Russian President: Time To Reform Copyright
An anonymous reader writes "While most of the rest of the world keeps ratcheting up copyright laws by increasing enforcement and terms, Russian President Dmitry Medvedev appears to be going in the other direction. He's now proposing that Russia build Creative Commons-style open and free licenses directly into Russian copyright law. This comes just a few days after he also chided other G8 leaders for their antiquated views on copyright."
I'm starting to like Russia. It's also understandable why US tried to fight for copyrights so much - that's basically the only thing they produce now. Rest of the world produces actual products. US can try to attack rest of the world all it can, it only makes other countries see it faster - when rest of world start supporting free licenses and free copyright, US collapses really, really bad.
A 'Soviet Russia' joke that's not disparaging of Russia: "In Russia, you reform copyright law. In America, copyright law reforms you..."
Hyperbole: I use it liberally!
Just to support your comment a bit, see this story which just happens to be on CNN's front page: here.
From that:
"The increased difficulty in protecting data comes as the value of intellectual property is skyrocketing for companies. In 2009, 81% of the value of S&P 500 companies was "intangible assets" such as patented technology, proprietary data and market plans, according to an estimate by Ocean Tomo Intellectual Capital Equity. In 1985, only 68% of the S&P 500 market value was from intangibles, according to Ocean Tomo."
So, you're not far off the mark: The USA says it's wealthy because it is counting "intangibles" as wealth, or more accurately: things that do not suffer from scarcity. If your main assets do not suffer from scarcity, you have a problem because supply, once known, is infinite: and if supply is infinite then the real cost of it is zero.
Shh.
Pres. Medvedev is a great troll! Unfortunately, he doesn't decide anything in Russia - Putin does.
For example, quite recently "Deep Purple" was forced to pay $15000 for performance of music by "Deep Purple" (http://russian-law.livejournal.com/44954.html)!
You see, there's a mandatory 'performance fee' in Russia which goes toward central agency which then distributes gathered money to artists (minus 15% commission). Also they receive 1% of sale price for all computing equipment. And about 0.1 cent from each square meter of hotel space. And also there's no practical way to opt-out out of this system for artists.
So Medvedev can talk all he wants, it won't change a thing.