> What shows market value is the desire for that product.
I disagree with this completely. There's a tremendous desire for oxygen. Literally every human being needs it nearly every second of their life. However, it has no market value because it's freely available wherever you go. You're basically saying that price should be determined solely by demand, regardless of supply. You're ignoring fully half of economic theory.
Yes, there is a huge demand for digital copies of music and video, but there's also an infinite supply of them.
I disagree with this completely. There's a tremendous desire for oxygen. Literally every human being needs it nearly every second of their life. However, it has no market value because it's freely available wherever you go. You're basically saying that price should be determined solely by demand, regardless of supply. You're ignoring fully half of economic theory.
Yes, there is a huge demand for digital copies of music and video, but there's also an infinite supply of them.