Yes but the statement was “this is how free markets always end”. And I’m just wondering if the commenter has actually been around to see “free markets ending.”
license enforcement is a thing because if someone bypasses it you can sue them, which is a government interaction. Technically, claiming X means nothing if there’s no one that enforces your claim.
Really? Calling it a government enforced monopoly seems very disingenuous.
Good luck trying to make a movie without Disney stealing it or making an invention with really effective solar panels or something without the biggest companies stealing it and bankrupt the original creator.
Copyright and patents protect everyone involved in creation and while there are a LOT of problems with the systems. Removing it entirely seems like the biggest overcorrection possible.
Companies such as Disney have armies of lawyers to enforce their monopolies. Copyright and patent laws are designed exclusively for the rich.
Disney can very well “steal” other people’s work and get away with it under this system. Without such laws, everyone else would be able to “steal” from Disney as well, which would level the playing field.
The playing field won’t be level without patents or copyright.
Why would I an average idiot make or invent something if the exact second I show the world my invention someone takes it and mass-produces it within a week? I have no chance to raise capital to make the invention myself if you can already buy it in every store.
The Chinese manufacturing industry essentially does this already but to a lesser degree. Imagine if every company did that. No small companies or individuals would stand a chance against Goliath.
And again the word monopoly is very misleading in this discussion, especially when it comes to copyright. There is absolutely nothing stopping anyone from making superhero movies just because Marvel/Disney owns a lot of superhero rights. You are just not allowed to make an exact copy of their movie but you are allowed to make similar movies all day long.
Another example is a professional photographer. Do you really think that they should be awarded no rights whatsoever to the photograph they took?
The same obviously applies to huge companies as well. Why make a movie if it’s available for free download literally everywhere.
How do you propose that the makers of content, inventions and products get paid? Donations? Get real, that won’t happen.
Or trade secrets. “Perfect information” is a removed. Not to speak of “perfectly rational actors”: Say goodbye to advertisement, too, we’d have to outlaw basically all of it.
Trade secrets don’t need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.
It’s not so much that they’re wrong is that they’re impossible in practice. Axioms, by their very nature, cannot be justified from within the system that they serve so “true” or “false” aren’t really applicable.
The model does have its justification, “given these axioms, we indeed get perfect allocation of resources”, that’s not wrong it’s a mathematical truth, and there’s a strain of liberalism (ordoliberalism) which specifically says “the state should regulate so that the actually existing market more closely approximates this mythical free market unicorn”, which is broadly speaking an immensely sensible take and you’ll have market socialists nodding in agreement, yep, that’s a good idea.
And then there’s another strain (neoliberalism) which basically says “lul we’ll tell people that ‘free market’ means ‘unregulated market’ so we can be feudal lords and siphon off infinite amounts of resources from the plebs”.
Wrong as in not sound. An argument can be valid assuming its assumptions are true. The argument is the model, which really is a set of arguments. Its assumptions which are taken axiomatically are as you say impossible, therefore they are not true (which I called wrong). So the argument is not sound. I’m not saying anything different than what you said really, just used informal language. ☺️
This is 100% capitalism. It’s not free market to have a goverment-enforced monopoly.
This is textbook late stage free market ideals at work. This is how the free market always ends.
X -
The system is broken.✅ - The system is working exactly as intended and must be destroyed.
Problem is that most people who say that, have nothing to replace that works better.
Liquid democratic socialism
Yeah the system that actually exists, capitalism.
The system is down
Light switch rave!
The Cheat is grounded!
Sorry have you been around to observe a lot of free markets ending?
Gestures wildly at current state of things
Yes but the statement was “this is how free markets always end”. And I’m just wondering if the commenter has actually been around to see “free markets ending.”
When did it start?
What’s government enforced about it? Is ARM the only allowed chip designer for cellphones?
Copyrights and patents
Lol copyrights and patents are capitalism
I agree
That’s not a government enforced monopoly. A government enforced monopoly means nobody else is allowed in the market. Like utility companies.
Nobody else is allowed to sell these phones without licenses
Lots of Utilities are consumer cooperatives which is funnily enough Socialist, but the people working there wouldn’t like to hear that.
license enforcement is a thing because if someone bypasses it you can sue them, which is a government interaction. Technically, claiming X means nothing if there’s no one that enforces your claim.
You are correct. There would be no copyrights or patents in a free market.
Yeah, the huge companies would dominate over small companies even more than they already do.
Copyrights and patents are literally government enforced monopolies for huge companies. Without them, there would be a lot more competition.
Really? Calling it a government enforced monopoly seems very disingenuous.
Good luck trying to make a movie without Disney stealing it or making an invention with really effective solar panels or something without the biggest companies stealing it and bankrupt the original creator.
Copyright and patents protect everyone involved in creation and while there are a LOT of problems with the systems. Removing it entirely seems like the biggest overcorrection possible.
Companies such as Disney have armies of lawyers to enforce their monopolies. Copyright and patent laws are designed exclusively for the rich.
Disney can very well “steal” other people’s work and get away with it under this system. Without such laws, everyone else would be able to “steal” from Disney as well, which would level the playing field.
The playing field won’t be level without patents or copyright. Why would I an average idiot make or invent something if the exact second I show the world my invention someone takes it and mass-produces it within a week? I have no chance to raise capital to make the invention myself if you can already buy it in every store. The Chinese manufacturing industry essentially does this already but to a lesser degree. Imagine if every company did that. No small companies or individuals would stand a chance against Goliath.
And again the word monopoly is very misleading in this discussion, especially when it comes to copyright. There is absolutely nothing stopping anyone from making superhero movies just because Marvel/Disney owns a lot of superhero rights. You are just not allowed to make an exact copy of their movie but you are allowed to make similar movies all day long.
Another example is a professional photographer. Do you really think that they should be awarded no rights whatsoever to the photograph they took?
The same obviously applies to huge companies as well. Why make a movie if it’s available for free download literally everywhere.
How do you propose that the makers of content, inventions and products get paid? Donations? Get real, that won’t happen.
Or trade secrets. “Perfect information” is a removed. Not to speak of “perfectly rational actors”: Say goodbye to advertisement, too, we’d have to outlaw basically all of it.
Trade secrets don’t need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.
Are you telling me that the axioms behind the simplistic model are wrong??
shocked-pikachu.jpgIt’s not so much that they’re wrong is that they’re impossible in practice. Axioms, by their very nature, cannot be justified from within the system that they serve so “true” or “false” aren’t really applicable.
The model does have its justification, “given these axioms, we indeed get perfect allocation of resources”, that’s not wrong it’s a mathematical truth, and there’s a strain of liberalism (ordoliberalism) which specifically says “the state should regulate so that the actually existing market more closely approximates this mythical free market unicorn”, which is broadly speaking an immensely sensible take and you’ll have market socialists nodding in agreement, yep, that’s a good idea.
And then there’s another strain (neoliberalism) which basically says “lul we’ll tell people that ‘free market’ means ‘unregulated market’ so we can be feudal lords and siphon off infinite amounts of resources from the plebs”.
Wrong as in not sound. An argument can be valid assuming its assumptions are true. The argument is the model, which really is a set of arguments. Its assumptions which are taken axiomatically are as you say impossible, therefore they are not true (which I called wrong). So the argument is not sound. I’m not saying anything different than what you said really, just used informal language. ☺️