#57157260)

    Normally, anything that reduces the average citizen's complicity in their own oppression by the powers that be(*) is a good thing....but replacing ownership of personal property with rental and/or licensing does not achieve that. it's worse. It removes even the choice to "opt-out" if/when you decide your life would be much better without wage-slavery (not uncommon if you manage to pay off your house mortgage or otherwise own it outright).

    (*) i.e. the actual capitalists (not the working and middle-classes who have been deluded into thinking that THEY are capitalists), the 0.001%, those who actually own & control everything of significant value - including the "means of production".

  • by bickerdyke ( 670000 ) on Monday August 20, 2018 @03:33AM (#57157986)

    The nation was based on the notion that property ownership gives individuals a stake in the system. It set Americans apart from feudal peasants

    Nothing set that apart from the feudal system. If you consider property ownership as the base of political participation, you basically have the feudal system back with the guys at the end of the food chain being the poor peasants and the guys with money who run the country.

  • by scourfish ( 573542 ) <scourfish@ y a h o o.com> on Monday August 20, 2018 @10:14AM (#57159158)
    My wife and I have a use it or lose it policy with most things in our house. We regularly toss stuff we don't need into a bin and either donate it to goodwill, scrap it, or throw it out. Digital storage of media is great for saving space. I don't have to deal with a wall full of DVD's, and my wife can check out books for free from the local library on her Kindle. It makes cleaning easier and opens up space.

The key elements in human thinking are not numbers but labels of fuzzy sets. -- L. Zadeh

Working...