Intellectual Property Is Broken [Dean Baker]

Innovation is increasingly detached from the profit incentive, and in-fact it has started to be a net detriment as walking off and gate keeping becomes the real profit generator.

It’s an issue that can’t be solved with regulatory oversight just because it’s at its heart a core issue with the structure and system of it all. You can try and ban bad behaviors but there is such a strong incentive to do those bad behaviors that people will inevitably find loopholes.

Restructuring systems is the only real solution when it reaches that point, but that is politically very difficult when the general consensus among decision makers at the highest level is “the government that governs least governs best”

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