Technology

This is why it's a mixed bag for me. IP law is kinda important in a capitalist system, which, for better or worse, that's what we have. If someone comes up with a wonder drug that outright cures addiction or something, you'd want that person to be able to recoup their costs before a bigger organization with more capital swoops in and undercuts them on production costs until they're the sole supplier of the drug. The hepatitis C cure drug selling for $70,000 is a great example of this quandary; there's millions of dollars worth of research and clinical trials that went into developing the drug, you'd want the company to be able to recuperate the costs of developing it or else there's less incentive to do something similar for other diseases down the line. Also, though, $70,000 or go fucking die is an outrageous statement.

Of course, what we have for IP law in practice is a bastardized monster, where corporations exploit the fuck out of it to have monopoly control over important products like insulins and life-saving medications that cost cents to produce and allow them to sell for hundreds a dose. That's not the intent of IP law, IMO, and that doesn't really serve anyone.