Re: The cost of theft
"China steals everything that isn't nailed down."
And the US does the same. So what was the point again?
The real solution of course is to innovate faster than copiers can produce stuff to markets.
But companies, who have stagnated "intellectual property" think they can produce same stuff for 20 years with cosmetic changes, while reaping novelty-level profits all the time.
China is breaking that model by making cheaper copies. That's called competition.
Whole idea of "IPR" is to remove *all* competition from the picture and as such, blatant anti-capitalism. Only owners of the company who has it, benefit: Everyone else loses.
Especially when there's really nothing innovative at all within said "IPR": Whole copyright and patent system is a poor joke as it is now.