> I personally believe that intellectual property as a whole doesn't make sense in the 21st century and should be abolished.
Do you believe that models should have no right to be compensated if some corporation takes a picture of them off the internet and uses it in their own ad campaign?
Do you believe that McDonalds should be free to make and sell happy-meal toys of whatever kids’ movie is hot lately, even using the logo of the movie in their advertising, with no obligation to compensate the people who made the movie?
Do you believe that if an inventor comes up with a new system for drug delivery and tries to sell it to some pharma company—but the pharma company turns around and does industrial espionage to get access to the technique themselves—then the pharma company should be able to just walk away with the new technology, with the inventor left with no legal recourse?
Those are all “intellectual property”, too. IP isn’t just software patents and overextended copyright terms. A world truly without any IP law wouldn’t be a utopia for innovation; it’d be a dystopia of every middleman having the legal right to produce and sell their own fakes of everything, to the point that brands cannot exist.
It’d be a world where every store, even the brick-and-mortar ones, even the ones selling things like drugs, work like shopping on Wish/AliExpress.
It’d be a world where e.g. the Coca-Cola company makes fake Pepsi products that looks exactly like the ones PepsiCo makes but which taste much worse, and puts them in stores beside the real PepsiCo products, to get Pepsi drinkers to buy those, taste them, think “Pepsi isn’t the same any more”, and switch.
It’d certainly be a world where every drug is just a generic, because you couldn’t maintain a drug brand in the face of identical dups—but it’d also be a world where even the generic store brands of drugs could be switched out at every step of the supply chain for cheaper/nastier alternatives, with no legal consequence (as long as the resulting drugs still met FDA standards.) Without IP law, there’d be no legal recourse to the suppliers who did that. It’d be, at best, a contractual dispute; and so would effectively always come down to the relative depth-of-pockets of the buyer vs. the elements of their supply chain.
Is that a world you want to live in?
Certainly, we need IP reform. But not even the most hardcore libertarian really wants to live in a world where every kind of IP right is unilaterally abolished. Having global capitalism entirely unfettered by IP rights, is like having a car entirely unfettered by brakes. You don’t get a faster car; you get a car that crashes into trees a lot.