A very informative bit about DRM and Why It Is Evil

Mike @ Techdirt proves he is a smart guy by providing an economically sound argument about why DRM technology opposes economic growth. He argues that:

…it’s the non-scarce products, the recipes and the ideas, that helps expand the value of the limited resources, the ingredients. You expand value by creating new non-scarce goods that make scarce goods more valuable — and you can keep on doing so, indefinitely.

Incidentally, this is also probably a great explanation of the idea of the patent system (and Techdirt is also a great place to read about how that gets misused).

P.S. (1 hour later): Looks like somebody @ Slashdot also thought this was an interesting story.

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