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Rent seeking kills innovation. Patents as currently legislated, issued and resold are overwhelmingly just tools for rent seeking. There probably is a theoretic
by TomMckenny 5y ago
Rent seeking kills innovation. Patents as currently legislated, issued and resold are overwhelmingly just tools for rent seeking.
There probably is a theoretical way to do it that encourages innovation but it’s hard to see a society ruled by self serving individuals not wrecking it pretty fast.