Drugs are a huge example of how IP has helped us. If not IP then it would need to be funded by the state as a public good .. or some other mythical construct.
You might be right, I'm not saying you are not.
But it always makes me wonder what makes people so sure when they produce such definite statements.
We've never tried the alternative. We just take it for granted.
Maybe there would be still be drugs produced without IP in place and without state funding.
Maybe people are willing to make inventions regardless of the financial incentive. Maybe voluntary donations would suffice.
Inventors might like the IP incentive being in place as it is now but would still make their inventions without it because most/some of them just enjoy being useful for others.
All I'm saying is that I don't know.
This reminds me of central banks saying the economy would collapse without them controlling the interest rates and money supply.
But how do we know it's true? We've never tried the alternative.
Thanks to new things like MaidSafe coming soon into existence we might get some interesting answers whether the things we take for granted should really be taken for granted.
https://forum.safenetwork.io/t/is-maidsafe-then-end-for-copyright-laws/572/8