Saturday 24 May 2008

Market Principles Do Not Discriminate

The London music scene is not really a scene as such, but more a collection of various cliques, that will exchange and initiate members depending on the hype surrounding the individual.

There is one main reason for this, and that is scarcity. Scarcity is the simple idea that when there is not very much of a certain resource, then the value of it rises accordingly. This we are all acutely aware of with the price of oil shooting through $135 a barrel yesterday. The opposite happens in London with musicians.

There are thousands and thousands of "musicians" in London, and just as many "bands". I'm sure your next door neighbour is in a band, if you were to by chance talk to them. There are also many venues. With so much choice...there is little focus, and hence, zero vibe. In London, musicians hardly ever get paid when they play, nor receive any consolatory perks...not even respect (though this is often justified depending on the goons that are performing). If i have to hear one more promoter tell me that i have to sacrifice a month of my life, by not playing any other night except theirs, i will take my razor to their Sales' cords!

Hype is the way a sales man can make more profit from essentially the same product that is being sold elsewhere in the market. Hype is disseminated through various channels that the general public "trust" or allow themselves to infiltrate their consciousness.

Let's not fool ourselves here, we're all wanting to make money from our "talents". It is business after all, based on profit, making as much as possible from as little investment. Just the same as farming fields, building cars in factories, online legal publishing etc.

Market principles do not discriminate, nothing is safe, there is no loophole for the arts that keeps them dignified and held in reverence.

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