Thread: $7,000 fine for sharing / pirating an ebook
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Old 07-03-2012, 09:58 PM   #28
Edward M. Grant
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Join Date: Jun 2012
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Quote:
Originally Posted by teh603 View Post
It also illustrates one of the bigger lies of capitalism, that in a free market the cost of purchase will approach that of production.
A free market doesn't have patents, trademarks and copyrights. You can see that a free market ensures the cost of purchase approaches the cost of production because the people who ignore those government-mandated monopolies are often selling the same product from the same factory for a fraction of the price.

You can certainly argue that patents, trademarks and copyright are beneficial, but you can't blame the free market when government intervention pushes prices up.
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