The Disintegration of the Music Industry and the Road to Distributism
Technological advances are rendering large record companies and their record deals superfluous. They cannot sustain themselves, and will break into smaller entities. G.K. Chesterton, an early proponent of distributism, said, “Too much capitalism does not mean too many capitalists, but too few capitalists.” Breaking apart the large record companies into several smaller units means more capitalists. Unchecked capitalism in the music industry has lead to homogenized radio airplay and a few large record company monopolies. Strong distributist strains in a capitalist society can be an effective counter for power accumulating in too few hands.
