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>Taking IP is not a "wealth transfer"; it's wealth copying. Try "wealth division", by the very act of more people having access to the rights the earnings from
by Psyladine 7y ago
>Taking IP is not a "wealth transfer"; it's wealth copying.
Try "wealth division", by the very act of more people having access to the rights the earnings from its exploitation are distributed.
If I own the patent to the screw, I make all the money from its sale and use. There isn't more money created if you steal it and sell the plans to a hundred thousand fabricators who compete for the same and further markets.
- sgc 7y agoThat's not true in the case of creating new markets either geographically or catering to clients who would not be in the market otherwise. If you as the rights holder don't, won't, or refuse to capitalize on those opportunities otherwise, it makes no difference to your bottom line - or might even increase it due to additional advertising by third parties/network effects. In that case (which exists to some extent or another in many common scenarios), it is wealth multiplication.
- Psyladine 7y ago>That's not true in the case of creating new markets either geographically or catering to clients who would not be in the market otherwise. This is such a thieve's attitude, "what good is money sitting in this rich man's house unused, when I can create opportunities for all who I would spend it on?"
- sgc 7y agoNo it's not, I am just talking about a reality without judging it. Regardless, this is not money but copying of information, with some similarities and some differences which we would all do well to recognize.