The way I see the whole cycle happening is illustrated by the Music Industry.

It started with recorded music, radio. It began hitting it’s stride post war, eventually leading to the explosion of the 60′s. The product they had to sell was teenage rebellion. And sell they did, reflecting/defining a culture.

Then a situation arose. No longer did their rebellious customers need to obey anyone even to get music. They could set up their own networks, thank you very much. Any measure of trust and respect had been determinedly beaten out of the culture by the industry that now needed that trust and respect to get money for their product.

All of a sudden rebellious culture costs money, so now we have all these former disrespecters of rules pontificating on how copyright must be respected.

And around it goes.

What, pray tell, is the difference between the New York Stock Exchange and associated firms, and the Salt Lake City exchange, or the Vancouver stock exchange, built as a den of liars and thieves to take advantage of mining stock games?

In other words, everyone forgets the foundation upon which their prosperity and security is built, then actively undermine that foundation, and sadly wonder what went wrong.

Derek