vanilla said:Things will be produced obviously but the rate at which new drugs & thinngs would be limited due to the lack of incentive to spend money
The greatest motivator for scientists is science, not money. Did Einstein come up with his theories of relativity to get rich? There is also money in the treatment of illness, but not in the cure.
It seems that most of the money these days is spent actually getting new treatments passed the regulators, and this seems to be a corrupt and broken process. So sure, maybe we do need to allow companies to get guaranteed revenue in order to pay for their costs, but since a lot of the cost is government, we are asking for more government to deal with the problems created by government.
Drugs are certainly one discussion, but if you want to see insanity in IP, take a look at software patients.
The scientist can be the most motivated person on the planet, but if he doesn't have funding to conduct his research he will be quickly up shit creek. It is big pharma that is willing to fund such scientists so that they may turn a profit. The profit motive gets shit done...period.
Imagine a scenario where a regular bloke comes up with a game changing idea, spends thousands of hours thinking,writing,developing a crude prototype etc etc etc, only to have it all ripped away from him the first time he starts to go looking for capital to put it into production, because the people with the capital he pitched it to stole his idea. This would be the norm without I.P./copyright/patent law.
This is a part i seriously disagree with the Libertarian's who spout off about, I.P. and copyright being rubbish.