Abundance Based Intellectual Property System
The intended purpose of intellectual property laws is to promote discovery and encourage sharing of ideas. A system that rewards great discoveries and also makes the realization of the ideas available to as many people as cheaply as possible is the ideal system. Using the concepts of Abundance that system can be achieved.
The patent and copyright system creates artificial scarcity. Its stated goal is to promote the sharing of ideas but it does not work. Its not just broken, it was wrong from the start. It assumes that good ideas are scarce and the only way to get people to share their ideas is to give them a monopoly, creating a temporary scarcity.
It’s absurd to claim information as property. If someone said they owned the number 3 and no one can use it without their permission, they would be laughed at or even locked up for being insane. The patent and copyright system grants ownership to information. That contradicts the goal of promoting discovery and sharing.
What is Abundance? It starts with information.
Originally a blog post 2007 Jan 22
Since publication of “Free” and Zeitgeist Addendum a lot of people are finally talking about abundance and how it turns economics on its head. So I thought I would update my original post with a video.
Few people understand how to create abundance so I will be spending more time explaining it with blog posts and videos.