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Anarconomy
Topic Started: 20 Sep 2009, 11:02 PM (390 Views)
Alkeni Synair
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Redefining Evil
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KamikazeCow
Sep 22 2009, 02:50 PM
I say it's either that or starve, so it's really your choice. ;)

-10
Work in progress.
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KamikazeCow
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Don't Feed The Animals
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I'm just pointing out common sense. Most people when faced with starvation or another job, pretty sure would pick another job. ;) Besides, the whole point is moot in a gift economy so I don't know why you'd bring it up.
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Michael Irick
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Reian Alexander
Sep 22 2009, 01:52 PM
KamikazeCow
Sep 22 2009, 02:50 PM
I say it's either that or starve, so it's really your choice. ;)

-10

Welcome to reality, enjoy your stay.
Empire of Zeon
Deonios Seon
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Ares™
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According to my Microeconomics text book "Where property rights are enforced, people have the incentive to specialize and produce the goods in which they have a comparative advantage. Where people can steal the production of others, resources are devoted not to production but to protecting possessions." Thus, a lack of intellectual rights (which falls under property rights) would be detrimental to the economy as it would detract from people doing things such as writing, inventing, etc... To once again quote my textbook "Without property rights, we would still be hunting and gathering as our Stone Age ancestors did."

Source: "Microeconomics: Canada in the Global Environment, 7th Edition" by Michael Parkin and Robin Bade.
Ares™


"Majority rule only works if you're also considering individual rights. Because you can't have five wolves and one sheep voting on what to have for supper."
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Michael Irick
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There is a difference between intellectual property such as the information in a book and property such as a car. A car is made of atoms which have mass and volume. The information in a book is not made of atoms. It can be present in Seattle at the same time as Paris; a car cannot. It is not subject to the laws of scarcity. The supply is theoretically infinite.

Can anyone tell me what happens to the price of something when the supply approaches infinity?
Empire of Zeon
Deonios Seon
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Ryan
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http://mises.org/journals/jls/15_2/15_2_1.pdf
George Mason University '15
Ph.D Economics


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Benthamus
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michaelirick
Sep 23 2009, 04:11 AM
There is a difference between intellectual property such as the information in a book and property such as a car. A car is made of atoms which have mass and volume. The information in a book is not made of atoms. It can be present in Seattle at the same time as Paris; a car cannot. It is not subject to the laws of scarcity. The supply is theoretically infinite.

Can anyone tell me what happens to the price of something when the supply approaches infinity?

Such information is a gift of the mind. I pay money to enjoy reading about a fantasy world created by Harry Turtledove about aliens intervening in World War 2. I pay money to enjoy reading George Orwell's Nineteen Eighty-Four. If I didn't pay money what incentive would the author have to continue writing?

KamikazeCow, what you have essentially proposed is that no one, unless they are willing to give it away for free, should ever write a novel. Know whilst many authors write for the pleasure of people enjoying their word, how many great books would not have been created because of it?

Furthermore, what about those who do still publish even though they get no money from it? Due to the fact that they have to get a job they may not be able to write as much thus robbing civilisation of their fine work.
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KamikazeCow
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Benthamus
Sep 23 2009, 03:47 AM
KamikazeCow, what you have essentially proposed is that no one, unless they are willing to give it away for free, should ever write a novel. Know whilst many authors write for the pleasure of people enjoying their word, how many great books would not have been created because of it?

Furthermore, what about those who do still publish even though they get no money from it? Due to the fact that they have to get a job they may not be able to write as much thus robbing civilisation of their fine work.

I never said that; if Reian wanted to be paid for his work in such a society, then I said he'd be best off in another job. A lot of authors do that.
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Michael Irick
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Well, you see, the original reason that people made money from books and other pieces of written literature is the expensive of publication or the dissemination of the information. Copying requires time as well as physical resources such as ink, paper, chisel, or clay tablet. With books, there is the process of binding that adds to the time it would take. Then there is the cost of moving the publication.

Since publishing is rather labor intensive, a business grew out of it to maximize production for a profit. The cost of publishing to a writer would ultimately make it accessible to the wealthy or those with a wealthy patron. This limited the amount of writers. To increase profit, one publisher sought to increase business by providing incentives for people to write.

The system we have today is largely due to the fact that self-publishing was hard. With the Internet, literally anyone can disseminate information with just time as a cost. Anyone with an internet connect who has a desire to write, can write and spread it around the internet. If a little time and money is invested in advertising, money can be made. Someone may even be able to make money from publishing and advertising works from their clients and paying incentives to get them to write more. If there is not such a site, then I think I may make one.

A hard copy of a work is still valuable since it can't be lost as easy as data is to lose.
Empire of Zeon
Deonios Seon
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