What seems to be lost in these discussions is how the American system rides on global respect for American IP, and that this respect for IP is part of the whole global trade system.
With global trade falling apart, this respect for IP is in grave danger. Robust IP protections contributed significantly to America's wealth.
The short-sighted focus on tariffs and re-shoring manufacturing completely neglects the whole balance and will damage America's position long-term.
> Robust IP protections contributed significantly to America's wealth.
Quite the opposite, the US didn't enforce IP protections during the first few years of industrialization, exactly because they were stealing IP from England.
Why is hypocrisy brought up here? We are talking about national prosperity. Obviously what was beneficial to the US when it was a fledgling state is different than today
IP conventions were not formalized and nations were not signatories. Back in the early colonies Britain embargoes tech to prevent us from leapfrogging them, there was no IP protection framework, so I’m not sure what you’re on about.
It was more akin to intellectual property secrets.
No, IP law goes back much further than you imagine. The US started to grant patents in 1790 and the British even before that. What the US was doing was IP theft even in the law system that existed back then.
It wasn’t till the late 1700s that patents became form of intellectual property, before that it was a form of granting economic monopoly. Some of these “patents” were for already existing things, to give the grantee a monopoly over the sale of a particular common item. In addition, patents as we understand them today as a form of intellectual property didn’t coalesce till mid to late 1800s.
When the US was behind on IP, its respect for IP was irrelevant to the US's economy because most IP holders were European and thus respecting IP mostly just benefited Europe.
When the US is ahead on IP, it's respect for IP is incredibly relevant to the US's economy because respecting IP mostly benefits the US.
It's all over the place, depending on the industry. I mean Hollywood's rise was also due to IP theft, things only became the way they are now in the 1950s.
I hope not, at least not in it's present form. As far as copyright goes a return to the Statute of Anne or something similar would provide time for authors to profit from their labours while putting them in the public domain within a reasonable time.
With global trade falling apart, this respect for IP is in grave danger. Robust IP protections contributed significantly to America's wealth.
The short-sighted focus on tariffs and re-shoring manufacturing completely neglects the whole balance and will damage America's position long-term.