Quote from: Zero Talent on May 05, 2022, 00:32
"The middleman" is not a "parasite", but a critical component of the market, a component allowing the expertise to flourish, instead of being wasted with collateral activities.
The farmer can focus on farming, and the photographer on photography, while the middleman is bridging the gap between expertise and customers.
Obviously, there are always middlemen trying to push their luck, but the market has a natural tendency to reward those middlemen who understand where the equilibrium point is.
Well agree or disagree, the role of the middleman has changed in recent years. Middlemen used to be tour operators, travel agents, taxi companies, banks, auction houses. Some still exist. I lived on as a golf tour operator because of unique local knowledge and connections but a stock provider telling me which picture I should use? I don't think so.
I have been selling on Etsy lately, not photographs, just clearing a house. Users have called a strike because selling fees have gone up to 6.5%. I compare it to auction houses (typically 29% plus moving and photography fees (harrumph) and think it a bargain. I compare it to stock sites and my eyes pop out. What is it the stock sites do with a large-scale search that entitles them to so much of contributor earnings?


