Neither Intellectual Nor Property

Techdirt's Mike Masnick is writing a series of short articles on topics around intellectual property. His latest focuses on the term itself, exploring the nomenclature people have proposed to describe matter that is neither intellectual nor property. The whole series (starting here) is well worth a read.

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Why no intellectual property tax?

[tepples]

So, lawyers have been thinking about the nature of property for hundreds of years, and have come up with the idea that property is a bundle of rights in a thing. And, there are some very real parallels between Real Property (ie land) and Intellectual Property:

The right to exclude [...] The right to convey [...] The right to subdivide [...] The right to control how something is used With the rights associated with real property come responsibilities, such as the payment of property tax in addition to the payment of tax on income derived from the property. What analogous responsibilities come with copyrights?