A warming world - the climate issue

The market rewards them. Most of them are giving there money away and are investing in the future.

Patents protect IP and the investments required for development. If not for that system there would be much less investment in development. Companies would be like China and merely copy new products.

Microsoft has been prevented from bundling features resulting in greater costs to consumers who have to pay for those features from other vendors.

 

But it is a privilege market, like a slave market, not a free market.

No, most of them are placing even more of their pockets in the path of production.

Garbage. They just stop other people from developing technology unless they meet the patent holder's extortion demands. Read Boldrin and Levine, "Against Intellectual Monopoly," and get a clue.

Wrong. Maybe there'd be much less "investment" in securing rent collection privileges. But much more useful technology would actually get developed because producers would not be able to rest on their laurels. They would have to develop new technology to stay competitive and stay in business.

?? ROTFL!! You are behind the times, champ. China now files more patents than the next four countries combined:

China’s IP office received the highest number of patent applications in 2017, a record total of 1.38 million. China in 2017 refined its method for compiling statistics for patents and industrial designs applications, counting only those for which application fees have been paid. China’s IP office was followed by the offices of the United States of America (U.S.; 606,956), Japan (318,479), the Republic of Korea (204,775) and the European Patent Office (EPO; 166,585).

https://www.wipo.int/pressroom/en/articles/2018/article_0012.html

How are you going to feel when 30% or 40% of US GDP is going to Chinese IP monopolists, hmmmm?

Nonsense. They can get them for free if they ignore IP monopolies.

 

I have read the book. Interesting arguments but I do not agree with the premise especially with regard to pharmaceuticals.

What are they patenting ?? Spinoffs from stolen US IP. We lose $400B per year to China’s theft.

 

But you are just wrong. Drug patents stifle progress in all unpatentable medical treatments by diverting research resources to wasteful rent-seeking exercises, and the resulting reward to rent seeking kills thousands of Americans every month through over-prescription and inappropriate prescription of patented drugs. The whole opioid addiction and overdose crisis, which has killed ten times as many Americans as the Vietnam War, has been caused entirely by the obscene profits enabled by patents on addictive drugs.

Nope. They have simply understood the IP rent seeking model, and they are piling in. If the USA doesn't figure out that IP monopolies are evil very soon, China will own them.

Garbage. It is the IP monopolists who are the thieves.