"Intellectual property is neither"
Property is whatever bundle of rights, interests and privileges you hold that the state* defines as property and will defend by force if necessary.
Intangible property is still property.
The geek can live out his entire life defined by endless streams of ones and zeroes stored and processed god knows where and still not see them as property until their loss, theft or abuse affects him personally.
Careless thinking or intellectually dishonest? Your choice.
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.
What is Intellectual Property?
This is BTW almost word-for-word how IP is defined by the Wikipedia.
In a lifetime of reading I have owned about 6,000 books, fiction and non-fiction. No two of these writers ever spoke in the same voice, and almost all were paid by the word, writing for a popular --- democratic --- audience.
The number of creative talents active in any generation is small, and that is a problem the Pirate Bay cannot solve.