Comments on: Capitalists vs. Entrepreneurs

By: Mimi & Eunice: Exploitation | The Libertarian Standard

Mimi & Eunice: Exploitation | The Libertarian Standard — Thu, 20 Oct 2011 15:01:59 +0000

[...] 0 commentsin IP Law, Mimi & Eunice on IP, Victimless CrimesHere’s a terrific article on Capitalists vs. Entrepreneurs.~*~This is a syndicated post, which originally appeared at Mimi and Eunice » IP. View original [...]

By: Jed

Jed — Tue, 20 Sep 2011 02:19:18 +0000

Reasonable request, but it has been a very long time since I wrote this and I don’t recall the original sources. Regarding who drafted and lobbied for the DMCA, if you really want to know, it wouldn’t be hard to find the history of the bill. A question for you: If the DMCA wasn’t created by companies that wanted to use it to defend their revenue models, who was motivated to write it?

Regarding negative net social value, there has been more research since I wrote this. Tim Lee has written some interesting posts on that. However it is hard to come up with a definitive proof this is true because we don’t have a good metric for social value. Note that price isn’t a useful metric of social value, since it doesn’t measure social value, but rather helps to allocate scarce tradeable things. Valuable things (like air and love) that aren’t scarce or aren’t tradeable don’t even show up in the price system.

By: human mathematics

human mathematics — Thu, 08 Sep 2011 05:17:00 +0000

Can you defend your claim that

The DMCA was drafted and lobbied into existence by companies who wanted the government to help them extract money from consumers, with essentially no innovation on their part, and probably negative net social value.

? Keeping in mind that the perpetuation of incentives to produce goods of the highest value and keep marginal returns on capital near zero are both net social positives.

By: yonemoto

yonemoto — Sun, 28 Aug 2011 21:55:36 +0000

It’s a shame that some libertarians see open source software, Wikipedia, and other peer-produced wealth as a threat to the free market rather than a natural complement.

Especially since Jimmy Wales is a libertarian.

By: Vikram Sundarji

Vikram Sundarji — Sun, 14 Aug 2011 03:51:03 +0000

Excellent article. Helped me to understand that I’m more a social entrpreneur than capitalist and that am going to have to resolve some roi issues while we grow. Also interesting perspective on innovation and patents. Might open source some of our creations since we can’t protect them anyway.

By: Capitalists, Entrepreneurs, and Peer Production — Technology Liberation Front

Capitalists, Entrepreneurs, and Peer Production — Technology Liberation Front — Fri, 04 Sep 2009 02:24:26 +0000

[...] Harris has a fantastic post about how peer production introduces a fissure between capitalists and entrepreneurs: Before [...]

By: The pathologies of capitalism… « Check Your Premises

The pathologies of capitalism… « Check Your Premises — Sat, 21 Jun 2008 00:08:11 +0000

[...] are against the open source movement, and how it illustrates the pathologies of capitalism: Capitalists vs Entrepreneurs. Before widespread peer production, the entrepreneur’s and capitalist’s definitions of success [...]

By: Rad Geek People’s Daily 2008-05-29 – Dump the rentiers off your back

Rad Geek People’s Daily 2008-05-29 – Dump the rentiers off your back — Fri, 30 May 2008 00:58:17 +0000

[...] a great post from a bit more than a year ago at Anomalous Presumptions (2007-02-26), which I just got around to [...]

By: How peer production transcends capitalism: entrepreneurs vs. capitalists, for-benefit vs. for-profit » P2P Foundation

Thu, 20 Sep 2007 16:26:08 +0000

[...] missed this great post by the Anomalous Presumptions blog, which also focuses on peer [...]

By: Does Peer Production Turn Capitalists Against Entrepreneurs? at myninjaplease

Does Peer Production Turn Capitalists Against Entrepreneurs? at myninjaplease — Fri, 30 Mar 2007 04:01:56 +0000

[...] misaligned capitalists and entrepreneurs. It’s based on a blog post by Jed Harris trying to explain the same concept. The two posts suggest that traditionally the view of capitalists (those with money to invest, [...]