Earlier quoted context omitted.
Power accumulates the same way rivers flow into the ocean If there is no continuous effort to tax rich people and split up political power, democracy will fall back into feudalism
Asking someone who knows history better than I do: Is it the case that every time a society has developed extreme wealth concentration, that concentration gets diffused only via violence? E.g., by internal revolution or by takeover by another country?
New USPTO Memo Makes Fighting Patent Trolls Even Harder
101–109 of 109 posts
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#102Earlier quoted context omitted.
If it can't be reduced to practice, then it's a vanity patent, but also, impossible to violate.
A patent application is a constructive reduction to practice. MPEP 2138.05. https://www.uspto.gov/web/offices/pac/mpep/s2138.html#:~:tex...
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#103Earlier quoted context omitted.
It's always been this way. The "rags-to-riches" stories are fabrications to keep the average worker thinking they have a chance. You have a better chance of winning the lottery, which coincidentally, is another psyop to keep people believing that they have a chance.
> You have a better chance of winning the lottery You are off by several orders of magnitude - a person starting in wealth quintile 1 (numbered poorest to richest) has an ~18% chance to reach quintile 4 or 5, and starting from quintile 2, that rises to 25%. Source: Figure 1, https://www.brookings.edu/articles/stuck-on-the-ladder-wealt...
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#104Earlier quoted context omitted.
Asking someone who knows history better than I do: Is it the case that every time a society has developed extreme wealth concentration, that concentration gets diffused only via violence? E.g., by internal revolution or by takeover by another country?
the US Gilded Age into the Great Depression, Labor Movement, and New Deal appears to be a counterexample.
That's certainly the argument made by those within American society who want to undo the legislation and institutions by which those changes came about.
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#105Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#106Earlier quoted context omitted.
> You have a better chance of winning the lottery You are off by several orders of magnitude - a person starting in wealth quintile 1 (numbered poorest to richest) has an ~18% chance to reach quintile 4 or 5, and starting from quintile 2, that rises to 25%. Source: Figure 1, https://www.brookings.edu/articles/stuck-on-the-ladder-wealt...
Well I think that the PSID, which supplies the data for that paper/article, is fundamentally flawed and the potential error margin is too huge for it to be taken seriously.
The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world
The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families in the United States. Information on these individuals and their descendants has been collected continuously, including data covering employment, income, wealth, expenditures, health, marriage, childbearing, child development, philanthropy, education, and numerous other topics. Over 7,600 peer-reviewed publications have been based on the PSID.
How flawed do you think it is and why? What is the potential error margin? 20%? 200%? 1000%?
And if this data is flawed, which alternative, better data did you base your statement on? The one about wealth mobility being largely a myth.
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#107Earlier quoted context omitted.
The defense to this is multiple LLCs and licensing schemes. Just like the troll, don't hold any assets in the vulnerable LLC. If Walmart sells a bootleg shirt the IP holder can't sue the company that cleans the parking lot.
That is a lot of effort, and expensive Probably ineffective too, as some part of your firm must hold the assets, and that's the part that gets sued
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#108Earlier quoted context omitted.
Because it's generally considered bad policy to make it illegal for poor people to sue.
Yeah, that's trivial. But law has so many edge cases and seemingly it always favor either powerful or wealthy individuals. Plus, poor people cannot afford the litigation costs...
Re: New USPTO Memo Makes Fighting Patent Trolls Even Harder
#109Earlier quoted context omitted.
Well I think that the PSID, which supplies the data for that paper/article, is fundamentally flawed and the potential error margin is too huge for it to be taken seriously.
This PSID? https://psidonline.isr.umich.edu/ The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families in the United States. Information on these individuals and their descendants has been collected continuously, including data covering employment, incom…