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Scrooge and intellectual property rights
British Medical Journal ^ | December 23, 2006 | Joseph E Stiglitz

Posted on 12/26/2006 10:33:36 AM PST by A. Pole

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1 posted on 12/26/2006 10:33:39 AM PST by A. Pole
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To: A. Pole

Populist/collectivist baboonery. FTB. ["T" stands for "the" or "them"].


2 posted on 12/26/2006 10:36:37 AM PST by GSlob
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To: Willie Green; Wolfie; ex-snook; Jhoffa_; FITZ; arete; FreedomPoster; Red Jones; Pyro7480; ...
"Knowledge is like a candle, when one candle lights another it does not diminish its light"

Quote from Jefferson by a Nobel prize-winning economist Joseph Stiglitz (who was fired by the World Bank)

3 posted on 12/26/2006 10:38:56 AM PST by A. Pole (G.K. Chesterton: "Too much capitalism means not too many capitalists, but too few.")
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To: GSlob

Couldn't read past "we tolerate intellectual property rights". Only from socialist Britain could such silly drivel emerge.


4 posted on 12/26/2006 10:39:05 AM PST by The Westerner
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To: A. Pole

In before the old grouchy technical types that had to assign "their" patent rights to the company that wrote their checks and paid for the research equipment.


5 posted on 12/26/2006 10:40:52 AM PST by freedomlover (Sorry, a tagline occurred. The tagline has been logged.)
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To: freedomlover

That is normally covered in their employment agreement. As soon as they put their signatures on that dotted line, that's it.


6 posted on 12/26/2006 10:48:47 AM PST by GSlob
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To: GSlob

That's not going to stop them from bitching about it.


7 posted on 12/26/2006 10:51:34 AM PST by freedomlover (Sorry, a tagline occurred. The tagline has been logged.)
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To: A. Pole

I wonder if Joseph E Stiglitz would mind if I sold some books falsely using his name.


8 posted on 12/26/2006 10:54:02 AM PST by freedomlover (Sorry, a tagline occurred. The tagline has been logged.)
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To: freedomlover

Heck, just re-print his articls as your own, he won't care.


9 posted on 12/26/2006 10:55:04 AM PST by L98Fiero (A fool who'll waste his life, God rest his guts.)
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To: freedomlover

Well, as soon as one signs, one signs off their rights to bitch. In my former workplace they used to pay the patent awardees $1 a nose - a purely symbolic payment. The most one could honorably do in the bitching line would be to mention inflation and demand $ 1.25.


10 posted on 12/26/2006 10:55:40 AM PST by GSlob
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To: A. Pole
The prizes could be funded by governments in advanced industrial countries.

Could be and would be. And governments would decide who gets the money.

It is unfortunate that my colleagues in the research racket cannot see how anything could ever happen without government funding.

That said, I am not opposed to the idea of awarding prizes for innovation. It might be an attractive alternative to the current system of government research funding.

However, prizes would not not address the problems associated with other kinds of intellectual property. If I write a popular book, should I depend on the government to reward me with a prize?

11 posted on 12/26/2006 10:57:28 AM PST by Logophile
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To: A. Pole

Total socialist drivel, but it does touch on a few true points. Our system of "IP" is in fact based on benefit to society. Enrichment of creators is not an end in itself, but only a means to benefit society through incentive to produce scientific and artistic works.

Yes, our Constitution in a sense has a bit of socialist sentiment in it. "Intellectual property" is a misnomer, because there is no real property, only a granted limited monopoly right (not a natural or God-given right) that can be bought and sold as property.

However, in their wisdom, the Founders attempted to achieve a balance. Yes, monopolies are generally bad, but the idea was that the incentive a short-term monopoly gives outweighs the bad. Unfortunately, our current laws governing "IP" blow the balance way off center, away from society and towards the creators.

And I do say this as a holder of registered copyrights.


12 posted on 12/26/2006 11:03:39 AM PST by antiRepublicrat
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To: Logophile
That said, I am not opposed to the idea of awarding prizes for innovation.

It's a good idea, and it worked in the private sector. Just look at the Ansari X-Prize, and Burt Rutan getting a guy into space on an entire R&D and lauch cost that was a fraction of the cost of one NASA launch.

13 posted on 12/26/2006 11:08:23 AM PST by antiRepublicrat
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To: A. Pole

I thought this was going to address the notion of fair use and public domain. Works like Dicken's "A Christmas Carol" are popularly adapted because they ARE in the public domain.

