Second Thought | Why We Should Get Rid Of Intellectual Property @SecondThought | Uploaded November 2022 | Updated October 2024, 1 week ago.
You've probably heard the term "intellectual property" before. If not, it basically means you can lay claim to an idea and prevent anyone else from using it, building upon it, or even creating something similar. Why do we have these laws, and how deep does the problem go?
How Intellectual Property Stifles Innovation – Second Thought
SUBSCRIBE HERE: bit.ly/2nFsvTS
New video every Friday!
Citations and Further Reading:
Insulin costs less than $10 to produce
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
1 in 5 Americans ration their insulin
nbcnews.com/health/health-news/insulin-prices-many-adults-diabetes-ration-insulin-study-finds-rcna52287
Insulin prices increase by 15-17% every year
commonwealthfund.org/publications/issue-briefs/2020/sep/not-so-sweet-insulin-affordability-over-time
Insulin used to cost $20, now it costs $300
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
Monthly insulin costs exceed $1000
theguardian.com/us-news/2019/jul/28/bernie-sanders-americans-canada-insulin-bus-caravan
90% of the insulin market is controlled by 3 companies
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
3 companies keep insulin out of the public domain
vox.com/2019/4/3/18293950/why-is-insulin-so-expensive
COVID vaccine manufacturers hire 100 lobbyists to protect their monopoly
theintercept.com/2021/04/23/covid-vaccine-ip-waiver-lobbying
WTO waiver delays
oxfam.org/en/press-releases/nearly-30000-people-have-died-every-day-covid-19-wto-talks-vaccine-intellectual
msf.org/lack-real-ip-waiver-covid-19-tools-disappointing-failure-people
Oxfam, 1 death in a rich country, four in a poor country from COVID
oi-files-d8-prod.s3.eu-west-2.amazonaws.com/s3fs-public/2022-03/Pandemic%20of%20greed-Oxfam%20media%20briefing-March2022.pdf
COVID vaccine manufacturers benefitted from IP waivers
theintercept.com/2022/08/23/covid-vaccine-patents-moderna-big-pharma-section-1498
America was built on IP theft
history.com/news/industrial-revolution-spies-europe
The US complains about IP theft today
ft.com/content/1d13ab71-bffd-4d63-a0bf-9e9bdfc33c39
TRIPS benefits the Global North
books.google.com/books?id=oK1m0AW95c0C&newbks=1&newbks_redir=0&printsec=frontcover
IP more profitable than traditional business
dx.doi.org/10.2139/ssrn.2333844
Four Futures by Peter Frase
books.google.com/books?id=ZFdoBAAAQBAJ&printsec=frontcover
Tech companies file thousands of patents a year and weaponize them
bizjournals.com/sanjose/news/2020/07/27/top-of-the-list-patent-recipients.html
nytimes.com/2012/10/08/technology/patent-wars-among-tech-giants-can-stifle-competition.html
Collective funds idea
reddit.com/r/socialism/comments/328izi/how_would_intellectual_property_work_in_a
Crowdfunding idea
youtu.be/mnnYCJNhw7w
Fraud prevention patent office idea
youtu.be/bUpaT_f0wic
Socialism and intellectual property
socialist.net/copyright-keeping-ideas-under-lock-and-key.htm
jacobin.com/2013/09/locked-out
jacobin.com/2013/09/degendering-value
jacobin.com/2013/09/property-and-theft
Follow and Support Second Thought!
Twitter: twitter.com/_SecondThought
Patreon: patreon.com/secondthought
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About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com
You've probably heard the term "intellectual property" before. If not, it basically means you can lay claim to an idea and prevent anyone else from using it, building upon it, or even creating something similar. Why do we have these laws, and how deep does the problem go?
How Intellectual Property Stifles Innovation – Second Thought
SUBSCRIBE HERE: bit.ly/2nFsvTS
New video every Friday!
Citations and Further Reading:
Insulin costs less than $10 to produce
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
1 in 5 Americans ration their insulin
nbcnews.com/health/health-news/insulin-prices-many-adults-diabetes-ration-insulin-study-finds-rcna52287
Insulin prices increase by 15-17% every year
commonwealthfund.org/publications/issue-briefs/2020/sep/not-so-sweet-insulin-affordability-over-time
Insulin used to cost $20, now it costs $300
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
Monthly insulin costs exceed $1000
theguardian.com/us-news/2019/jul/28/bernie-sanders-americans-canada-insulin-bus-caravan
90% of the insulin market is controlled by 3 companies
wusa9.com/article/news/verify/insulin-costs-about-10-to-make-but-retails-for-nearly-300-pharmaceutical-companies-eli-lilly-novo-nordisk-sanofi-pbms-insuli/65-73a3cafd-3340-45cd-8324-a5e3e1c78fa5
3 companies keep insulin out of the public domain
vox.com/2019/4/3/18293950/why-is-insulin-so-expensive
COVID vaccine manufacturers hire 100 lobbyists to protect their monopoly
theintercept.com/2021/04/23/covid-vaccine-ip-waiver-lobbying
WTO waiver delays
oxfam.org/en/press-releases/nearly-30000-people-have-died-every-day-covid-19-wto-talks-vaccine-intellectual
msf.org/lack-real-ip-waiver-covid-19-tools-disappointing-failure-people
Oxfam, 1 death in a rich country, four in a poor country from COVID
oi-files-d8-prod.s3.eu-west-2.amazonaws.com/s3fs-public/2022-03/Pandemic%20of%20greed-Oxfam%20media%20briefing-March2022.pdf
COVID vaccine manufacturers benefitted from IP waivers
theintercept.com/2022/08/23/covid-vaccine-patents-moderna-big-pharma-section-1498
America was built on IP theft
history.com/news/industrial-revolution-spies-europe
The US complains about IP theft today
ft.com/content/1d13ab71-bffd-4d63-a0bf-9e9bdfc33c39
TRIPS benefits the Global North
books.google.com/books?id=oK1m0AW95c0C&newbks=1&newbks_redir=0&printsec=frontcover
IP more profitable than traditional business
dx.doi.org/10.2139/ssrn.2333844
Four Futures by Peter Frase
books.google.com/books?id=ZFdoBAAAQBAJ&printsec=frontcover
Tech companies file thousands of patents a year and weaponize them
bizjournals.com/sanjose/news/2020/07/27/top-of-the-list-patent-recipients.html
nytimes.com/2012/10/08/technology/patent-wars-among-tech-giants-can-stifle-competition.html
Collective funds idea
reddit.com/r/socialism/comments/328izi/how_would_intellectual_property_work_in_a
Crowdfunding idea
youtu.be/mnnYCJNhw7w
Fraud prevention patent office idea
youtu.be/bUpaT_f0wic
Socialism and intellectual property
socialist.net/copyright-keeping-ideas-under-lock-and-key.htm
jacobin.com/2013/09/locked-out
jacobin.com/2013/09/degendering-value
jacobin.com/2013/09/property-and-theft
Follow and Support Second Thought!
Twitter: twitter.com/_SecondThought
Patreon: patreon.com/secondthought
BuyMeACoffee: buymeacoffee.com/secondthought
CashApp: $JTChapman
Watch More Second Thought:
Latest Uploads: youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27
Spaaaaaace!: youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v
What If...: youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi
Popular Videos: youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN
About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com
