Archive for May, 2007

“Intellectual Property” is not Real Property

Mark Helprin writes a rather disingenuous piece in the New York Times op-ed today, arguing that Congress needs to extend copyrights again, beyond the already-obscene author’s life plus 70 years.

What if, after you had paid the taxes on earnings with which you built a house, sales taxes on the materials, real estate taxes during your life, and inheritance taxes at your death, the government would eventually commandeer it entirely? This does not happen in our society … to houses. Or to businesses.

Once the state has dipped its enormous beak into the stream of your wealth and possessions they are allowed to flow from one generation to the next. Though they may be divided and diminished by inflation, imperfect investment, a proliferation of descendants and the government taking its share, they are not simply expropriated.

That is, unless you own a copyright.

Read more…

No Comments