The goal is to demonstrate that there are ways (more ethical from a libertarian perspective) to earn income from your ideas if your product is good and generates value, in addition to the advantages it offers in terms of innovation and free competition compared to the current perspective. Of course, two remarkable things: this perspective I defend isn't perfect and can't guarantee that you will obtain profits equal to or greater than those obtained by owning a temporary monopoly, but I believe it is the best and we can improve it
Login to reply
Replies (1)
This is a very good point you make. If the creation or invention is valuable enough, it should “win” in a free market competition against lessor products or designs. Thus, no need for monopoly imposed by law or regulation.