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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Curtailing Intellectual Monopoly: The Insanity of US Copyright Law | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="hdBNSQhQ5i"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/11/curtailing-intellectual-monopoly-the-insanity-of-us-copyright-law.html"&gt;Curtailing Intellectual Monopoly: The Insanity of US Copyright Law&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/11/curtailing-intellectual-monopoly-the-insanity-of-us-copyright-law.html/embed#?secret=hdBNSQhQ5i" width="600" height="338" title="&#x201C;Curtailing Intellectual Monopoly: The Insanity of US Copyright Law&#x201D; &#x2014; naked capitalism" data-secret="hdBNSQhQ5i" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Yves here. While our focus is on finance and economics, rentier capitalism is on the march , seemingly across the entire economy. One of the troubling examples is the expansion of intellectual property rights. The idea that seeds could be patented would be dismissed as ridiculous 40 years ago; we now have Monsanto controlling critical parts of our food supply as a result of its successful IP strategy.  Rajiv Sethi gives an update on the copyright front, where the Republican Study Committee (the RSC) issued a policy document that found, mirabile dictu, that copyright law had become skewed toward protecting content owners/creators.</description></oembed>

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