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Interesting post.
Obviously, as a reader rather than a writer, it is in my interest to have a massive public domain and to be able to read vast swathes of vibrant, exciting books.
However, even if the main function of copyright of life +70 is to reduce competition for living authors and help them to make a living, is that really such a terrible motivation? Might we not enrich the literary scene more by allowing more people to take up writing as a career than by allowing everyone to read books from 50 years ago for free?
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