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The good faith interpretation is that innovation is spurred by having some guarantees that your innovation isn't immediately ripped off. It allows for investing more into R&D.

I'm not saying the current system achieves that, but it is part of the justification.

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A good faith interpretation at this point is voluntarily sticking your head in the sand to feign centrism. The purpose of a system is what it does, and ours, too predictably to be mere coincidence, permits capital to endlessly extract value from those actually creating it, to the detriment of those value creators, the people they create value for, and even if they're too dead inside to perceive it, the capital holders themselves.

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