SOC379H5 Lecture Notes - Lecture 6: Fortune Brands, Artificial Scarcity, Knowledge Economy
Document Summary
Piracy, copyright, and the social construction of law gabe menard. Intellectual property law control over ideas (patents) What is intellectual property: intellectual property (ip) refers to creations of the mind, such as inventions, literary and artistic works, designs, and symbols, names and images used in commerce. Copyright: control over creative works (you own the song, for example) Patents: control over physical embodiment of ideas (you own the idea itself, i. e. love music) Why we might have intellectual property laws? (brainstorm: protecting businesses, credit for your own ideas, any money that comes from it goes to the owner. Why do we have ip laws: fairness, economic rationale, justice. The decline of the golden age of capitalism (the photo from detroit; the abandoned packard plant) **related to galano"s lecture** Donald trump is contradictory; his ties are made in china, but he wants to bring more jobs to.