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Irrational and anti-capitalist these are not. There is nothing free-market about a patent or copyright, they are exceptions to the free market meant to try and
by mattnewton 10y ago
Irrational and anti-capitalist these are not.
There is nothing free-market about a patent or copyright, they are exceptions to the free market meant to try and subsidize "innovation," and smart people are still arguing on whether or not that is working well today. There are other issues that the TPP forces the hand of the American legislative system to pass new restrictions where we had previously voted against doing so. It is an undemocratic, anti-free-market end run around the American legislative branch.
- pzone 10y agoThere are very good arguments in favor of the existence of patents and copyrights. Copyrights and and patent reward creators and innovators for their work. Of course giving these legal rights too much force (eg indefinite copyright, overly broad patent licenses) is harmful since it restricts further innovation and increases the price of consuming creative goods. But the question is not whether patents and copyright are pure good or pure evil, but how we should make use of these legal tools to improve society. http://economics.mit.edu/files/7720 http://economics.mit.edu/files/7720 http://link.springer.com/article/10.1007/s10887-015-9114-3 http://link.springer.com/article/10.1007/s10887-015-9114-3