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what about the drug industry? the movie industry? Furthermore the idea that artists aren't motivated by profit is wrong. It is true that unlike -- say investme
by stanfordkid 15y ago
what about the drug industry? the movie industry?
Furthermore the idea that artists aren't motivated by profit is wrong. It is true that unlike -- say investment bankers -- they have intrinsic value for the work they are doing this does not negate the fact that they also want profit.
- luriel 15y agoThe drug and movie industries are your best examples of healthy innovation and creativity? Really? They are some of the closer examples to cartels you will find anywhere. There is also plenty of evidence that shows historically industries have done better when free of intellectual property. For details see this book by two respected economists that looked into the issue: http://levine.sscnet.ucla.edu/general/intellectual/against.htm http://levine.sscnet.ucla.edu/general/intellectual/against.h...
- v0cab 15y agoCould you explain why they are cartels? I don't disagree (I say, for the benefit of my comments history); just looking for info.
- luriel 15y agoBoth are very aggressive towards anyone trying to disrupt their industry (eg., generic drugs or online distributions for example), and both use government power (regulations, patents, DMCA, etc.) to try to preserve their control over their market. How pharma companies (ab)use patents is a great example, they will patent some drug, and then wait until the patent has almost expired, and then make the slightest modification (sometimes in something as basic as packaging for 'slow release' or whatever) and patent the same thing again.