Earlier quoted context omitted.
> But giving them artificial monopolies is bad - right ? No, not in and of itself. It's a messy compromise. Things like software patents are pretty much just bad . Copyright, in a limited form, seems to be good. Patents on things like medicines can be good in that they pay for research. All of them should be more limited than they currently are, most likely. Linux works, but who's to say it's 'optimal'? Given the hug…
>Linux works, but who's to say it's 'optimal'? Given the huge amount of value it creates, I think relatively little filters back into the development of the system. And that's the crux of the problem. You seem to think that it's optimal if it puts money in to developers pocket. I'm saying it's optimal it provides more value for less cost to the consumer. Market is about consumers not about producers. >If no one pays…
No, I'm saying that if no money flows to developers, it's suboptimal because consumers lose out too.
It has to be a balance, and IP has been a pretty good, if imperfect, way of achieving that balance.
That's not to say I don't think IP needs an overhaul. I do, however, think that IP is part of the solution and not just 'bad'.