28 May 2007

The Intellectual Monopoly Ratchet

One of the most frightening aspects of the intellectual monopoly game is the ratchet effect. A country typically increases intellectual monopoly protection to attain "parity" with another group, but overshoots in some areas. Other countries then ratchet up their intellectual monopolies to achieve "parity" - and overshoot.

Here's the ratchet in action:

If this Korea US FTA is passed, then the US will request other countries to include these things in the following FTA. So it needs to have international solidarity activities to stop this kind of US FTA.

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