Cory Doctorow in The Guardian:
But though I've had that question posed to me thousands of times, no one has ever said which creators and which investors are to earn a living, and what constitutes “a living”.
Copyright is in tremendous flux at the moment; governments all over the world are considering what their copyright systems should look like in the 21st century, and it's probably a good idea to nail down what we want copyright to do. Otherwise the question “Is copyright working?” becomes as meaningless as “How long is a piece of string?”
Let's start by saying that there is only one regulation that would provide everyone who wants to be an artist with a middle-class income. It's a very simple rule: “If you call yourself an artist, the government will pay you £40,000 a year until you stop calling yourself an artist.”
Short of this wildly unlikely regulation, full employment in the arts is a beautiful and improbable dream. Certainly, no copyright system can attain this. If copyright is to have winners and losers, then let's start talking about who we want to see winning, and what victory should be.
More here. [Thanks to Kris Kotarski.]