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Nobel Laureate Attacks Medical Intellectual Property
An anonymous reader writes "Nobel prize-winning economist Joseph Stiglitz, who was fired by the World Bank blasted drug patents in an editorial in the British Medical Journal titled 'Scrooge and intellectual property rights.' 'Knowledge is like a candle, when one candle lights another it does not diminish its light.' In medicine, patents cost lives. The US patent for turmeric didn't stimulate research, and restricted access by the Indian poor who actually discovered it hundreds of years ago. 'These rights were intended to reduce access to generic medicines and they succeeded.' Billions of people, who live on $2-3 a day, could no longer afford the drugs they needed. Drug companies spend more on advertising and marketing than on research. A few scientists beat the human genome project and patented breast cancer genes; so now the cost of testing women for breast cancer is 'enormous.'"
If there's one area where I think Eminent Domain applies, it is to this sort of "property." If the pharmaceutacals "own" a cancer drug, an AIDS drug, a heart valve palsy drug, then fucking TAKE it from them and give it to the world. If they have to be compensated under eminent domain laws, then give them a twenty year extension on their stupid penis pills, their fat-buster pills, or their toenail fungus cures. If they can do it with your house to make a bypass, then they should be able to do it with something that will really benefit society.
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1. If a researcher looses a monopoly on one patent, but in turn gains access to 10 million other patents - then that is a net gain for invention and for business, not a net loss. The facts bear that out. For example, how most the new drug innovation was happening in India where they don't have patents on drugs, or the less proprietary x86 architecture that took the market by storm in spite of it's design flaws.
2. Patents do not change the demand for invention and R&D, they only distort the market and cause it to center around invention controls instead of invention related services. Well, large companies, lawyers, and government are good at controlling things. Inventors are good at inventing things, so patents do really not help inventors or small lean innovators.
3. To control inventions requires physical coercion and violence, and patents are very violent. Like how they arguably held back safety devices in cars for 20 years while millions died needlessly, and like how attempts of patent enforcement in Africa have likely led to over a million unneeded AIDS related deaths. Also, DDT was banned within months of its patent running out, freon too, to make room for bigger markets. But at least the freon one can't be attributed to 50 million malaria deaths.
4. In the future, technology is likely to bring production back into the home thru 3d printers and nanotechnology. IMHO, patents will require more violence and more government micro-regulation than ever in order to be secured.
5. A side effect of the patent system is that researchers who share research and innovation between companies are punished. It creates a strong disincentive against collaboration. It forces innovators to spend orders of magnitude more on R&D and causes them and their research to be micromanaged. So patents drive up the cost of R&D by orders of magnitude, drive down quality, and then now they say "well, we need patent monopolies to recover all these costs".
6. People tend to think that having all these incompatible parts and all these incompatible interfaces on every single car, cell phone, and consumer product - is just a normal part of a free market economy. I speculate that it is not, and that patents encourage these distortions in addition to all the waste and unneeded obsolescence that goes with it.
7. People tend to think that having expensive pharmaceuticals with all sorts of strange chemical side effects is just a normal part of a free market economy. In addition they think that the shunning natural cures, herbs, and vitamins is a normal function of modern medicine and science. I speculate that it also is not, but another distortion caused by patents.
8. Patents are not property anymore than slaves on the plantation are. Just cause someone calls something a property doesn't mean that it is.
In sum, patents don't help inventors, but distort markets to work against them and even punish and isolate them. They are violent, genocidal, coercive, unproductive, inefficient, and drive down profit, quality, and compatibility across markets everywhere. The future for patents does not look promising, but rather to be one of millions of US elderly suffering from high costs and strange chemichal side effects on their medication, and one of a military police state required to enforce them as things like 3d printing and nanotechnology force the commoditization of invention.
I choose to disagree with this until someone gives me some numbers on this that support the contrary. It seems like FUD designed to tie us to the notion of IP. I don't buy it because if we take the RIAA, for example, and hold them up to this lens of "needing" them so that the music industry will continue to be profitable and produce music, we ought to all see rather clearly that this is not the case. The only thing the RIAA does for the music industry is put distributors on a pedestal for distributing media that they don't even generate. That's exactly contrary to the original reason for IP, or rather, patents and copyright.
If we look back in time to the printing press we see that copyrights were granted to protect content producers from content distributors. This was done so as to not discourage content producers because their work could be ripped off so easily. If we look at how the IP laws are abused these days we can see that, more often than not, the distributors are using the IP laws to inappropriately create monopolistic distribution channels. Which is just a complicated way of saying they get to control the entire supply, thus artificially inflating demand (prices) beyond what it ought to be.
On another note, TFA proposes an alternative to the patent system for drug research: the prize system. Off-hand, this seems feasible and proper given our role in the global society. It also seems similar to the original intent of the patent/copyright IP systems, where creators of IP are rewarded and distributors just distribute.
You lost your right to say that Americans are free when you didn't butcher Dubya and string up the supreme court for imposing their own opinions on a set of election results that were not even remotely clear, and refusing to even hear the appeals of the tens of thousands of disenfranchised voters that were barred from voting just for being poor and having names that were too similar to those of a convicted criminals in other states. That you don't lynch-mob government officials that engage in gerrymandering is proof enough that you don't even care if your elections are even remotely representative. Even allowing the existence of "lobbying" (AKA bribery) is an embarassment for any nation in which it occurs. America is not free, it is not democratic, and it is by far the stupidest nation in the Western Hemisphere. Consider this: it is the only non-Muslim nation where there are actually a sizable number of people that question the value of literacy... and are willing to elect leaders that lack it.