Monday, May 27, 2002

When regulation is bad Clair Tristram does the usual reporter thing and casts the content cartel vs technology war in moral terms without weighing in on why the government should ever be in the position of selling injunctive relief against the future. Taxes, provisions, encumbrances, public property given (not sold) to private corporations ALL block innovation by protecting incumbents against entrants, and cause huge harm to society through the dead weight loss associated with an entire market failing to materialize. I seriously question the legitimacy of a government engaged in this type of behavior.

While the Valley wins on sanity points, I think the only way to stop Hollywood (barring mass grass roots activity) is by following rich historic precedent and simply out bribing them. Technology is more valuable to society than movies.

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