BEGINNER

Intellectual Property

MARCH 07, 2013

 

Intellectual property is a special privilege granted by government to the creators of ideas, art, technology, and so on. It gives them property rights for their creation, allowing them to demand compensation for its duplication. Types of intellectual property include copyrights, patents, and trademarks. Supporters of intellectual property claim that it encourages innovation that otherwise would not occur otherwise. Opponents argue that the intellectual property creates artificial scarcity and impedes the progress of the free market.

 

Intellectual Property Rights Debate - Sheldon Richman, Paul Cwik, Ivan Pongracic, Lawrence Reed

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For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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