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August 18, 2004
Induce Act = Farm Subsidies
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Tim Wu has yet another excellent post over at the Lessig Blog, this time on the "Loser's Paradox" -- e.g., the affinity the U.S. government has for ailing business sectors.
"[T]here's not much a conceptual difference between something like the Induce Act on the one hand, and the farm subsidies for corn on the other," writes Wu. "Each case features an industry that desparately wants to slow the arrival of more competitive rivals. And each are in truth, slowly dying industries whose ongoing decay poisons our economy."
Equally excellent and apropos: Wu's Digital Audio and the Copyright Gap and Copyfight co-author Ernie Miller's Senators Put Copyright Office in Charge of Finding INDUCE Act (IICA) 'Consensus' by Sep 7. Don't miss them.
Comments (2)
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1. Alexander Wehr on August 18, 2004 8:16 PM writes...
Farm subsidies come from tax dollars, the INDUCE act's "subisdising" of the industries in question comes from the active quashing of huge sectors of the economy.
This is a vast difference, and one which should not be trivialized.
Permalink to Comment2. Itil on August 19, 2004 5:09 AM writes...
Cant believe they are actually getting away with this so far....
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