I do not see a problem with indefinite copyright protections. One of the assumptions is that everything being equal the same works would exist if it were not for copyright protections. However, I would argue without the extended copyright protections, most of these [future] classic works would not exist, simply because publishers/studios would not invest in the creation/distribution of the works initially. In other w…
So if you were an author, you would not write a book because royalties would cease coming in to your grandchildren X years after your death?
People and companies should be able to "own" their ideas for a reasonable period of time. The point of copyright is to "promote the useful arts" and to promote and reward creativity.
Allowing companies to own the Mickey Mouse story in the year 2213 does nothing to promote that. What purpose does that serve? Why should the government protect the right for generations of your descendants to be profit from the intellectual work of a distant ancestor? Why should shareholders in the year 2513 benefit from a cartoon produced in 1930?