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this post was submitted on 06 Feb 2024
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People payed $2,000 a ticket to see Taylor perform... that was their decision.
He's talking about all the people working at the label and concert agency. Do you think the technicians and riggers whot take care of all the audio, light and show effects get more money at her concerts? What about the people doing the security, check-in, cleaning and so on?
Try having a concert without any of these. There is hundreds of people working to make stadion concerts happen.
... they do that for all the acts... doesn't have much to do with how rich any particular performer is.
it absolutely does. every single worker that works under any labor agreement is making less than what their labor is worth. capitalism only works when you can make money off of how much someone is worth and not pay them the full amount. there is no incentive in capitalism to pay people what they are truly worth because that would mean no profit. she also profits off of countless years of technological advancements made by underpaid workers that allow her to have the production value and presence she has. i really find it hard to believe that people can't just see the plainness of how this labor thing works. why would anyone start a business if they couldnt profit off of their workers?
What you are saying is generally true in practice, but not an absolute feature of labor agreements. In the simplest case, two people working together can create more value/profit than each working individually.
A genius programmer and a genius game designer will do better together than apart, and there are a lot of reasons why they might organize so that one owns the business and the other takes a paycheck. Add in a graphic artist, an audio engineer, etc, and they are probably not all interested in becoming part of the business.
On the other side of the scale are publicly owned corporation where holding stock has nothing to do with generating value or profits. That is the heart of what makes capitalism capitalism, when the possession of sufficient capital produces leverage over workers and inherently unfair compensation.