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Yep, I hate Patents, but not because of their core value, but because of their expiration length. They need to have a variable length based on the type of techn
by systemvoltage 4y ago
Yep, I hate Patents, but not because of their core value, but because of their expiration length. They need to have a variable length based on the type of technology, ease of manufacturing or scaling, as well as industry sector.
Designed a novel ordnance for the military? 30 year patent grant. Designed a new ziptie with RFID? 5 years. Patented a rounded corner button on the iPhone? Outright reject with no refunds and a penalty for wasting time.
I do see value of a patent-free society that can produce things fast and cheap, i.e. Shenzhen/Guangdong. I don't know if there is a way to have both systems co-exist in some form of a hybrid society without eliminating free markets.
I also don't get the hate packaged in the form of the term "Capitalism". Usually, they mean "Crony capitalism".
- LesZedCB 4y agomarkets misallocating resources in the name of profit instead of public good aside -- capital, or property, often has a dubious history of ownership. nearly all of the land that factories are built on or resources are extracted from was stolen. that's not even touching surplus value. I recommend reading the first chapter or two of Capital if you want more info.