Capitalism Done Right? Perhaps.

This is a nifty bit of widget right here: Goodstorm has created a service that allows users to create a “mixtape” widget to place on their MySpace, Facebook, or blog. Users select songs from the list of 2+ million songs in their back catalog from an array of labels, or they can upload their own creations.

Under the banner of “Capitalism Done Right” they offer a deal that allows everyone in on the cut. From the $.99 cost per track, each artist gets $.65. The complier of each mixtape gets a small portion of the sale as well.

The catalog is the usual mix of non-major, indie labels that can be found on many of the other non-traditional music retailers and outlets online.

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