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If the law creates artificial scarcity to enable certain types of enterprise (like technology and media), it is creating an incentive for companies in those ind
by Blahah 13y ago
If the law creates artificial scarcity to enable certain types of enterprise (like technology and media), it is creating an incentive for companies in those industries to exploit the legal situation as much as possible. Not only that, but publicly traded companies have a legal obligation to maximise profit for their shareholders[0]. Together these things mean that a successful company in these industries is one that tries to extend the artificial scarcity of their medium.
In other words, it's the law, not the companies, that are to blame. Change the law.
0: http://skeptics.stackexchange.com/questions/8146/are-u-s-companies-legally-obligated-to-maximize-profits-for-shareholders http://skeptics.stackexchange.com/questions/8146/are-u-s-com...