Linked by Thom Holwerda on Mon 18th Apr 2011 21:29 UTC
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Member since:
2009-06-30
There was never any real need for patent or copyright systems. They were invented after the fact, purely for protecting the interest of large manufacturers or publishers at the time.
Patents or copyright do only one thing - they suppress the competition. And lack of competition is never good for consumers, period. Saying that companies wouldn't have incentives for innovation? They had better innovate like crazy unless they wanted to go bust.
The point is, the world without patents or copyright would develop just fine, probably better than now. Just look at the fashion industry, where there is still very little regulation (although French and Italians are trying to change it) - you can't say it suffers from the lack of innovation or that it is not profitable, can you?