Sheldon Richman Says Intellectual Property Fosters Corporate Concentration

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Gaetan Lee / Foter.com / CC BY

How can someone who supports property rights in physical objects deny property rights in intellectual products, such as the useful application of scientific principles or patterns of words, musical tones, or colors? Sheldon Richman argues that  "rights" in ideas — patents and copyrights — are government monopoly grants having nothing in common with the notion of property at the heart of libertarianism.