Today I respond to criticisms of my stance on intellectual property not being a valid form of property.
Additional info or things I forgot to or should have mentioned:
I keep mentioning copyright and patents... But IP also includes trade secrets and trade marks. They are problems in their own light.
Monetary compensation is not the only reason people innovate, and there are people that innovate without the presence of monetary compensation.
http://c4sif.org/2011/02/intellectual-propertys-great-fallacy/The following was also mentioned to me in feedback that I agree with 100%: "You also say that IP laws "right now" are stifling innovation. that implies that it's just "gone too far" and a minor amount of IP might not stifle innovation. I think this is wrong. It's like minimm wage: a $100 min wage would obviously cause massive unemployment; a $5 min wage , it might be hard to see the effects, and they may be small or trivial but we know by logic it has some effects."
My original video:
David's Response video:
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