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Comment Re:Small Government? (Score 1) 186

All inventing is done by people, but those inventions are owned by the companies they work for in most cases.

Also statistically you're way off. The patent office in the US tracks these things:
In 2015:

That's an order of magnitude more patents submitted by corporations than by individuals FYI.

Comment Re:Small Government? (Score 1) 186

All of these assumptions revolve around something nobody ever discusses. Would there be competition at all?

In a new field, be it air travel or vehicle design or blood tests, how does the market 'choose' when only the inventor exists?

Lets pretend for a moment that we've abolished patents as well so that everyone can just copy the ideas they see -- why would most modern inventors bother?

I'm not talking about people who invent things because they're just brilliant and want to, I'm talking about people who get paid by companies like Boeing and General Electric to come up with marketable ideas.

The free market determining outcomes is based on a faulty premise that we would be in the situation we're in now at all without the regulations we've had until now.

Comment Re:Humanity needs a Wealth Tax (Score 1) 284

I disagree with a wealth tax. What we need is a 'taking your money out of the country' tax.

If you earn it here and spend it here, you get taxed like everyone else, because your money's going back into the economy.

If you earn it here and spend it overseas, boom, you get taxed.

Call it income protectionism if you like.

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