cludes media products (e.g., movies, books, music), brands, scientific and technological knowledge, slogans and phrases, even life forms. Intellectual property is of interest to a course in communication and politics because it represents, in purest form, the intersection of law, communication, and economics. Intellectual property law, while it may seem rather “dry” on the surface, is a factor in many of the most interesting debates of our time. It’s a key feature in the peer-to-peer music file sharing controversy, in cloning and other bioethical issues, in the overseas piracy of Hollywood movies, and in high-stakes international negotiations over the direction of world trade policy. Michael Perelman, author of this chapter from his book, Steal This Idea: Intellectual Property Rights and the Corporate Confiscation of Creativity, is an economics professor at California State University. His economics are decidedly from the left of the political spectrum, making him a critic of the neo-liberal economics mainstream. In this carefully argued critique of intellectual property, and specifically what Perelman believes is the corporate takeover of patents and copyright, he offers a historical overview of intellectual property and its surprising importance as an economic commodity and legal issue. b. intellectual property and market failure Perelman argues that intellectual property law originated in “market failure”—that is, instances or areas of 英语论文网 【http://www.51lunwen.org】the economy where the market cannot provide goods or services on a viable basis. In the event of market failure, states often provide those goods and services that markets cannot: for example, defense, health care, and employment insurance. Intellectual property is an example of a massive market failure in Western economies because it represents a considerable violation of conventional market practices. This violation primarily takes the form of the monopoly over a given product— whether a cancer drug or Mickey Mouse’s image—that holding a patent, trademark, and copyright gives to a particular individual or corporate owner. Normally, neo-liberal economic doctrine—the orthodoxy in economics today—is hostile to monopolies because they represent an obstacle to the play of market forces. Neo-liberal economics has made an exception in the case of intellectual property because of the vital importance of these knowledge monopolies to corporate power. In other words, the value of IP is too crucial to allow ideology to overrule it. Intellectual th century Venice among glassworkers who wanted to property law first appeared in 15 protect their specialized knowledge from others. As intellectual property laws developed, and the triad of patent (for inventions), copyright (for creative and intellectual works), and trademark (for brands, slogans, goods) protection took mature form, the law changed its character. Where it was originally intended
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