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  #21  
Old 06-01-2009, 02:38 PM
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horatio horatio is offline
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If the undermining of intellectual property rights via technologies like the Internet (sounds kinda less scary than 'piracy', doesn't it?) would have a significant negative effect on business (such an undermining should work like a tax or tariff), prices would indeed be higher. But sales would also be lower and it seems to me as if the music and movie industry is doing quite well.

I don't wanna defend anyone who makes a living with intellectual theft, but we have to keep in mind that a) it is impossible to get anyone but the 'big fishes' and b) that the theft of intelelctual property is different than stealing a bread or, an actual topic, part of your 401k. The original still exists and (less so with movies and music but more so with useful information like books, articles etc.) a free flow of information can make people smarter and better informed.
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  #22  
Old 06-01-2009, 03:12 PM
Samuel Samuel is offline
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People can argue all day about the definition of 'theft' and still not come to agreement. I actually had a college instructor who thought there should be no intellectual property rights. But the simple economic problem is whether or not a business will lower prices if it doesnt feel it has to. Right now the industry doesnt even tho the economy is bad. The money it is making this season only reinforces their view.

At this point I suppose it doesnt feel that reducing prices for greater volume will help. And if their main goal is to get pirates to buy tickets why should they lower prices ever?
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  #23  
Old 06-01-2009, 03:19 PM
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There is an economics professor, Brad DeLong, who recently "pirated" a copyrighted text to post it in his blog. It is theft of intellectual property, but at the same time thousands of people can educate themselves and read something they could otherwise not unless they would study at an university and have access to this copyrighted text.

It is theft, but has a nice side too. That's what one should keep in mind when discussing intellectual property rights and 'piracy'.
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