On 23 Oct 2007 at 12:57, Martin Banner wrote:

> If someone creates something, physical or intellectually, shouldn't 
> that person be entitled to some sort of financial benefit for his/her 
> entire lifetime, regardless of how long?

Physical objects are not an abstract concept, so property rights for 
them are pretty clearcut.

Intellectual property, on the other hand, is an abstract 
constructions, and entirely the product of law.

Someone can easily retain control of their intellectual property 
throughout their own lifetime by simply not publishing it. In that 
case, it's very much like physical property (I can't have your comfy 
chair until the estate auction). Once you've published it, though, it
enters a different realm, a *public* realm, and the theory of limited
term of copyright is based on balancing the benefit to the public of 
creative work entering the public domain with economic incentives for
the creators of IP.

Somewhere between 0 and eternity is a reasonable copyright term.

I just happen to think that the optimum term is subtantially closer 
to 0 than to eternity.

-- 
David W. Fenton                    http://dfenton.com
David Fenton Associates       http://dfenton.com/DFA/


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