Bill Lear's question on normal profits is pushing the list in the
direction I had been proposing for some time.  For the most part, Ian
has been alone in showing an inclination similar to my own.

Like Paul, I began as an agricultural economist.  For us, it is easy to
see how commodity markets impoverish producers.  Prosperity requires
finding refuge from competition.

The survival of capitalism depends on this relationship.  Intellectual
property is perhaps the strongest form of monopoly protection going.

Moreover, the powers granted by intellectual property allow enormous
leverage through the police system in order to enforce these
intellectual property rights.

I am convinced that one of the main contributions economists could make
at this time would be to further the understanding of the relationship
between the powers of the state, the powers of corporations, the powers
of imperialism relate to the growth of intellectual property rights.

The papers by Bob Naiman and Dean Baker are useful for steps in this
direction.  It is not surprising that the question of intellectual
property rights here arose regarding Africa, the region perhaps least
able to defend itself against intellectual property rights.

Finally, Fidel Castro has threatened to duplicate Coca-Cola unless the
United States begins to recognize Cuba's intellectual property rights.

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]


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