Re:Did You Say “Intellectual Property”? It's a Seductive Mirage
by msbarnett on Sunday May 18, 2014 @01:37PM
(#7763671)
Genuinely curious: what do you think would be some other practical, achievable ways of ensuring that the people at a company like ARM get compensated for their work without "putting the force of the state behind their 'thought-property'"?
Re:Did You Say “Intellectual Property”? It's a Seductive Mirage
by habitue on Sunday May 18, 2014 @01:56PM
(#7763727)
We actually have a bunch of examples since there are many industries which don't have the ability to obtain copyright monopolies or patents (or either).
Here's a good list (I hope you'll excuse the libertarian source): http://wiki.mises.org/wiki/Without_Intellectual_Property
People are making money today doing creating intellectual products without the benefit of copyrights and patents, and they're some of the highest margin industries out there.
Your unexamined assumption here is that copyright monopolies are the only way to compensate people for work like this. That's not the case.