Re:Witness the Freest Economy: the Internet
by dantheman on Monday October 19, 2009 @04:21AM
(#889712)
You are 100% correct. The fact that it's called intellectual property is a misnomer, it's a temporary government granted monopoly.
One common confusion is that Trademarks are often called intellectual property where they are more realistically anti-fraud devices. Though I believe that a trademark can only then be enforced by the defrauded party (the person buying the knockoff good) the person being knocked off has no recourse, unless they purchase the knockoff.
For much more about Austrian views on intellectual property, take a look at Against Intellectual Property by Stephan Kinsella.