Real, tangible property rights result from natural scarcity and follow as a matter of course from the attempt to maintain occupancy of physical property that cannot be possessed by more than one person at a time. Intellectual property, on the other hand, creates artificial scarcity that does not naturally exist and can only be enforced by invading real, tangible property and preventing the owner from using it in ways that violate the supposed intellectual property rights of others …. Intellectual property also serves as a bulwark for planned obsolecence and high-overhead production.
Corporations rely on increasingly authoritarian legislation to capture value from propriety information…. Privileged, state-connected economic interests are becoming increasingly dependent on such controls. But unfortunately for them, such controls are becoming increasingly unenforceable thanks to Bittorrent, strong encryption, and proxy servers…. This has profoundly weakened corporate hierarchies in the information and entertainment industries. In this environment, the only thing standing between the old information and media dinosaurs and their total collapse is their so-called intellectual property rights.… Without intellectual property, in any industry where the basic production equipment is widely affordable, and bottom-up networking renders management obsolete, it is likely that self-managed, cooperative production will replace the old managerial hierarchies.
Here’s a neat little phrase that can be very handy when talking about economics: “freed market.” No, not “free market.” Freed market. Here’s why.
…The word “freed market” and the idea behind it have been discussed a lot at the Center for a Stateless Society. Here’s an excerpt from “Embracing Markets, Opposing ‘Capitalism’” by Gary Chartier that nicely points out the difference between the economic system we have today — and the free market libertarians want to see:
“To a very significant degree, the economic system we have now is one from which peaceful, voluntary exchange is absent. An interlocking web of legal and regulatory privileges benefit the wealthy and well connected at the expense of everyone else (think patents and copyrights, tariffs, restrictions on banking, occupational licensing rules, land-use restrictions, etc.). The military-industrial complex funnels unbelievable amounts of money — at gunpoint — from ordinary people’s pockets and into the bank accounts of government contractors and their cronies.” …