RE: BIDEN TO HIS STAFF6 May 2021 14:54
It's all very egalitarian but where does it stop? Design some massively improved electricity storage system for cars - 'thanks pal, the state will take your patent for that.' A new cancer platform? 'Thanks, we'll take the patent off you for that.'
Then where does the money come from for the risky research that ends up not producing a blockbuster drug? Not from the state, because they only want patents lifted from the profitable drugs. So all incentive to invest in new therapies is taken away, or to invent or invest in anything globally urgent. Naughty drug companies, trying to get a return on their investment. Shame on you. Meanwhile, India is presumably still spending a few spare rupees on a space programme and a stack of nuclear weapons....