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by Retric
1124 days ago
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First, I agree regularly capture is highly incentivized in capitalistic systems but I am going to argue regularly capture is in fact anti capitalist. Anyway there’s a common argument for IP as being capitalist, but there’s also many arguments that limitations on IP are also capitalist. Many musicians only want to outlaw the most blatant forms of copyright infringement as they feel imitation drives things forward. There’s a huge spectrum of arguments around the idea that various forms of IP is in fact government granted monopolies on culture which limit competition. Obviously companies with valuable IP want to extract as much money as they can from it, but that’s just profit maximization. To be clear I am not arguing for any specific set of rules for what is or isn’t capitalist. There’s advantages to more freewheeling systems where constant minor improvements can quickly play out in the market (Chinese copycat electronics) and there’s advantages to systems which promote larger scale investments (cars). IMO, it’s the results being consistently applied that’s most important. Both vary stringent environmental regulations and nonexistent regulations are capitalist. What you can’t have is insiders able to bribe enforcement so only one company can make a competitive product because then the market isn’t rewarding investment. Which is exactly what you describe in the telecom industry. |
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> but there’s also many arguments that limitations on IP are also capitalist.
I've read plenty of them, and internalized them. After my infatuation with embracing the term "capitalism" faded, those arguments didn't really seem to be based on capital. Rather they bundled other often-associated concepts based on an assertion that they must obviously go hand in hand, while still carrying the "capitalism" banner most prominently. Your bit seems of the exact same vein - I agree musicians aren't generally IP maximalists, but most musicians aren't generally capitalists either, so that doesn't say much. Meanwhile the parts of the music industry that we would describe as the most capitalist are indeed IP maximalists, seeking to modify the law to maximize the scope of their capital.
Also I don't agree with your general assertion that any laws can be a foundation of a capitalist society as they're enforced consistently. A trivial refutation is a society that abolishes private property - no matter how consistent it is or what else it does, it could never be considered capitalist.