BLACK HAWK MINES MUSIC: How the Music Industry Explains Inequality, Globalization, Middle-Class

[alenakozlow]

The simplest way to explain both trends in the same breath is to say that globalization and technology have conspired to give the world unprecedented access to the best stuff (songs, socks, smartphones). This gives the best producers (of songs, socks, and smartphones) access to more wallets than ever. And that helps the folks behind the world's best songs, socks, and smartphones use their best-in-class status to gobble up more money than ever before.