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Right, right. The economic benefit is derived from a psychological effect: the expectation of personal gain. The economy as a whole benefits from technologica

• fc417fc802 9mo ago
  If someone shows up to work based on the expectation that they will receive a paycheck at the end of the month would you also describe that as a psychological effect? I certainly wouldn't. That's an economic activity. There's a psychological component regarding trust. Either that your employer would never try to cheat you or alternatively that your employer is the sort that might try to cheat you but won't thanks to our society's various systems. But the showing up to work itself is a simple exchange of time and skill for money.
  • spicyusername 9mo ago
    In the case that the IP, and thus the financial benefit, is not owned by an individual, but owned by a large corporation, as with your example, what does the individual care whether or not the IP is infringed? They don't. In this case democratizing the IP is more likely a social / economic benefit, not a harm. We're talking about intellectual property rights, the benefits of which only go to the intellectual property holder. Although how big a corporation has to be before we cross the line from social / economic harm to social / economic good is an interesting question.