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You're right, the solution is getting rid of swathes of intellectual property legislation, not adding more.

That's a double edged sword. Investors demand a return regardless of what IP law is. They'll invest in the companies that find some way to protect their investment -- NDAs, stronger technical protections, services-models, etc.

Maybe it's time the economy shifts from having to prioritize the investors for everything

You don't have to prioritize them. You can choose to encourage the rich to hoard their money elsewhere. But there are consequences to every policy decision.

The rich don't have money, they have assets, and those assets can't go anywhere. It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.

> The rich don't have money, they have assets

Yeah, we're talking about the same thing.... the word for a rich person who exchanges their cash for non-cash assets is "investor"

> It doesn't matter if the rich buy or sell a farm in Canada, the farm is still in Canada.

Have we learned nothing from what happened to the US's industrial economy.

If you turn the farm into an obviously poor investment it'll go tits up because neither wall street nor main street is dumb enough to invest money into a losing proposition.

We got rich by not prioritizing the needs of investors in the first place. Maybe we need to start prioritizing the needs of the larger society again.

You certainly don't need economic investment to become "rich" in culture, enlightenment, or humanity, for sure. And there is value to that.

However, financiers played an indisputable role in the current state of economic wealth in today's world.

Indisputable role in economic precarity, more commonly known as wage slavery.

Economic uncertainty is negatively correlated with market capitalization per capita.

Slavery is positively correlated with market capitalization per capita.

It is not.

It is.

Good talk.

You're factually wrong. Graph any Global Slavery Index against market capitalization per capita -- you get a negative correlation.

You are factually wrong.

'Global slavery index' is not a credible source, even according to Wikipedia.

I'm sorry I spent 2 minutes of my life looking it up - I should've known better.

This conversation is over. I can't trust you to not throw random crap a google search produces that supports your fantasy that I then have to spend brain cells to debunk.

Then pick a different one. Which measure did you use to come to your conclusion?

I suspect you didn't use one at all, because I am not aware of any measure of "slavery" that correlates positively with any measure of investment activity.

Labor practices and protections are much better in countries with high economic investment.

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