Information as a Commodity:

Control and Benefit Are Morally Owed to the Source

Richard A. Wright

1. Introduction
2. Reframing the Issues
3. The “High Cost to Industry” Defense
3.1 Raw Materials as a Cost of Doing Business
3.2 The Cost of Correcting Past Inequities as a Cost of Doing Business
3.3 Originator Control of Materials as a Feature of Doing Business
4. The “Private” is “Public” Defense
4.1 Private Information and “Voluntary” Release
4.2 Private Information in the “Public” Domain
4.3 Autonomy as the Basis for Understanding Privacy
5. Toward a Resolution
6. Concluding Thoughts

The “Private” is “Public” Defense

Ware has pointed out the historical origins of the information industry in financial activities. The underlying basis of those activities, to assure good information and prevent unnecessary credit risks, thus significant losses, seems reasonable enough (although the current S & L crisis surely gives pause). And although abuses in the financial information industry have led to regulation of those activities, the conception of information sharing which those activities spawned remain unregulated.

At the heart of those activities is an assumption by the industry that claims to privacy are mitigated by two sets of circumstances: first, that the original source has “voluntarily” relinquished the information; and, second, that the information in question is made “public,” usually by entry into some governmental record, such as a court proceeding or legal filing.

Go to: 4.1 Private Information and “Voluntary” Release

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