Posts tagged “Intellectual property”

Burdens/profit

Disabled people, sick people are often treated as and described as burdens. We’re so much work to take care of, our drugs are so expensive! Stefan Strecko has cystic fibrosis and can’t get his insurance company to pay for the drug he needs. A Halifax man who has battled lung infections, digestive issues and had […]

Patents can be beneficial, but are often harmful

One obvious problem [of patents] is that patents, by definition, create monopolies, which impose costs on the rest of society. For example, the patentee could use its technological monopoly to exploit the consumers… But it is not just the problem of income distribution between the patentee and the consumers. Monopoly also creates net social loss […]