Word: copyrights
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...China," says Hhu Ng, a portfolio manager at the Cundill Group in Vancouver, "you fear for your life sitting in a cab because there's no regard for traffic laws. How much confidence should you have then in China's business laws?" Not much. Corruption is rampant, copyright and patent piracy is a way of life, regulation of the financial markets is murky, and Chinese accounting standards could turn the con men of Enron and WorldCom green with envy. What's more, the Chinese banking system is dominated by the government, with loans tending to go to political cronies, state...
...political thought from health care to gun control is rife with controversy about expensive dinner parties and well-concealed rider bills. And most experts suggest that the solution to these problems is to call for more effective campaign finance reform. Still, the incremental and largely specialized changes to the copyright code have left it warped and on the verge of breaking. To apply it in any practical sense requires the consultation of obscure and confusingly-worded exceptions designed only with the protection of very specific rights (say, that of a librarian to create a single copy of an academic paper...
Consider as a final instructive example a highly controversial portion of the 1998 Digital Millennium Copyright Act (DMCA), which added to the copyright code (Chapter 12, section 1201) protection against the “circumvention of a technical measure” put in place to control access to copyrighted works. It is perfectly legal and not very difficult to manufacture a set of master keys that will allow you to open just about any deadbolt lock ever built, and it is evident that once you’ve purchased your house, if you’d like to pick...
...their owners can use them. In particular, it prevents the disks from being played at full quality on any player not licensed for the purpose. This means that I could go out and buy a legal copy of a feature film, pay all of the necessary royalties to the copyright holder and still be unable to use it in private performance as I desire...
...don’t mean to make some sort of strict constructionist argument that we can’t violate the “framer’s intent” in updating copyright law or that somehow its fundamental purpose is sacred or inalterable. At the same time, we cannot tolerate the surreptitious enactment of additions to that code that alter it in powerful but inextensible ways just so the old business models of the creative industries are not put at risk. We must instead recognize that sharing and free access to information are fundamental features of the technological...