We often call copyright a species of intellectual property, abbreviating it, “IP.” This brief paper suggests that we consider copyright as another sort of IP: an intellectual privilege.
When I first saw this idea, I thought it was wrong, but for the right reasons: "intellectual property" does not exist, but calling it "intellectual privilege" is not the way to flag that up. For the lay person, it makes it sound like it's a privilege to access it. Let's call them what they really are: intellectual monopolies - which nobody is going to mistake for something nice and cuddly.
Against this background, I was glad to see Mike Masnick, that bellwether of sound thinking on these issues, broadly in agreement with me:
I'd tend to side more with those who refer to it as an intellectual monopoly, as that's much more descriptive. Intellectual privilege, for all the niceness of retaining the "IP" designation, probably requires too much explanatory baggage.