Valuating intellectual property
What’s the worth of a piece of writing? How does one arrive at a realistic justifiable measure of remuneration?
Some say it is the value the writer places on it. The price of thought, of creation, of a labour of love – the value of twenty six letters, free space and a bunch of strange looking symbols strung together, speaking thoughts, describing emotions, painting visuals in ways that can only start to give a voice to imagination.
Alas, what does one then do with the pearls, gems, emeralds, rubies, (you get the point..) produced by underestimating wretches especially lacking in the assurance department? A vaguely Emily Dickensonish malaise? Or should we even venture out to think about big bags of hot air, just waiting to unleash themselves on unsuspecting souls?
Some might say that it ought to be the amount that another will pay to read it. Market dynamics, my friend! The law of demand and supply – if no one wants to read it, it ain’t worth a damn dollar! He who shouts the loudest, usually gets the best exchange.
Sigh, need one say much about the Chetan Bhagats of the world or for what could be reminiscent of Van Gogh’s life in the literary world? Can one really put a price on the work of something that might actually be far ahead of its times?
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