You've probably heard the term "intellectual property" before. If not, it basically means you can lay claim to an idea and prevent anyone else from using it, building upon it, or even creating something similar. Why do we have these laws, and how deep does the problem go?
How Intellectual Property Stifles Innovation – Second Thought
SUBSCRIBE HERE: http://bit.ly/2nFsvTS
New video every Friday!
Citations and Further Reading:
Insulin costs less than $10 to produce
https://www.wusa9.com/article/news/ve...
1 in 5 Americans ration their insulin
https://www.nbcnews.com/health/health...
Insulin prices increase by 1517% every year
https://www.commonwealthfund.org/publ...
Insulin used to cost $20, now it costs $300
https://www.wusa9.com/article/news/ve...
Monthly insulin costs exceed $1000
https://www.theguardian.com/usnews/2...
90% of the insulin market is controlled by 3 companies
https://www.wusa9.com/article/news/ve...
3 companies keep insulin out of the public domain
https://www.vox.com/2019/4/3/18293950...
COVID vaccine manufacturers hire 100 lobbyists to protect their monopoly
https://theintercept.com/2021/04/23/c...
WTO waiver delays
https://www.oxfam.org/en/pressreleas...
https://www.msf.org/lackrealipwaiv...
Oxfam, 1 death in a rich country, four in a poor country from COVID
https://oifilesd8prod.s3.euwest2...
COVID vaccine manufacturers benefitted from IP waivers
https://theintercept.com/2022/08/23/c...
America was built on IP theft
https://www.history.com/news/industri...
The US complains about IP theft today
https://www.ft.com/content/1d13ab71b...
TRIPS benefits the Global North
https://books.google.com/books?id=oK1...
IP more profitable than traditional business
http://dx.doi.org/10.2139/ssrn.2333844
Four Futures by Peter Frase
https://books.google.com/books?id=ZFd...
Tech companies file thousands of patents a year and weaponize them
https://www.bizjournals.com/sanjose/n...
https://www.nytimes.com/2012/10/08/te...
Collective funds idea
/ how_would_intellectual_property_work_in_a
Crowdfunding idea
• Why Creators Shouldn't Own their Crea...
Fraud prevention patent office idea
• AskProfWolff: Patents and Copyrights:...
Socialism and intellectual property
https://www.socialist.net/copyrightk...
https://jacobin.com/2013/09/lockedout
https://jacobin.com/2013/09/degenderi...
https://jacobin.com/2013/09/property...
Follow and Support Second Thought!
Twitter: / _secondthought
Patreon: / secondthought
BuyMeACoffee: https://www.buymeacoffee.com/secondth...
CashApp: $JTChapman
Watch More Second Thought:
Latest Uploads: • Playlist
Spaaaaaace!: • Playlist
What If...: • Playlist
Popular Videos: • Popular Videos | Second Thought
About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: [email protected]