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The Blockchain Socialist

Musicians of the World Unite and Decolonize the Music Industry feat. Rich Jensen from Resonate

98 min • 14 juni 2020

This week I spoke with Rich Jensen (@richjensen), Co-op Executive of Resonate (@ResonateCoop). Resonate is a cooperatively owned music streaming platform aiming to give more power to artists rather than corporate record labels and VC-funded tech companies.On average their model gives a larger payout to artists as compared to other music streaming platforms like Spotify. Rich has had a long career in the music industry of starting ventures and has a passion for decolonization.

During the interview we spoke about the recent history of music culture creation, it's commodification, and how the music industry was affected by P2P platforms like Napster. We discuss how blockchain could be used to help in making sure artists receive the value of their work rather than being exploited by companies or otherwise. We then connect how this model could be used to help in efforts to decolonize the oppressed including indigenous and black communities. Since Rich is based in Seattle, we also talked about his recent experience in the Capitol Hill Autonomous Zone (#CHAZ) and the legacy of Kurt Cobain.

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ICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who’s work influenced me a lot in my thinking.

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