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Capitalism puts higher and higher demands on people to be able to improvise, to adapt to the constant changes of the market, to interact with each other and communicate in an effective way, to be ready at any time for the worse. There is a strong correlation between the importance of constant innovation in capitalism and in improvisation, and we cannot avoid that there is a strong relationship between the two. … The more open you are to experimentation, the more you would be likely to open up new avenues for capitalism to produce value.
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It seems that Locke had in mind rival goods when he developed his theory (if one consumes it, others can't). What happens to non-rival goods like ideas? George Bernard Shaw famously said that if you and I have an apple and we exchange apples, you would only have one apple but if you and I have an idea and we exchanged them, we will have two ideas. So, how is it possible to treat ideas as if they were apples i. e. to make them into commodities? It is only through copyright that it is possible to produce scarcity out of ideas and this of course can produce serious benefits for some but not all
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In England, the profession of the law is that which seems to hold out the strongest attraction to talent, from the circumstance, that in it ability, coupled with exertion, even though unaided by patronage, cannot fail of obtaining reward.
Charles Babbage
Mattin
Born:
1977
(age 47)
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