Tuesday, April 18, 2006

Intellectual "Property"

There's no such thing.

Property is a product of scarcity. If there's only one of something, and we both want it, then we need a rule to determine whose it is. Air is readily abundant, and fungible (one bit of air is much the same as another), so nobody thinks of "owning" it; in a space colony this would not be the case. The common-law definition of "theft" is taking property with the intention of permanently depriving its owner of its use. If taking it does not deprive the owner of anything, then it cannot be theft.

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