You'll throw Hollywood and most of the publishing industry out of business overnight if you "abolish" copyright. Not a good idea to throw so many people out of work.
Copyright needs to be reformed, absolutely. Not abolished.
> You'll throw Hollywood and most of ...
Compared to the economic and human disruptions of shipping most of America's manufacturing jobs overseas since WWII, that sounds very minor.
Yes, I understand that Hollywood & publishing carry much higher social status than mere manufacturing, for the "right" people to object at them being tossed.
No, I'm not disagreeing with your "reform not abolish" ideal.
It's not only Hollywood, these ML tankies that want to abolish private ownership will destroy pharmaceutical innovation. (This is where people's brains will turn off)
Why would a firm invest in research improving Super-Rare-Disease therapies if I don't get exclusive rights to the monetary benefit?
And to the inevitable room temperature IQ DSA crowd, why would the ML government with state research firms ever direct public resources to improving Super-Rare-Disease? Something that affects 1-in-10000 people doesn't deserve public resources like common diseases.
s/ancap/marxist leninist/
> You'll throw Hollywood and most of the publishing industry out of business overnight
Any downsides?