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Say that starting tomorrow, without previous notice, every single

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Say that starting tomorrow, without previous notice, every single patent and non-trademark IP right is cancelled, including copyright.

Would the sudden decrease in prices for tech (and a lot more stuff) caused by the massive increase in competition stand as a net gain for the world economy when put against the obvious collapse of the stock-market?
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>>1395616
It would be a net gain.

The collapse of the entertainment industry alone would generate so much new productivity that it would be worth it alone.
>>
>>1395616
>>1395630

consider the following you just made china the stronger nation in the world
>>
>>1395664
with their level of corruption, income inequality, and environmental degradation?

doubtful
>>
>>1395664
China is pretty much already operating under this model, so I dont see the difference to them.
>>
>>1395616
Naw. It would be more competition for existing products thus creating fairer prices and benefiting the masses. That is the only good thing that would come out of it though. All business would suffer tremendously and the smaller manufactures and companies would cease to exist overnight with the larger ones eating them up. Innovation would creep to a halt. No new products would ever be invented. No new drugs would ever be produced. R&D would be a thing of the past. The whole entire world would eventually stagnate and decay economically. Free markets are a meme.
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>>1395821
this sounds more like propaganda than an argument, did you know people used to invent stuff before IP was a thing?

Or is this >written sarcasm?
>>
>>1395885
>propaganda
Umm... for what, exactly?

>before IP was a thing
You mean back in feudal systems? Topkek. Yea lets just set the world back a few centuries so that prices can be more fair. Let's ignore all the protections for businesses that allowed capitalism to flourish. Nigga you must be trollin.
>>
>>1395885
That was before the chinaman could copy your design and ship it back to the US and sell it for pennies on the dollar.
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