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by crdoconnor 3467 days ago
>Technological progress allows concentration of power in the one who holds the capital

In practice we only see this when a technology market is straitjacketed by intellectual property laws.

The lack of patentability of software is one reason why the market is so innovative - it diffuses that concentration of power.

2 comments

"The lack of patentability of software is one reason why the market is so innovative"

uh..? I hate to burst your bubble, but software patents are common. The idea that software (as a representation of math) is not patentable died back in the early 1990s.

It could if the internet ecosystem wasn't dominated by platforms that concentrate exchange and thus the value created. Linux is very innovative but lacks enough users to endanger the mains OSes of the market.