[p2p-research] what to think of the market

[Michel Bauwens]

Innovation doesn't require markets ... there was innovation long before they
were markets ...

the Roman army was very innovative ...

the Soviet Union was very innovative ... remember the Spoutnik and Cuba has
been extraordinarily innovative surviving its Peak Oil ...

this is not an argument for or against markets ... nor for centralized
planning ..

just a sidenote on a automatic association that is not warranted,

Michel

On Thu, Jul 23, 2009 at 1:58 AM, Ryan Lanham <rlanham1963 at gmail.com> wrote:

>  Kevin Carson>
>>
>> I've been a fan of Baker for a long time.  He grossly overestimates
>> the positive effect of patents and copyright in stimulating
>> innovation, IMO.  Most product and process innovations would have been
>> developed without patents, according to a study by F.M. Scherer, and
>> the "freemium" model (i.e. Redhat and Phish) is pretty broadly
>> applicable as a way of making money despite free content.  If
>> anything, patents suppress innovation.
>>
>> --
>>
> In digital media, I agree.  Just saw Chris Anderson on Charlie Rose's
> show.  He was talking about his new book "Free."  He wasn't very
> interesting, but he made the point that business models are changing.  I
> think we can't make fundamental economic assumptions because economics, like
> all social science, is contextual to the times in which it is spun.  Patents
> made more sense 50 years ago and so did copyrights, now the latter makes
> little sense as generally set in law and the former is making less and less
> sense.
>
> Innovation requires markets...not necessarily protections.  That said,
> small groups will forever more protect themselves from global competition
> and who can blame them.  If they can do it, why can a small group in a major
> market?  So, it isn't going to go away.  The best option is to create as
> many free or freemium products as is possible.  The ideology is increasingly
> a waste of time.
>
> Ryan
>
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