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There is no such thing as Intellectual Property.

Thu Oct 1, 2009, 1:05 PM
Why do property rights exist? Because physical objects only exist once. (A piece of bread can only be eaten once, you can not build two houses at the same spot, only one person at a time can use a chair, and so on, you get the idea.)

I am sorry, but it really is that simple. There is nothing more to it than that. If you dont believe me, decode a economics textbook to plain english, and you will not get any more substance on the topic.

Physical objects are traded. Thats when you call them "goods".

What if you want to trade some thing that is not a physical object? That is called a "service".

People who want "intellectual Property" want something that is at the same time a good and a service. Why do they want it this way? Because they want to produce it as cheap as a service but then sell as expensive as a good.

They want the profit of a good, without the production costs of a good. What they get is imaginary economic growth. You can not make profit out of nothing. There is no such thing as a free lunch, and because of that, there is no such thing as intellectual property.

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