Crony Capitalism and “Intellectual Property,” Time to Change

Hollywood Sign

Hollywood, the recording industry, and the cell phone companies are trying to hold technology back and in the process doing a disservice to the American consumer. Time to get with the times and accept that these industries must adapt or die.

(From TownHall.com)

Using every means at their disposal, Hollywood has attacked the balanced approach inherent in our Constitution. Unfortunately, members of both parties have played the game that has stifled economic growth and competition and given the content lobby their near every demand. In short, Congress continues to look for more draconian ways to help copyright holders enforce their copyrights without regard to the impact on users and consumers.

That’s why it was a pleasant surprise to hear House Judiciary Committee Chairman Bob Goodlatte (R-VA) announce a comprehensive review of copyright law. Goodlatte’s “Copyright Principles Project,” is an effort to build consensus around copyright laws between consumers, the content lobby and technology. Yet supporters of free market reforms viewed the announcement with both optimism and skepticism. There have been few supporters of reform within both parties and Mr. Goodlatte does not have a good track record of support for free market principles on these issues. But one can hope.

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1 comments
Les Jones
Les Jones

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