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sure there is ... any centrally allocated system of real or artificially scarce resources based on market dynamics works this way. For instance, radio frequenci
by kristopolous 9y ago
sure there is ... any centrally allocated system of real or artificially scarce resources based on market dynamics works this way. For instance, radio frequencies, water rights, domain names and ticket scalping. In some municipalities liquor licenses, mobile network providers, broadband, and now marijuana licenses work this way too.
I wouldn't be surprised if banks, cosmetologists and realtors were like this too, but I don't know enough about them.
- adamlett 9y agoNot to mention the music industry or really any industry whose business model is enabled by copyright.
- em3rgent0rdr 9y agoMore broadly: not just copyright but intellectual-property in general, which is government-granted monopoly protection.
- adamlett 9y agoYou're right in principle, and I thought about writing the same. But trademarks are IP too, and I have a hard time seeing how this applies to them. I also think copyright is far worse than patents for a few reasons. Firstly, patents do expire, whereas copyright never seem to. Secondly, patents disputes are mostly between businesses, which mean the forces are roughly equal on either side. Copyright disputes are sometimes between businesses, but more often than not, they are between businesses that hold the copyright on one side, and consumers on the other. And in those cases, the balance of power is tilted massively in favor of the right’s holders. Which I am guessing goes a long way to explain why the copyright period keeps getting extended.