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Are Patents and Copyrights Morally Justified? - Tom G. Palmer

Are Patents and Copyrights Morally Justified? - Tom G. Palmer

Are Patents and Copyrights Morally Justified? - Tom G. Palmer

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INO. ZiJ <strong>Are</strong> <strong>Patents</strong> <strong>and</strong> <strong>Copyrights</strong> <strong>Morally</strong> Just!fied? 865<br />

valued uses. The possibility for exchanging transferable property<br />

titles means that holders of property will constantly rearrange<br />

the titles in search of profits Without scarcity this<br />

process would be unnecessary. But the attempt to generate<br />

profit opportunities by legislatively limiting access to certain<br />

ideal goods, <strong>and</strong> therefore to mimic the market processes governing<br />

the allocation of tangible goods, contains a fatal contradiction:<br />

It violates the rights to tangible goods, the very rights<br />

that provide the legal foundations with which markets begin.

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