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Punk Capitalism January 8, 2008

Posted by tkcollier in Books, Economy & Business, Enviroment, Lifestyle, Music.
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The Pirate’s Dilemma
As piracy continues to change the way we all use information, how should we respond? Do we fight pirates, or do we learn from them? Should piracy be treated as a problem, or a solution? To compete or not to compete – that is the question – that is the Pirate’s Dilemma, perhaps one of the most important economic and cultural conundrums of the 21st Century.

When European governments failed to accept commercial radio, pirates began broadcasting from international waters, he writes. When Beijing banned the movie “Memoirs of a Geisha” as “socially unhealthy,” pirates sold millions of copies. And when Western pharmaceutical companies declined to slash prices on AIDS drugs in developing countries, generic makers like Cipla Ltd. stepped in.

Though he doesn’t condone all piracy, Mason argues that it “transforms the markets it operates in, changing the way distribution works and forcing companies to be more competitive and innovative.” Corporate leaders are gradually accepting this reality, he says, citing Apple Inc.: The way to stop piracy, Jobs has said, “is by competing with it.”

This is Dr. Adrian Bowyer, who alongside his team of engineers at the University of Bath in England, is working on a project called the RepRap; an open source 3-D printer – a self-replicating machine that will one day be able to print out all of its own parts.

It has been hailed as “the invention that will bring down global capitalism, start a second industrial revolution and save the environment.”

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