Certainly the text is of no use to Charles Dickens these days.

But now corporate interests have postponed the inevitable lapse of copyright outward to 100 years (or more).

Patents lapse too.

A cure requires expensive research. Should a return on that investment be expected? Or should squaters be allowed to wait in the wings, contributing nothing, and reap the rewards on someone else's hard work from day ONE?


14 posted on 12/26/2006 11:15:41 AM PST by weegee
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To: A. Pole
The prizes could be funded by governments in advanced industrial countries.

I say let Bill Gates and other top billionaires sponsor it.

Or make oil wealthy third world nations pay for it (why only industrialized nations?). Certainly the Middle East (home to 5 of the world's 10 wealthiest men) doesn't trickle the money down to their citizens. Why should we have the West pay for it just because our citizens have a smaller disparity between the wealthy and the poor?

15 posted on 12/26/2006 11:18:39 AM PST by weegee
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To: GSlob; freedomlover

Many in the entertainment industry used to get paid as "work for hire".

The technical industries need to reward those that "get it done" more. Bill Gates does not have a billion dollar brain. He does not have vast insights. He has a talented staff. Agreed they are free to work elsewhere but the compensation in the industry is unjust.

In some industries (including the comic book industry) the courts have determined that the creators were undercompensated and at time of copyright renewal, they were allowed to challenge the corporations to regain ownership of their creations.


16 posted on 12/26/2006 11:23:25 AM PST by weegee
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To: weegee
But now corporate interests have postponed the inevitable lapse of copyright outward to 100 years (or more).

Corporate is, IIRC, 95 years. What's bad is life plus 70 for personal copyrights. If you write something at 20 and die at 100, that's a copyright term of 150 years -- totally ridiculous.

A cure requires expensive research. Should a return on that investment be expected?

Definitely. Merck deserves to reap billions in net profit for Gardasil (HPV vaccine, prevents most cervical cancer). Unfortunately, the drug companies have a habit of making a trivial change to a drug and then patenting that change in order to effectively extend the original patent. Society paid them by giving them a limited monopoly, but they don't want to uphold their end of the bargain. They want that monopoly forever.

On a slight tangent, the drug companies keep us from getting cheap foreign drugs. The reason is that the drug companies sell in socialist countries that put a cap on what the drug companies can charge for drugs. They charge us more here to make up the difference and write laws so we can't go get the cheap foreign version. This in effect has us subsidizing socialist health care systems around the world. I say screw the socialists and charge them fair market price if they want the drugs at all.

17 posted on 12/26/2006 11:29:54 AM PST by antiRepublicrat
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To: A. Pole

To the author: Okay, you Marxist buffoon. If society, specifically your government, or the governments of the world, feel that it is so important to give this intellectual property away without getting any compensation for it, you should pay a fair price, say 200 billion per patent beyond development costs, and buy the damned things from the patent holders. Then it's your intellectual property you'll be giving away, not someone elses.

Of course, don't use any of my tax dollars to do it. Use some of the money that wealthy Doctors receive and use to buy themselves golf club memberships and BMWs (working doctors who don't make those outrageous fees would be exempt). Slap a special tax on the proceeds gained by tort lawyers from contingency fees in malpractice suits (not the victims, the lawyers) and on all such fees in class action suits beyond, say $50/hour "normal and customary" legal fees. Best idea of all, put a 150% tax on all income derived from anything to do with abortions and use that money. All of those things would not only give you the funds to pay the intellectual property holders a fair return for their investment (and genius) but would also provide a disincentive for all of the listed activities which are far more morally repugnant than scientists and the companies that employ actually making money from their labor.


18 posted on 12/26/2006 11:36:35 AM PST by Phsstpok (Often wrong, but never in doubt)
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To: The Westerner

Off topic a bit.

I couldn't get pass this:


"Dickens's story of Scrooge, who cared more for money than for his fellow human beings"


If anyone actually read and understood the ending of the story, Scrooge lived the rest of his life and celebrated the true meaning of Christmas as none had ever done before or since. (Paraphrasing on my part)

Scrooge eternally has gotten a bum rap.


19 posted on 12/26/2006 11:45:07 AM PST by RedMonqey ( The truth is never PC)
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To: antiRepublicrat
Unfortunately, our current laws governing "IP" blow the balance way off center, away from society and towards the creators.

There is a way to fix that; any IP that is not in use within a certain [two][five] year time-span reverts back to public use.

20 posted on 12/26/2006 12:02:45 PM PST by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional.)
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