Information Feudalism: Who Owns the Knowledge Economy - Hardcover

Drahos, Peter; Braithwaite, John

Hardcover

ISBN 10: 1853839221 ISBN 13: 9781853839221

Publisher: Routledge, 2002

Synopsis

New intellectual property regimes are entrenching new inequalities. Access to information is fundamental to the exercise of human rights and marketplace competition, but patents are being used to lock up vital educational, software, genetic and other information, creating a global property order dominated by a multinational elite. How did intellectual property rules become part of the World Trade Organization's free trade agreements? How have these rules changed the knowledge game for international business? What are the consequences for the ownership of biotechnology and digital technology, and for all those who have to pay for what was once shared information? Based on extensive interviews with key players, this book tells the story of these profound transformations in information ownership. The authors argue that in the globalized information society, the rich have found new ways to rob the poor, and shows how intellectual property rights can be more democratically defined.

About this title

About the Author:

Peter Drahos and John Braithwaite are both professors in the Australian National University, Canberra, and Co-authors of Global Business Regulation.

From Publishers Weekly:

Economic scholars Drahos and Braithwaite painstakingly trace the history of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), the international accord that has become a standard for resolving disputes over intellectual property rights, whether over bootleg videocassettes or unlicensed use of patented pharmaceutical processes. As corporations increasingly recognize copyrightable or patentable knowledge as a source of profit, they've exerted political influence to ensure that the financial reins stay within their hands. The authors clearly show how lobbyists from the entertainment industry, for example, use their clout with Washington to exert pressure on foreign markets so the U.S. industry can reap the most from films and compact discs. But these government-sanctioned "patent regimes" have resulted in an economic imbalance, which Drahos and Braithwaite depict as a "threat to liberty," where developing countries cannot afford access to medicine and technology without resorting to piracy. The authors carefully explain how copying software or making cheaper versions of patented drugs became equated with plunder on the high seas. There's frequent potential for digression, but the book stays resolutely focused on the diplomatic and corporate sides of the story, showing how less powerful countries had their interests pushed aside during the treaty process and have been reduced to dealing with a handful of intellectual property exporters who grow wealthy off poorer countries' dependency; the exporters also stifle creativity by their emphasis on exploiting economic advantage from intellectual property. The detailed account of negotiations and sanctions is highly academic, perfect for policy wonks but potentially alienating for general readers.
Copyright 2003 Reed Business Information, Inc.

About this edition

• Publisher: Routledge
• Publication date: 2002
• ISBN 10: 1853839221
• ISBN 13: 9781853839221
• Binding: Hardcover
• Number of pages: 272