Against Monopoly

defending the right to innovate

Intellectual Monopoly

Monopoly corrupts. Absolute monopoly corrupts absolutely.

Copyright Notice: We don't think much of copyright, so you can do what you want with the content on this blog. Of course we are hungry for publicity, so we would be pleased if you avoided plagiarism and gave us credit for what we have written. We encourage you not to impose copyright restrictions on your "derivative" works, but we won't try to stop you. For the legally or statist minded, you can consider yourself subject to a Creative Commons Attribution License.

current posts | more recent posts



You have raised the issue of "corruption". The current state of "corruption" in our social fabric does not really seem, to me, to be a case of monopoly power. It is a case of capitalism morphing into a nameless economic system (Corporatism?) were the producers feel entitled to do whatever they want to make $$$. The fact that it damages others, or even ruins our entire financial system is irrelevant. Ayn Rand's objectivism run amok.

I have more on this here: Legalizing Theft - The New Capitalism III

Steve Forbes has a good editorial: Capitalism: A True Love Story. While I don't agree with him in many cases, he makes the central points that Capitalism is based, in part, on trust and an exchange of goods/services for mutual benefit. Both trust and the an exchange of goods/services for mutual benefit seem to be so passe now. Gordon Gekko would be so proud.

What's in a name? Market power or pricing power is what monopoly offers. It comes from a government grant or a private seizure. The question is, what do we do about it? The US has been through similar experiences before when business got dominant political power.

The first thing is make people aware when it is happening. Television news is one example. Aside from Public Broadcasting, by my lights, it isn't news; it is entertainment. That is a consequence of the ratings game and big business ownership of the air waves, and more importantly, now, of cable distribution.

I will post another example, later today: the imposition of "facilities fees" on top of medical charges, once again raising the cost of health care.

current posts | more recent posts

Submit Comment

Blog Post


Email (optional):

Your Humanity:

Prove you are human by retyping the anti-spam code.
For example if the code is unodosthreefour,
type 1234 in the textbox below.

Anti-spam Code



Most Recent Comments

Questions and Challenges For Defenders of the Current Copyright Regime It is one of the finest websites I have stumbled upon. It is not only well developed, but has good

Killing people with patents I'm not really commenting the post, but rather asking if this blog is going to make a comeback

The right to rub smooth using a hardened steel tool with ridges Finally got around to looking at the comments, sorry for delay... Replying to Stephan: I'm sorry

Let's See: Pallas, Pan, Patents, Persephone, Perses, Poseidon, Prometheus... Seems like a kinda bizarre proposal to me. We just need to abolish the patent system, not replace

The right to rub smooth using a hardened steel tool with ridges I'm a bit confused by this--even if "hired to invent" went away, that would just change the default

Do we need a law? @ Alexander Baker: So basically, if I copy parts of 'Titus Andronicus' to a webpage without

Do we need a law? The issue is whether the crime is punished not who punishes it. If somebody robs our house we do

Do we need a law? 1. Plagiarism most certainly is illegal, it is called "copyright infringement". One very famous

Yet another proof of the inutility of copyright. The 9/11 Commission report cost $15,000,000 to produce, not counting the salaries of the authors.

WKRP In Cincinnati - Requiem For A Masterpiece P.S. The link to Amazon's WKRP product page:

WKRP In Cincinnati - Requiem For A Masterpiece Hopefully some very good news. Shout! Factory is releasing the entire series of WKRP in Cincinnati,

What's copywritable? Go fish in court. @ Anonymous: You misunderstood my intent. I was actually trying to point out a huge but basic

Rights Violations Aren't the Only Bads I hear that nonsense from pro-IP people all the

Intellectual Property Fosters Corporate Concentration Yeah, I see the discouragement of working on a patented device all the time. Great examples

Music without copyright Hundreds of businessmen are looking for premium quality article distribution services that can be

Les patent trolls ne sont pas toujours des officines

Les patent trolls ne sont pas toujours des officines

Patent Lawyers Who Don't Toe the Line Should Be Punished! Moreover "the single most destructive force to innovation is patents". We'd like to unite with you

Bonfire of the Missalettes!

Does the decline in total factor productivity explain the drop in innovation? So, if our patent system was "broken," TFP of durable goods should have dropped. Conversely, since