Swedish Pirate Party founder Rick Falkvinge has written a column at TorrentFreak where he explains the basics of how a market economy works to any record company executives who are struggling to keep their now obsolete business model alive.
He compares it to what happened when the electric refrigerator made the iceman obsolete, and the ice delivery companies they had worked for disappeared:
We’re now seeing a repeat of this scenario, but where the distribution industry — the copyright industry — has the audacity to stand up and demand special laws and say that the economy will collapse without their unnecessary services. But we learn from history, every time, that it is good when an industry becomes obsolete. That means we have learned something important — to do things in a more efficient way. New skills and trades always appear in its wake.