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by SEMW
4678 days ago
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> Is a government granted monopoly "property?" Is a car red? Some cars are red, some aren't. Some red things are cars, some aren't. Government-granted monopolies can create property rights, sure. Other property rights (even intangible property rights) exist that are neither government-granted nor monopolies - obvious example, a debt. And a government can grant a monopoly without creating a property right, e.g. by choosing to award all its rail contracts to a single company. |
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If Pat told Alex, "I love you", Alex would rightly infer that Pat had just expressed romantic interest. If Pat then said, "...like I love my dog," Alex would then rightly be confused (and angry).
In the same way, the term "intellectual property rights" overloads the phrase "property rights". It's a poor choice of words and since "intellectual property rights" is the neologism, it should change. Otherwise, we'll have to come up with a new term for natural "property rights" and teach everyone what that term means.
And debts are not properties, they are stipulations in contracts that can sometimes be transferable. There are rights involved with forming contracts, but they aren't the same as property rights.